The inauguration of the Dwarka Expressway by Prime Minister Narendra Modi is expected to boost realty prices in the region, particularly in Gurgaon. Developers, including Sobha, Raheja, Signature Global, M3M, Godrej, and Hero Realty, have projects along the corridor. The completion of the expressway is anticipated to reduce unsold inventory levels and drive demand in the region.
The Dwarka Expressway, inaugurated by Prime Minister Narendra Modi, is expected to boost real estate prices in Gurgaon, with developers such as Sobha, Raheja, Signature Global, M3M, Godrej, and Hero Realty launching projects along the corridor. The completion of the expressway has led to a downturn in unsold inventory levels, with property and land prices expected to appreciate in the coming years.
Realty firm Signature Global plans to invest Rs 1,000-1200 crore annually for land acquisition and focus on the Gurugram property market. They expect strong demand to continue and aim for sales bookings of Rs 7,200 crore this fiscal.
Get all the details about the redevelopment of Gurgaon railway station. The new terminal will be a 9-storey building with food courts and lounges. Find out about the expansion plans, new facilities, and more.