Dwarka Expressway Vs Noida Expressway

 

Dwarka Expressway and Noida Expressway are two prominent expressways in the National Capital Region (NCR). These thoroughfares adjoin many popular cities and offer excellent connectivity. A residential property owner can enjoy excellent infrastructure in these zones. You can also expect high returns on investment. As a result, many real estate investment opportunities lie in these micro-markets.

Investment in the Dwarka and Noida expressways will be a profitable financial move. While both expressways come with various advantages, one outperforms the other in certain aspects, which this article will discuss below.

Advantage of location

Noida Expressway is a six-lane highway linking Noida and Greater Noida. It features a rapidly growing residential market, a dynamic social infrastructure and some prominent commercial hubs. The popularity of the area has increased after the Jewar International Airport and Aqua Metro Line of the Delhi Metro were proposed.

The eight-lane highway connecting Delhi to Gurgaon is known as Dwarka Expressway. Its key attraction remains its proximity to the Indira Gandhi International Airport. The newly proposed metro corridor between Sector 23 and Huda City will further enhance the connectivity. The only drawback is its 15–20 km distance from commercial hubs.

Civic facilities

The entire construction of the Noida Expressway is complete, and the civic infrastructure is fully developed. The facilities here have been designed as per the developed markets. On the contrary, Dwarka Expressway is still under construction, and it may not be completely available for public use in the next few years.

The key reason behind the varying condition of these two expressways is the order of development. Noida’s civic infrastructure is laid down first and then the land is allotted for commercial and residential development. In Dwarka, builders avail land rights before the establishment of civic infrastructure. This causes uneven development. This could also be the primary reason for sewage issues and clogging.

Social facilities

Noida and Dwarka Expressways house multiple medical centres, educational institutions and entertainment facilities. Companies like HCL, Infoedge, and Oracle have offices in Noida. Indiabulls and L&T reside in Dwarka.

Inventory provision

With its 206 residential projects, Noida Expressway is slightly ahead of the Dwarka expressway and its 200 residential projects. However, 40% of housing projects in Noida are RERA-registered, whereas 46% of Dwaraka’s projects have Rera registration.

Capital Value

Noida Expressway offers a better infrastructure and development pace than Dwaraka Expressway. However, the latter has increased capital prices. The average home cost of INR 6,400 per sq ft on the Noida Expressway is lower than INR 7,300 per sq ft on the Dwarka Expressway.

Dwarka Expressway has lower rents than Noida Expressway. Noida Expressway observes a rent of INR 9,000–10,000 for 1 BHK, INR 14,000–16,000 for 2 BHK, and INR 17,000–25,000 for 3 BHK. On the other hand, in Dwarka Expressway, the rent is INR 5,700–7,000, INR 8,000–10,200, and INR 21,000–21,800 for 1 BHK, 2 BHK, and 3 BHK, respectively.

Final words

Noida Expressway is a more developed area than Dwarka Expressway. Hence, the first can offer a better life. Noida is also a better option for a family since it is a better-connected and safer area. Its greater vicinity to commercial hubs than the Dwarka expressway is good news for working professionals commuting daily and those looking for employment.

If you want to invest in Dwarka Expressway, check out Joyville Gurugram. The thoughtfully designed spacious homes here will provide you with the utmost convenience, maximum comfort and top-class amenities.

Joyville Gurugram →

Originally published at http://realestateandepc.wordpress.com on December 21, 2022.

Why Dwarka Expressway is an excellent location to invest in?

 

Image Source — Hindustan Times (Delhi govt gives NHAI go-ahead for Dwarka expressway Package-2)

The ever-growing demand for real estate in Gurgaon is majorly owing to the southern half of the city that delivers the promise of excellent social infrastructure and an emerging commercial boom. Located on the southern side of NH 48 is the Dwarka Expressway project that extends as far as 29.10 km. This ambitious transport route is expected to be completed towards the end of 2022 and is already capturing the demand for prime real estate, making it the ideal time to invest and benefit from the emerging growth in the area.

This National Highway Authority of India (NHAI) Dwarka Expressway project will provide a route that connects Mahipalpur (Shiv Murti) in Delhi with Kherki Dhaula via New Gurgaon (Gurugram) in Haryana. With an estimated cost of over Rs.8 crore, it will feature 8 lanes as well as local lanes, over 20 flyovers, 2 rail bridges, 11 vehicle underpasses, 20 underground pedestrian crossings, and a 2.5 m cycle path. With the completion of the Haryana section of this expressway, the connectivity between Gurgaon and Delhi will become seamless.

Wikimapia — https://en.wikipedia.org/wiki/Dwarka_Expressway#/map/0

A strong infrastructure is readily available only the expressway with ain Sant Phool Charitable hospital, AIIMS Jhajjar, and Columbia Asia Hospital in terms of healthcare and institutions such as Imperial Heritage School and the Euro International School. It is also well connected and in close proximity to the Indira Gandhi International Airport. There is also the Manesar Industrial belt, Cyber City, and other prominent business hubs of Gurgaon that are within easy access. Neo Square and First Mall are also upcoming to build a great retail landscape.

Coming to real estate along the Dwarka Expressway, there are plenty of affordable residential apartments up for grabs in the configuration of 2, 3, and 4 BHK. The residential sectors in this area are 83, 84, and 99–113 with promising real estate traction while commercial sectors include 105, 106, 109, 110, 110A, 111, 112, and 113.

This location is currently only about 20–30% occupied by residential projects which indicates great potential for growth. Leading developers are catching on to the real estate momentum of Dwarka Expressway that will create fluid activity between Gurgaon and Delhi. This only adds to the potential of various planned projects and real estate trends in the area.

Joyville Gurgaon Map Location — https://goo.gl/maps/FNqT87nHw94cYwxf8

Joyville Gurgaon by Shapoorji Pallonji at sector 102 offering luxury 2 & 3 BHK Flats on Dwarka expressway starting from Rs. 1.37cr with over 75% open spaces, 31+ amenities^, 9 pocket amenity spaces^. This is Road touch property and you will get all other basic facilities within range of 3 to 5 Kms.

Explore Joyville Gurgaon Project Gallery — https://www.joyvillehomes.com/joyville-gurugram/gallery/

Originally published at http://realestateandepc.wordpress.com on December 14, 2021.

4 Reasons to Buy or Invest in Property on the Dwarka Expressway

Connecting New Delhi which is the capital city of India to Gurugam which is another finance and technology hub, the Dwarka Expressway is an important infrastructural landmark. This means that the projects surrounding this major eight-lane expressway are all valuable real estate opportunities.

That being said, the following are the main reasons why investors or homebuyers should consider looking into properties on the Dwarka Expressway. 

1. A major connector to New Delhi

Also known as the Northern Peripheral Road, this under-construction expressway is already a major connector of Gurugram to other important areas. It is 27.6 km long and has eight lanes connecting to locations like Dwarka in New Delhi, Palam Vihar, Kherki Daula, and further extends alongside the NH-48A.

2. Access to important facilities and infrastructure

The Dwarka Expressway further connects to other parts of the city and country with close proximity to transport facilities like Delhi Metro, Indira Gandhi International Airports, and nearby railway stations. Residents in this area can also enjoy easy access to hospitals and schools along with proper public utility services such as water supply, power lines, and sewage lines. Commercial spaces also have a lot of scope in this millennial city including malls and multiplexes as well as office spaces.

3. An emerging hub with attractive rates

Since the construction of this stretch is still under way, there is still plenty of room to grow while real estate prices currently sit at comfortable rates. This area has a lot of potential for further development which many it an ideal location for long-term investments. Buyers and investors can expect a value for money with the possibility of the value increasing significantly a few years down the line. 

4. Cutting-edge real estate options

Most importantly, home buyers and investors also have a wide range of high-quality, cutting-edge properties to choose from. There are properties from reputable builders such as Shapoorji Pallonji’s Joyville Gurugram and multiple projects by Raheja Developers, TATA Housing, DLF, Indiabulls, and Supertech, among others. This area also has a number of affordable projects under PMAY and HUDA’s residential property in Gurugram.