Dwarka’s property market has experienced a growing buyer momentum over the years as it continues to grow in commercial expansion. Some micro-markets, including Sectors 5, 6, 7, 9, 11, 13 and 23, were often preferred by the buyer and top the charts at ‘ask’ rates year-by-year with full motion.
The demand for independent houses for sale in Dwarka, Delhi has also increased rapidly.
Dwarka is a suburb and the largest residential area in Asia in South-West Delhi. In recent years Dwarka has experienced rapid infrastructural growth and increased connectivity in the vicinity of Gurgaon and the Indira Gandhi International (IGI) Airport, making it the capital’s preferred residential bag.
Sub Areas
Consider the Dwarka sub-pocks and some of the core stimulators of growth that led to traction in these micro-markets. Dwarka registered decent property investigations over the years, due to its proximity to the airport of Gurgaon and IGI. In Dwarka sub pockets, such as sections 6, 10, 11 and 12, the traction of Rs 80 lakh-RS 1 crore was decent due to the connectivity by metro, the proximity to business hooks and the availability of 2 BHK residential options.
Good Infrastructure
Well-planned infrastructure is a core function of the 29 sectors of this suburb. The area consists mainly of cooperative housing and flooring companies. It offers everything you need for a peaceful life, including colleges, universities, hospitals, banks, restaurants, hotels and malls. Some of the most important social facilities in the vicinity are Delhi Public School, Dwarka and Sri Venkateshwar International School, Indraprastha University and Netaji Subhas Technology University, Artemis Hospitals, Dwarka, Indian state bank and Radisson Blu, Dwarka. The sub-city is also being built under the smart city project of the Delhi Development Authority (DDA).
Metro connectivity: Lifeline of Dwarka
A well-connected metro and road system provides convenient access to Dwarka. From the main job centres – Gurgaon, Delhi and Noida – the area is easily accessible through the metro station Delhi. In addition, the Dwarka Sector-21 direct subway connectivity to the IGI Airport through the Delhi Metro Airport Express line is an additional benefit.
The new Dwarka Expressway will also offer Dwarka to Gurgaon high-speed connection to make it easy for employed professionals to travel daily. The Expressway facilitates the congestion of traffic between the two cities and is an important factor in the development of real estate in the vicinity.
Compared to Gurgaon competitive rents
Dwarka provides a variety of choices from communities to individual building floors. The rental market in Gurgaon is driven mainly by competitive rents and robust connectedness of the technology companies of which companies are located. In a Dwarka premium housing company the average monthly rents are almost 10-15 per cent less than Gurgaon, due to fewer facilities.
For example, in a housing corporation in Sector-5, a fully equipped three BHK property is available for rent for almost Rs 26,000 per month, whereas, in Sector-47, Gurgaon, the rental cost for a three BHK property starts from Rs 27,000. Furthermore, building floors are generally insignificant, which is high for residential companies, at no maintenance costs.
Final Words
Dwarka is one of the suburban towns most advanced. Near the airport and train station are commercial hubs, shopping centres, restaurants, etc. This area’s transport system is strong and people can travel smoothly without hassle. Immobilium prices are rising as people are increasingly demanding this region. Immobilization investors can invest without incurring losses in this sector. This is a demanding location in southwest Delhi. There is a large demand. For its inhabitants, this makes it even more appealing.
The area attracts a significant number of employees due to factors such as affordable leases, scheduled facilities, seamless connectivity and proximity to business centres and airports. In addition, the region’s real estate sector is boosting with Dwarka Expressway near completion.
