Why we purchase property on Dwarka Expressway and What is the price of Dwarka Expressway properties?
Why we purchase property on Dwarka Expressway, and What is the price of Dwarka Expressway properties?
Steady Growth in Property Prices along Dwarka Expressway
The average property prices along Dwarka Expressway have witnessed steady growth over the years, highlighting the area's strategic location and development potential. As of 2024, residential property prices on Dwarka Expressway typically range between ₹15,000 and ₹20,000 per square foot. These prices vary depending on several factors, including the sector, the type of project, and the amenities provided by the developer.
Luxury Projects Command Premium Prices
Luxury residential projects along the Dwarka Expressway, developed by top-tier real estate companies such as Godrej, Hero Homes, Sobha, M3M, Smart world, BPTP and ATS Group, are priced at the higher end of the spectrum. These high-end properties often exceed ₹22,000 per square foot, offering premium features and exclusive amenities to their residents.
Mid-Range and Affordable Housing
Mid-range and affordable housing projects are also prevalent along the expressway, particularly in sectors located closer to Dwarka Expressway and towards the Gurgaon side. Prices for these properties typically range between ₹10,000 and ₹18,000 per square foot, making them attractive options for middle-income buyers and investors.
Premium Rates for Commercial Properties
The commercial real estate market along Dwarka Expressway is thriving as well, with high-street retail spaces and office developments commanding premium prices. Ground-floor shop prices can reach upwards of ₹35,000 per square foot, while first-floor shops generally range between ₹18,000 and ₹25,000 per square foot. Office spaces are priced at ₹9,000 to ₹11,000 per square foot. Additionally, SCO (Shop-Cum-Office) plots start at approximately ₹3.5 lakh per square yard.
Residential Plots and Land Pricing
For buyers interested in residential plots or land along Dwarka Expressway, prices range from ₹1.35 lakh to ₹2.5 lakh per square yard, depending on the location and proximity to key infrastructure.
Driving Factors behind Rising Demand
The demand for both residential and commercial real estate along Dwarka Expressway is driven by several key factors:
- Enhanced Connectivity: The expressway provides seamless access to Delhi, Gurgaon, and surrounding areas.
- Proximity to Delhi International Airport: The ease of reaching the airport boosts the area's appeal, especially for frequent travellers and business professionals.
- Infrastructure Upgrades: Ongoing infrastructure projects, including metro expansions and road improvements, continue to enhance the area's connectivity and livability.
A Prime Investment Zone
With its growing appeal, Dwarka Expressway has become one of the most sought-after investment destinations in the National Capital Region (NCR), offering a mix of residential, commercial, and land opportunities for various segments of buyers and investors.