Dwarka Expressway Inauguration: Real Estate Players Say It Will Boost Property Market In Gurugram

Even as Prime Minister Narendra Modi on Monday inaugurated the Haryana section of the landmark Dwarka Expressway, real estate players say it marks a significant milestone for the real estate sector in Gurugram and the Millennium City, radiating optimism and growth. It said the expressway will improve traffic flow and ease congestion between Delhi and Gurugram on NH-48.

The total length of Dwarka Expressway is 29 km, out of which 18.9 km falls in Haryana, while the remaining 10.1 km is in Delhi.

On March 9, 2019, the then Union ministers, Sushma Swaraj, Arun Jaitley and Nitin Gadkari had laid the foundation stone for Dwarka Expressway. The prime minister also held a road show here.

Dwarka Expressway is India’s first elevated 8-lane access control urban expressway, being constructed at an estimated cost of Rs 9,000 crore, as part of the Centre’s Rs 60,000 crore highway development plan in the NCR to decongest the national capital. The Haryana section of Dwarka Expressway has been built at a cost of around Rs 4,100 crore and includes two packages of 10.2-km Delhi-Haryana Border to Basai Rail-over-Bridge (ROB) and 8.7-km Basai ROB to Kherki Daula.

It will also provide direct connectivity to the IGI Airport in Delhi and Gurugram Bypass. Haryana Chief Minister Manohar Lal Khattar and Minister of Road Transport and Highways Nitin Gadkari were present at the event.

 

Source: https://www.news18.com/business/dwarka-expressway-inauguration-real-estate-players-say-it-will-boost-property-market-in-gurugram-8811264.html

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