Dwarka Expressway is the new growth engine of the Millennial City, Gurgaon. Also called the New Gurgaon region, there is a tremendous spotlight on the region, which has further increased in the wake of the completion of the 8-lane expressway.
The overall region comprises micro markets of 73-95 and 102-113 near the coveted expressway, built under the Bharatmala project. There is a visible growth in investments in housing projects, infrastructure development, business parks & commercial centers, malls, industries & warehouses, etc.
Meanwhile, 360 Realtors, India’s leading Institutional Channel Partner (ICP), has released a new report, mentioning the top-performing micro markets of the Dwarka Expressway.
Also Read: How to build wealth through real estate investment
“Our new report talks about the five top-performing micro-markets in the region. The research will offer practical and valuable insights and information to home buyers, investors, as well as other institutional entities who are contemplating investments in the region.” said Ankit Kansal, MD, 360 Realtors.
As per the research by 360 Realtors, the top 5 performing micro markets in the region are Sec 83, 88, 91, 99, and 104. These micromarkets have been identified across a range of factors such as 5-year price trends, last 12 months’ price growth, existing supply lines & future pipelines, etc.
Amongst these five, the fastest ones are sec 83 and 91. Average property prices have risen by 24.4% and 19.9%, respectively, over the past 12 months.
Sector 91 is situated across the Dwarka Expressway and is at an approachable distance from Dwarka in Delhi as well as employment hubs in Gurgaon such as Cyber Hub, Udyog Vihar, GCR, etc. The region is party to a thriving