BUSINESS

Real Estate in Gurugram: Metro Extension Will Promote Residential and Commercial Development Along Dwarka Expressway

Even though the expansion of the Metro connection from Gurugram’s HUDA City Center to Cyber City has been given approval by the Union Cabinet, the development is anticipated to have a positive impact on the area’s real estate market. Since it would get a big infrastructure upgrade, real estate companies claimed it offers enormous promise, especially for the real estate industry near the Dwarka Expressway and New Gurgaon.

The upcoming metro link from HUDA City Centre to Cyber City, Gurugram, with a dedicated spur to Dwarka Expressway, heralds in a new age of growth for the area, according to Gaurav Bhalla, managing director of Vatika Group. Particularly for the rapid expansion and growth of the residential and commercial real estate sectors, this totally raised project is of paramount significance.

The Dwarka Expressway, which is already busy with significant projects and development, serves as proof of its relevance in Gurugram’s overall expansion, he said. The metro link will act as a catalyst, igniting the already robust growth of the Dwarka Expressway and making it into a sought-after location as a result of the many people moving to this region. The introduction of the metro would revitalize the whole region and catapult Gurugram to previously unheard-of levels of success and riches.

“The Union Cabinet’s approval of the metro extension from HUDA City Center to Cyber City could be regarded as a remarkable step towards Gurugram’s growth,” stated Pradeep Aggarwal, founder and chairman of Signature Global (India) Ltd. Due to the major infrastructural improvement, this development has enormous potential, especially for the real estate market near the Dwarka Expressway and New Gurgaon.

He said that the start of this metro link would open up a lot of investment possibilities and lead to employment, which will promote development in Gurugram’s real estate market.

It would link the city’s numerous neighborhoods like a delicately constructed garland, promoting Gurugram’s general growth with a concentration on New Gurugram and the suburbs nearby along the Dwarka Expressway. This constructive move is anticipated to spur advancement and growth across the Gurugram area, benefiting locals, companies, and the economy as a whole,” added Aggarwal.

JMS Group Managing Director Pushpender Singh said that the development of a new metro line in the area would have far-reaching impacts, addressing essential needs and promoting economic growth. “This expansion effectively links the old and new Gurugram while raising the standard of living overall.”

Additionally, he said that it vastly increases accessibility and mobility, luring new firms, residents, and investors, spurring the expansion of the real estate markets in both places. Increased connection opens doors for the development of cheap homes and raises undeveloped areas, encouraging more investment and improving economic prospects.

 

 

 

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