Indian Real Estate Market

With the living space becoming scare in the metro cities, several  housing projects are coming up along expressways. Construction of residential units along the southern peripheral roads, the Noida-Greater Noida Expressway, the Faridabad-Noida-Ghaziabad Road and the most preferred location DWARKA Expressway is in full swing.  Residential projects along expressways  are  always very attractive to developers due to the linkage, connectivity and infrastructure benefits they provide over the main city area. Their impact on real estate prices, too, is immense.  Projects located along or close to a highway usually see a run-up in prices in the range of 10-15%. Typically the value of a residential project along a highway pays off within 7-10 years. Any investment made in real estate along expressways means mid- to long-term play for both end-users as well as builders, For prices to appreciate tangible progress should be visible on the stretch. Real estate experts point...

If we go with the words of  Delhi development Authority DDA planning departments , the upcoming Dwarka-Manesar Expressway will solve the traffic problems of the residents of Dwarka and other nearby west Delhi colonies. This is the constant refrain of DDA planners whenever faced with queries relating to poor approachability to Dwarka. Similar views were made by them in a recent interaction with the public organized by a resident body in Dwarka. Though work on proposed 18 km long and 150 in wide expressway is still to start, the Officials involved are positive. “The Dwarka-Manesar Expressway is one of the main projects which is going to create a new approach to dwarka and solve a lot of existing problems, related to the approach to NH-8 from Dwarka. Work on the Dwarka side of the project will start soon.” "Dwarka Expressway is definitely going to be a faster way to reach to Dwarka from NH-8, it was the need of the time." says Mr. Vishal Srivastava, Director of well known real ...