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Dwarka-Gurgaon Expressway is emerging as ap. attractive alternative fo~ both investors and end users. A K TIWARY writes

warka-Gurgaon Express­. way, or Dwarka Express­way, slated to be completed by the end of this year, is registering huge real estate developments.

Homebuyers here have the advantage of being close to planned infrastructural de­velopment in and around developing sec­tors of Gurgaon. With its close proximity to the IGI airport, Delhi Aerocity, and the forthcoming diplomatic enclave at Dwar­ka, the expressway is expected to follow the same growth curve as premium Gur­gaon locations like Golf Course Extension Road and NH-8.

With an increasing number of MNCs and top Indian corporates operating out of Gurgaon coupled with the limited avail­ability of mid-segment residences in Gur­gaon and· Delhi, Dwarka Expressway is emerging as an attractive alternative for both investors and end users.

The 18km-long, 150-metre-wide express­way will connect to· at least 16 new resi­dential sectors and other commercial and entertainment venues.

A number of top realty players like Chintels Group, EMAAR MGF, ATS, Vati­ka, Puri Constructions, Assotech Ltd, Antriksh Godrej Properties, Adani, Tata Housing, Sobha Developers, Raheja Devel­opers, CHD Developers, Microtek, BPTP, Satya Group, Spaze, Paras, Ansal Housing, etc, are developing their projects here.

The ambitious Dwarka Expressway, also known NPR (Northern Peripheral Road), is a Huda (Haryana Urban Development Authority) project designed to ease traffic rush on the operational Delhi-Gurgaon Ex­pressway (Delhi-Jaipur Highway). Out of the total 18km length, black-top work on nearly 15km has already been completed.

The Dwarka Expressway is the state government's widest ever expressway proj­ect that connects NH-8 at Kherki Daula toDwarka.

Of the 630 acres needed to construct the expressway, 600 acres have already been acquired and the rest is expected to be acquired soon. Construction on this re­maining patch is on at full swing. More than 33,000 house~. with an approximate sale value of 8,000 crore, are under con­struction in different sectors along Dwar­ka Expressway.

Why Dwartta Gurgaon Expressway

Traditionally, construction of the major roads was the prerogative of governments; however, developers-under the umbrella of Credai, NCR-working along Dwarka Expressway have joined hands with the state government to speed up the con­struction· of this major in.frastructural project. And the result is out-there has been tremendous progress on this road from Delhi till NH-8.

Property buyers along this expressway can now feel assured about their invest­ments, now that the road is nearing com­pletion; and, once complete, this road will change the realty scenario of this region to a great extent.

The main reason behind the heightened expectations and interest in this area is connectivity, which the expressway will provide. If we look around, properties that have come up near highways or express­ways have always seen tremendous re­sponse. Nowadays, perception of people buying properties, in terms of distances, has changed as people want to live in well­planned projects, which have rapid com­muting infrastructure. It is easier to at­tract customers to projects located on ex­pressways, as they provide good connec­tivity to nearby areas.

This has led to the development of many sectors around expressways in Gurgaon and the latest options available here are the areas around Dwarka Expressway.

Realty development Sobha Developers, in collaboration with

Chintels and QVC, is developing a luxury township project, International City, on 150 acres in Sectors 109, 108, and 106 off Dwarka Expressway.

International City has been planned and is being constructed keeping in mind the advantages of independent living and con-

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sists of luxury row houses, presidential villas and duplex villas.

Jagadish Nangineni, regional head (NCR) of Sobha Developers, says: "The housing units at International City will be best-in-class-in line with Sobha's philoso­phy of delivering world-class products. The luxurious life at International City is accentuated by a premier, state-of-the-art clubhouse offering an array of privileges. With just six villas per acre and ample green spaces, International City provides a new dimension to low-density living."

Chintels Group has over 500 acres on Dwarka Expressway. Rather than building a housing and commercial project or a township, the group has plans to develop their land bank in a concentrated way by systematically developing the area with products like townships, group housing projects, an IT-park, commercial, retail, and hospitality projects, and a profession­al campus. This umbrella project, Chintels Metropolis, on 153 acres, has all the proj­ects like Sobha's International City and Chintels' Paradiso, a group-housing proj­ect on 12.3 acres in Sector 106, 108, and 109.

Prashant Solomon, MD of Chintels In­dia Ltd, says: "Dwarka-Gurgaon Express­way is one of the most important roads in the region; its completion has been de­layed due to some court cases on some parcels of land. Other than those land parcels, a six-eight lane black-top road on a 15km stretch has already been built"

Nikhil Jain, CEO of Ramprastha Group, says: "The development work on and near Dwarka Expre5sway is moving in the right direction. Like any other big-ticket infra­structural project, it also faced some de­lays, but thanks to the combined efforts of all the stakeholders, work has picked up momentum lately. In the near future, prop­erty market around Dwarka Expressway or New Gurgaon will be one of the most popular destinations in the NCR."

Raheja Developers has three group­housing projects in Sector 109-Raheja Shi­las, Raheja Vedaanta, and Atharva. These projects offer luxurious, 3- and 4BHK apartments in different sizes. The projects are almost complete and are ready for pos­session, a spokesman of the firm said.

Navin M Raheja, CMD of Raheja Group, says: "Authorities like Huda should choose from other best practices and aim at pro­viding infrastructure at and around the NPR before large-scale development takes place. These include sector roads, water and sewerage mains, electric sub-stations, etc. The biggest risk for any buyer in this area is the delay in construction of the NPR." Assotech Ltd is developing an ultra­luxurious villa and group-housing project, Assotech Blith, in Sector 99 on Dwarka Ex­pressway. 'Sample flats are ready for prospective homebuyers to get a feel of the project

Antriksh Group is developing Antriksh Zeal in Sector 112, along Dwarka Express­way. This 12 acre township offers luxuri­ous 2-, 3-, and 4BHK apartments.

Rakesh Yadav; MD of Antriksh Group, says: "Our new residential project is high­ly affordable and has been meticulously designed. Dwarka Expressway is now one of the hottest areas for real estate develop­ment." Emaar MGF has launched Imperial Gardens, a fine conglomeration of luxury and fme living, in Sector 102, Gurgaon. The company plans to develop nine high­rise towers comprising 580 units. The 3BHK apartments of 2,000 sq ft will each come with a family lounge and luxury specifications in a modern gated develop­ment over 12 acres. The project has more

than six acres of green, open spaces. Puri Construction is developing two

high-end luxurious projects, Diplomatic Greens and Emerald Bay, in Sectors 1112 and 104 respectively. Diplomatic Greens is over 20 acres of residential, gated proper­ty and is a part of an 82 acre master plan of mixed development including a hotel, re­tail, and commercial spaces. The proper­ty's impressive, upscale apartments com­prise only 15% ground coverage with up to 85% being green landscaped areas.

Arjun Puri, director of Puri Construc­tions, says: "Emerald Bay is the latest of­fering from Puri Constructions on 17 acres located in Sector 104.The project consists of nine towers and 16 villas, with each tow­er having three apartments to a floor. The sizes on offer will be 1,550 sq ft and 1,700 sq ft for the 2BHK apartments; the 3BHK apartments will be 2,450 sq ft in size. Diplcr matic Greens, in Sectors 110A and 111, of­fe~ presidential, superluxury, and luxury villas and 3- and 4 BHK apartments."

Ansal Housing has launched Town walk in Sector 104. This project offers good con­nectivity and easy accessibility, shops, cor­porate spaces in various sizes, adequate power back up, ample parking space, and dining-out options.

Kushagr Ansa!, director of Ansal Hous­ing, says: "This is the lifeline for people who are living in Dwarka and working in Gurgaon. You can see that development is taking shape at a very fast pace. The Dwar­ka Expressway is developing as a hub for · commercial and entertainment activities and is amongst the most preferred loca­tions to stay in the NCR region, with its proximity to Gurgaon and link to Delhi­Noida"

ATS Group is developing three projects­ATS Kocoon and ATS Tourmaline in Sec­tor 109, and ATS Marigold (recently launched) in Sector 89A-which offer 2-, 3-, and 4BHK luxury apartments in the size range of 1,700-2,600 sq ft.

Microtek Infrastructure has recently launched its first project, Microtek Green­burg, in Sector 86 near Dwarka Express­way. Ajay Aggarwal, MD of Microtek In­frastructure, says: "The NPR is bound to change the face of the Dwarka-Gurgaon stretch. The area has been continuously yielding good returns and property pric!!S are moving northwards, riding high on the future prospects of NPR."

Satya Group is developing The Her­mitage, a residential group-housing proj­ect, in Sector 103 on Dwarka Expressway. The Hermitage, a 10.2 acre group-housing project, caters to the luxury segment with connectivity as its USP.

Master Plan The Gurgaon-Manesar Master Plan-2012

had given a boost to Dwarka Expressway. The total stretch covered by the express­

way is around 18km including a wide road, which is around 150 metres wide, starting from Dwarka and connecting to Palam Vi­bar. The main objective of the expressway was to reduce the travel time of people commuting from west Delhi to Gurgaon. The areas along the expressway like Sec­tors 110A, 111, 112, and 113, which are near Delhi, are likely to see higher appreciation in the near future.

Other major areas near the expressway are Sectors 370, 83, 84, 88, 99, 100, 101, 102, 102A, 103, 104, 105, 106, 109, and 110. These sectors are being developed with residen­tial and commercial projects, with the maximum area allocated for residential development.

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