The Delhi-NCR real estate market had been limping for quite some time now. Sluggish demand and oversupply of inventory made matters kind of worse. But things are improving at a rapid pace, all thanks to a plethora of corrective measures and initiatives undertaken by the concerned authorities. The demand has showed signs of revival, with a torrent of humungous commercial and residential realty deals taking place very recently. But that’s not all; things are all set to become better even further.
The all important Haryana Urban Development Authority (HUDA) has proposed a state of the art 18 KM long Dwarka-Manesar highway. The much needed expressway is all set to spur and spike the real estate market of the entire national capital region. This game changing highway was initially planned as an alternative way of reaching and as a link between the national capital of Delhi and the millennium city of Gurgaon. The positive impact of this proposed highway can already be witnessed in these two tremendous cities.
This highly anticipated highway project has been delayed for a whopping four years now because of the long pending land dispute between land owners and HUDA. But the Punjab and Haryana High Court has settled the dispute very recently. Land owners will be recipient to a similar piece of land in the nearby locality along with a reasonable compensation. Thus the high court’s order will come as a breather to a slew of land owners. It will also put the highway project on fast track which will in turn bring massive relief to commuters in the very near future. Also the region of Dwarka and Gurgaon will benefit the most in terms of realty prices prevailing over here. Thus return on investments will experience a huge boost for everybody invested in Dwarka and Gurgaon’s real estate.
Such a highway of epic and grand possession doesn’t just stand there by itself; it also puts the development and growth of infrastructure in the near vicinity on speed mode. It also brings people and areas closer to each other along with making these regions a lot more accessible then they previously were. Thus the rapidly improving real estate arena of Delhi-NCR will get the much needed and anticipated boost, all thanks to HUDA and the proposed Dwarka-Manesar E-way.
So without any shadow of a doubt, now is absolutely the right time and occasion to invest your hard earned money in Delhi-NCRs real estate market. All those investors who were being watchful and sitting on the sidelines while adopting the wait and watch policy should enact now without wasting another precious moment. End users should also act immediately before the price rise can take place; afterall your dream home is just a step and few moments away.