Gurugram, Sohna all set to become new real estate hub with opening of Delhi-Mumbai Expressway
Gurugram: The Sohna-Dausa stretch inauguration marks the beginning of a new chapter of economic growth of the region. This project has the potential to revitalize the entire Gurugram and the surrounding areas by driving economic activity and providing numerous benefits for all. Real estate experts are optimistic about the impact of this new development, with many expressing their excitement. Here’s what the industry stalwarts have to say regarding the inauguration of the Sohna-Dausa stretch.
Amarjit Bakshi, CMD, Central Park said – “The inauguration of the Sohna-Dausa stretch of the Delhi-Mumbai Expressway is a momentous occasion, heralding a new era of Infrastructure transformation and economic growth in NCR. It is a significant development with the power to transform Sohna and its neighbouring economic hubs by stimulating business and commercial activities and bringing about promising benefits for all. Sohna is an entry point of the Mumbai-Delhi expressway, which will provide the much-needed fillip in its emergence not just as a pivot town for all economic activities but also as a prominent real estate destination. The government’s other game-changing infrastructure developments in the region like the Gurgaon-Sohna Expressway, KMP Expressway, freight corridor, Orbital Rail Corridor, connectivity to the proposed Jewar International Airport, and easy access to the operational IGI airport etc. will be Sohna’s moment of glory.”
“The Delhi-Mumbai Industrial Corridor, also known as the Delhi-Mumbai Expressway, is a planned expressway that aims to connect Delhi, the capital city of India, to Mumbai, the country’s financial capital. This expressway is projected to reduce travel time between the two cities, thereby giving a major boost to the regional economy. In terms of real estate, the Delhi-Mumbai Expressway is predicted to positively impact Gurugram’s luxury real estate market. The expressway’s development is expected to spur growth in cities along its route, especially due to its superb connectivity with SPR, Sohna elevated road, NH8, and Dwarka Expressway, creating new investment and development prospects. The enhanced connectivity and reduced travel time are expected to make these cities more appealing to businesses and entrepreneurs, thereby leading to an increased demand for luxury homes and commercial properties.”- Navdeep Sardana, Chairman & Managing Director, Whiteland Corporation
Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India), Ltd. Said, “The commencement of the eight-lane Delhi-Mumbai Expressway augurs more growth and prosperity for Sohna and New Gurugram. As the biggest projects of NHAI, this modern state-of-art expressway will not only provide direct connectivity between Delhi and Mumbai, but also further ease the traffic congestion flowing across the Millennium City. This project will provide a world of opportunities for the millions of people of Gurgaon and Sohna, who will gain new logistical connectivity to the entire Delhi NCR region”.
He further added, “The launch of the Delhi-Mumbai Expressway will have a cascading effect on the property prices in Sohna and New Gurugram. Consequently, the demand in both residential and commercial segments is expected to increase significantly in these regions. With Signature Global properties developed near the Delhi-Mumbai Expressway, we are confident that these appreciating property prices will be leveraged to further attract new prospective homebuyers. We anticipate that social infrastructure developments around the expressway will have a multiplicative effect in bolstering the Indian economic growth story”.
“The Delhi-Mumbai Expressway is expected to boost the real estate sector in Gurugram. The new expressway will provide faster connectivity between Delhi, (from Gurugram Expressway & Sohna on Dausa end) Jaipur and Mumbai, reducing travel time and making Gurugram a more attractive location for businesses and residential development. The improved infrastructure and increased demand for residential properties are likely to attract investors looking for profitable investment opportunities. Additionally, the development of new infrastructure in the region is likely to increase property prices and drive demand for real estate.” – Santosh Agarwal, CFO and Executive Director, Alpha Corp.
