{"id":2123,"date":"2024-03-13T11:23:13","date_gmt":"2024-03-13T05:53:13","guid":{"rendered":"https:\/\/www.orionrealtors.com\/blog\/?p=2123"},"modified":"2024-03-13T11:23:14","modified_gmt":"2024-03-13T05:53:14","slug":"dwarka-expressway-inauguration-real-estate-players-say-it-will-boost-property-market-in-gurugram","status":"publish","type":"post","link":"https:\/\/www.orionrealtors.com\/blog\/dwarka-expressway-inauguration-real-estate-players-say-it-will-boost-property-market-in-gurugram\/","title":{"rendered":"Dwarka Expressway Inauguration: Real Estate Players Say It Will Boost Property Market In Gurugram"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Real estate players say this state-of-the-art project includes a modern eight-lane expressway, which strategically connects key locations of Delhi and Gurugram and re-shaping the landscape of Gurgaon&#8217;s property market<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Even as Prime Minister Narendra Modi on Monday inaugurated the Haryana section of the landmark Dwarka Expressway, real estate players say it marks a significant milestone for the real estate sector in Gurugram and the Millennium City, radiating optimism and growth. It said the expressway will improve traffic flow and ease congestion between Delhi and Gurugram on NH-48.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The total length of Dwarka Expressway is 29 km, out of which 18.9 km falls in Haryana, while the remaining 10.1 km is in Delhi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On March 9, 2019, the then Union ministers, Sushma Swaraj, Arun Jaitley and Nitin Gadkari had laid the foundation stone for <strong>Dwarka Expressway<\/strong>. The prime minister also held a road show here.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dwarka Expressway is India\u2019s first elevated 8-lane access control urban expressway, being constructed at an estimated cost of Rs 9,000 crore, as part of the Centre\u2019s Rs 60,000 crore highway development plan in the NCR to decongest the national capital. The Haryana section of Dwarka Expressway has been built at a cost of around Rs 4,100 crore and includes two packages of 10.2-km Delhi-Haryana Border to Basai Rail-over-Bridge (ROB) and 8.7-km Basai ROB to Kherki Daula.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It will also provide direct connectivity to the IGI Airport in Delhi and Gurugram Bypass. Haryana Chief Minister Manohar Lal Khattar and Minister of Road Transport and Highways Nitin Gadkari were present at the event.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What Industry Players Say<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pradeep Aggarwal, founder and chairman of Signature Global (India) Ltd, said, \u201cThe unveiling of the Gurgaon segment of the Dwarka Expressway marks a significant milestone for the real estate sector and the Millennium City, radiating optimism and growth. This state-of-the-art project includes a modern eight-lane expressway, which strategically connects key locations of Delhi and Gurugram and re-shaping the landscape of Gurgaon\u2019s property market. The project stands as a testament to the government\u2019s dedication to fostering a dynamic urban centre.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He added that this new expressway will not only provide better connectivity for the close vicinity and locations of SPR, New Gurugram and Sector 37D at Dwarka Expressway; it would be a catalyst for price appreciation and promises a bright future for the real estate market in the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate players say this state-of-the-art project includes a modern eight-lane expressway, which strategically connects<\/p>\n","protected":false},"author":1,"featured_media":2124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-2123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-news"],"yoast_head":"<!-- This site is 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