Dwarka Real Estate – Growing taller

Dwarka is located in the southwest of Delhi, bounded by Najafgarh Road, Pankha road and the Rewari railway line. It is on its way to becoming Delhi’s second diplomatic enclave after Chanakyapuri. Dwarka has seen tremendous developments in its real estate sector in the last five years with real estate prices hitting an all-time high.

The Dwarka suburb is planned to accommodate the housing needs of urban India and therefore each residential society is made to be a self-contained community. Dwarka’s infrastructure presents a combination of contemporary and socio-economic concepts of today’s Delhi. Dwarka possesses the right combination of urban planning, environmental design, aesthetic and recreational facilities along with vegetation cover. Even Dwarka’s commercial sector is developing at a fast pace with its property rates doubling and tripling.

The main reason for this large scale development in Dwarka is the scarcity of land in other parts of Delhi. Being a planned city, it has no congestion, well-planned municipalities, open space, wide streets, large markets, no parking problems, and all other facilities. These features are not found in most of Delhi and therefore the prices are very high. The opening of the 32-lane Gurgaon Expressway is a boon for residents as it connects Delhi and Gurgaon with domestic and international airports. The largest toll plaza in Asia is also located on the same expressway.

The extension of the metro from Delhi to Dwarka is one of the main reasons for the rise in its prices. Other attractive features of the city include golf course, sports clubs, cricket ground, ISBT, amusement parks and water parks. In addition, it is strategically located near the IGI airport; Dhaula Kuan; Outsourcing Centre, Gurgaon; heart of Delhi, CP and India Gate. There was a time when the interiors of Dwarka saw no living souls due to lack of electricity and water and the residents only stayed in the outlying areas. But today, this scene has become a talk of the old days, and the suburb is filled with more and more people.

Developments on the Dwarka property continue to be in full swing with various shopping malls, restaurants, hotels, shopping complexes, etc. aligned. Upcoming projects in Dwarka include:

-A ten-acre fashion center to serve the purposes of entertainment,

-The largest ISBT (Interstate Bus Terminal) in Delhi in Sector 23,

-India’s largest Convention and Exhibition Center in Sector 24 in an area of ​​35 acres,

-Seven sports complexes planned, one already built,

-Many 5 and 7 star hotels throughout the sub-city.

Most likely they will be ready in the next 3-4 months before the Commonwealth Games in October this year.

Among the main developments of the ten-acre fashion center, the largest exhibition center of DLF, etc. one of the most prominent would be the emergence of embassies in the area. It is expected that the embassies of at least 39 countries in Central Asia, South Asia, Africa and Latin America will be able to receive land in this part of the city. Once this diplomatic enclave development takes shape, it will lead to an increase in property prices in Dwarka, which are already sky-high.

Dwarka, the ‘model township’ is one of the largest residential areas in Asia with 29 wards and the cleanest suburb of Delhi and nearby townships. The easy availability of district centers, universities, schools, hospitals, sports complexes, local and convenience shopping centers make it one of the busiest residential places in the national capital.

The property boom in Dwarka is encouraging property developers to quote skyrocketing prices. This suburb is one of the safest investment options in Delhi today as property costs will only increase in the future.

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