3 emerging real estate hotspots in Delhi-NCR
Delhi-NCR is rapidly emerging as the most prestigious real estate market in the country. In particular, the property market of Delhi-NCR has changed a lot in the last 5 years. During this period, there has been a tremendous increase in the demand for luxury properties in Delhi and surrounding areas. According to a report by property consultant ANAROCK, in the first half of the year 2024, about 32,200 housing units were sold in Delhi-NCR. Surprisingly, more than 45 percent of these units were from the luxury segment while 24 percent of the units were from the affordable segment. Whereas in 2019, the sale of luxury units was only 3 percent and the sale of affordable units was 49 percent.
The country’s capital Delhi as well as its surrounding cities like Gurugram, Noida are being seen as top class options for investment due to their future development plans. Here we will know about those places in Delhi-NCR where a lot is going to change in the future and investing in property here can be one of your best decisions.
Dwarka Expressway
After the completion of the Dwarka Expressway, which is being built at a cost of Rs 9000 crore, the future of all the areas around it will change. Its work is to be completed in four phases. Two phases of the project are in Delhi and two phases in Gurugram. There has been tremendous development in this area in the last few years and in the coming years too, many types of work are to be done here, which will increase both the appearance and price of this place tremendously.
Sohna Road
Sohna Road in Gurugram has become one of the most preferred destinations for builders these days. In fact, the Sohna-Dausa stretch of the Delhi-Mumbai Expressway is near Sohna Road. This is the reason why developers want to make the places around it their own as soon as possible. Developers are hopeful that after investing in this place, huge returns are certain.
Apart from its strong connection with the Delhi-Mumbai Expressway, Sohna Road also benefits from seamless access to the six-lane elevated Gurugram-Sohna Corridor (NH-248A). This makes it a convenient 15-minute drive to major commercial, retail and entertainment hubs in Gurugram.
Yamuna Expressway
The Yamuna Expressway, which runs from Noida and Greater Noida to Agra, has become a hotspot in Gautam Buddha Nagar district these days. Big builders of the country are bringing top class commercial and housing projects in this entire area. This expressway, which provides direct connectivity to Noida International Airport in Jewar, also connects the country’s capital Delhi, Faridabad, Ghaziabad and Gurugram.
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