Dwarka: A Great Real Estate Investment Option For Its Excellent Connectivity

Dwarka, located in the southwest part of Delhi NCR, is a highly demanding residential area. Its proximity to Indira Gandhi International Airport (only 10 km away) and industrial hub of Gurgaon make Dwarka an upmarket residential area. The Airport Express Line connects the airport with Dwarka Sector 21 Metro and thus reduces the travel time from the airport to Dwarka to 3 minutes. Delhi Development Authority's 'zero-tolerance policy' regarding misuse of land, encroachments, and other legal transgressions has made Dwarka a strong real estate sector. The National Highway 8, Najafgarh Road, Pankha Road, and the Outer Ring Road connect Dwarka with other parts of the metropolitan region. 8 Metro Stations connect Dwarka with the important parts of Central Delhi. Important localities of South West Delhi like Vasant Kunj, Vasant Vihar, Janakpuri, Uttam Nagar surround Dwarka.

Roads of Dwarka are enough wide and well-developed. The West Delhi Loksabha Constituency manages the locality. Dwarka is known for its good governance and maintenance of infrastructure. The region has created a name for the implementation of good urban planning. All these factors are responsible for the growth of Dwarka as a commercial property and residential real estate. In addition to excellent social infrastructure, Dwarka has popular educational institutions like colleges and schools. The demand for 1 BHK apartments has increased in Dwarka because of the development of colleges in this locality. More the number of colleges, more the demand for the residential rental market in Dwarka.

Commercial property is directly related to the residential real estate market. Commercial property in Dwarka has improved and strengthened the residential real estate market. Dwarka is a good investment option for developers and builders. In spite of the high land prices, the builders opt for Dwarka for investing because of well-developed infrastructure and attracting a metro crowd for education and employment. On the one hand, commercial property helps the residential real estate market. On the other hand, investment in malls and office spaces by developers and builders, in turn, has improved the market for commercial property in Dwarka.

The infrastructure in this sub-city is well-developed and top-notch. The residential real estate market in Dwarka is increasing and booming because of its top-notch infrastructure. Excellent connectivity with other famous localities, employment centers, airport and metro stations have made Dwarka a desirable investment option. The buyer's favourite destination is Dwarka Sector 18B. All sectors in Dwarka are within a radius of 2-3 km of 8 metro stations. In addition, Delhi Transport Corporation (DTC) and Delhi Metro Feeder services have made Dwarka a highly demanding residential real estate area.

Are you looking for investing in Dwarka? If yes, your decision is correct. Dwarka is one of the most profitable residential destinations in the National Capital Region (NCR). Dwarka is a profitable option in terms of monetary value and future rate of returns. 2 BHK Flats in Dwarka, Delhi, and 3 BHK Flats mostly are on high demand here. Developers and builders prefer to invest in 2 BHK and 3 BHK flats and 1 BHK apartments are still not so popular investment choice in Dwarka. While 2 BHK flats of 1200-1500 sq. ft draw a rental of INR 10,000 per month, 3 BHK flats of the same sq. ft fetch rental of INR 15,000 per month. Bigger the units size, bigger the rental amount from flats. Bigger flats can get a rental of INR 30,000- 35,000 per month.

Conclusion

Thus from the above discussion, we may conclude that Dwarka is a good investment option for developers and builders because of its excellent connectivity. Its proximity to the airport, metro stations, localities of Delhi, employment centres and educational centres make Dwarka a demanding residential real estate area.

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Created on Sep 9th 2020 01:16. Viewed 775 times.

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