Invest Wisely: Dwarka Expressway Vs Noida Expressway

The National Capital Region’s (NCR) two most well-known expressways, Dwarka and Noida, provide several connectivity advantages. To secure the highest returns in the future, it is crucial to evaluate the micro-markets’ investment potential while buying real estate in these areas.

Real estate investing near the main arteries of connectivity offers several advantages to investors. A property buyer has a lot to be grateful for, from improved connections to a greater rate of return. Dwarka Expressway in Gurgaon and Noida-Greater Noida Expressway in Noida are the two well-known micro-markets that provide a variety of residential options across budgets if real estate investment in Delhi NCR is on your mind. To avoid subsequent regrets and assure greater capital returns in the future, it is crucial to carefully consider the micro-investment market’s possibilities before taking the leap.


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Dwarka and Noida Expressway Location Advantages

Noida Expressway

The expressway, a 24.53 km long, six-lane highway, links Greater Noida to Noida, a major industrial center in the Delhi NCR. It is a growing residential area with strong social and retail amenities as well as significant business parks. Advant Navis Business Park, Express Trade Towers, Unitech Infospace, Lotus Business Park, and Special Economic Zone are just a few of the important business centers that can be found along the length (SEZ). The projected Jewar International Airport, Film City, Furniture Park, and the beginning of the Delhi Metro’s Aqua Metro Line in January 2019 all contributed to the area’s increased appeal. Sector 52 in Noida and the Depot Metro Station in Greater Noida are connected by the metro.

Dwarka Expressway

The Dwarka Highway, also known as the Northern Peripheral Road (NPR), is a 27.6 km long, eight-lane expressway that connects Delhi and Gurgaon via a different route and relieves traffic on the Delhi-Gurgaon Expressway. Mahipalpur in Delhi and Kherki Daula in Gurgaon are connected by the expressway. The length is located in Gurgaon for around 18 km, while Delhi is home to the remaining kilometers. The Dwarka Expressway’s easy access to the Indira Gandhi International (IGI) Airport is one of its standout characteristics. The projected metro corridor, which will connect Huda City Center to Sector 23 through Subash Chowk, Hero Honda Chowk, and Dwarka Expressway, may significantly increase the area’s connectivity.

Additionally, the length makes it easy to go to the busy commercial sectors of DLF Cyber City, Manesar Industrial Hub, and Maruti Suzuki India Plant. The distance between the business areas and the residential areas along the length is, however, about 15-20 kilometers.

 

Also read:  About Dwarka Expressway

 

Municipal Facilities

Noida is a planned city with municipal infrastructure on par with mature markets.  This is so that the land may be developed for residential and commercial purposes. In Noida, the development authority first establishes the municipal infrastructure. In Gurgaon, however, the development authority puts in place civic infrastructure after the developers buy the site.

This has led to unequal development across sectors and is possibly the major cause of sewage and water blockage problems.

Additionally, the Dwarka Expressway is currently under built and may take years to completely open to traffic, in contrast to the fully finished Noida Expressway. The stretch’s construction is broken down into five parts. The second package of the length between the Bijwasan Rail Underpass and the Delhi-Haryana Border was authorized by the Delhi government in August 2019.

The Dwarka Expressway has a lower occupancy rate than its counterpart since project deliveries by the developers just began a few years ago. 

Social services close to the Dwarka and Noida Expressways

Social Infrastructure

Noida Expressway

Dwarka Expressway

Academic Institutions

Delhi Public School & Lotus Valley International School 

Royal Oak International School, Euro International School, & Imperial Heritage School

Health Facilities

Felix Hospital & Jaypee Hospital

Aatish  & Apex Hospitals

Entertainment Mall

Dlf Mall, Gardens Galleria, & Great India Place

Raheja Mall & Omaxe Mall

Companies

Oracle, Infoedge, Hcl,

Indiabulls, L&T

Future Infrastructure Initiatives

Jewar International Airport

Metro Line In Sector 23 Of Huda City

 

Inventory Provision

Dwarka Expressway features more than 200 residential developments, in June 2022. About 45% of these are RERA-registered initiatives. Sobha Developers Ltd, Shapoorji Pallonji Group, Godrej Properties Ltd, Hero Housing India, and India bulls Real Estate Limited are a few of the developers that have made their mark in the micro market.

Nearly 206 residential complexes can be found along Noida Expressway, and some of the biggest names in the industry have left their mark there, including Tata Housing Development Company, ATS Infrastructure Ltd, and Kalpataru Group. In Noida Expressway, over 40% of the housing complexes have registered under RERA.

Economic Values

Despite having a well-designed infrastructure, being close to commercial areas, and having a metro corridor running along its length, Noida Expressway’s average capital prices are cheaper than those of its rival. Property costs on this stretch range from Rs 5,300 to Rs 7,700 per square foot, while capital costs on the Dwarka Expressway range from Rs 6,100 to Rs 8,300 per square foot.

Dwarka Expressway and Noida Expressway Capital and Rental Rates

Localities

Average Home Prices

1 BHK Monthly Average Rent

2 BHK Average Monthly Rentals

3 BHK Average Monthly Rentals

Noida Expressway    

Rs 6,400 per sq ft           

9,000-10,000 Rs          

Rs  14,000-16,000        

17,000-25,000 Rs 

Dwarka Expressway    

Rs 7,300 per sq ft           

5,700-7,000 Rs          

Rs 8,000-10,200           

21,000-21,800 Rs 

 

Where can I invest?

Given the aforementioned considerations, Noida Expressway outperforms Dwarka Expressway in terms of livability. It can be a good choice for prospective homebuyers looking for a residential hub with plenty of infrastructure amenities.

As business development always has a favorable impact on residential pricing, the relocation of many commercial giants from Gurgaon to Noida and the growing expansion of coworking spaces as a result of the cheaper lease rates further contribute to the location’s suitability for investment.

Actually, the Dwarka Expressway is a well-known residential market as too, but the stretch’s incompleteness has deterred many would-be homeowners. The success of the real estate venture hinges on how quickly the stretch develops.

 

 

 

 


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Disclaimer: The views of this expressed above are for informational purposes only based on the industry reports & related news stories. Navimumbaihouses.com does not guarantee the accuracy of this article, completeness, or reliability of the information & shall not be held responsible for any action taken based on the published information.
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