Delhi-Mumbai Expressway to Increase Demand for Housing and Commercial Spaces

Delhi-Mumbai-Expressway-A-boon-for-Delhi-NCR’s-real-estate-market

The Delhi-Mumbai Expressway has been touted as a significant development in the infrastructure and economic growth of India. The expressway is a proposed 14-lane expressway connecting India’s capital city, Delhi, to its financial hub, Mumbai. This expressway is significant because it is expected to reduce the travel time between the two cities to just 12 hours, compared to the current travel time of over 16 hours by road. The expressway will also have a positive impact on the economy and infrastructure of the Delhi-NCR region, as well as the entire country.

The new expressway is expected to reduce travel time between the two cities and create numerous job opportunities, making it an attractive destination for businesses and investors. The increased demand for both residential and commercial properties in the surrounding area is likely to boost the real estate market, particularly in Sohna and Gurugram in Haryana.

One of the most important benefits of the Delhi-Mumbai expressway is the reduction in travel time between the two cities. The expressway will be built to meet international standards, with smooth and well-maintained roads, minimal traffic disruptions, and state-of-the-art facilities. This will make it possible for people to travel between Delhi and Mumbai in just 12 hours, compared to the current travel time of over 16 hours. This reduction in travel time will be a significant boost for the economy, making it easier for people to do business and trade between the two cities.

Vivek Singhal, CEO of Smartworld Developers, referred to the Delhi-Mumbai Expressway as a “watershed moment” for the Delhi-NCR real estate market. He believes that the expressway will provide systematic investment opportunities for business parks, large-scale logistics parks to promote exports, and new townships in its proximity. Additionally, the expressway is expected to boost the tourism and hospitality industries in the area, attracting more people to live and work there and driving demand for real estate even higher.

see also – Commercial Real Estate Market India: Types & Trends

In Sohna and Gurugram, the Delhi-Mumbai Expressway’s launch is expected to significantly impact the property market. Pradeep Aggarwal, Founder & Chairman of Signature Global (India) Ltd, stated that the demand in both residential and commercial segments is expected to increase significantly in these regions. Amarjit Bakshi, CMD of Central Park, sees Sohna as an entry point of the expressway, which will serve as a pivot town for economic activities and a prominent real estate destination.

The improvement in transportation facilities that the Delhi-Mumbai Expressway brings is another factor that is expected to positively impact the real estate sector. The project will generate new job opportunities and restore economic growth, which will result in increased housing and commercial space demands. Due to the improvement in transportation and infrastructure facilities, it will catch the attention of developers and investors thereby enhancing the real estate industry.

To put it simply, the Delhi-Mumbai Expressway is expected to have far-reaching impacts on the economy and infrastructure of India. The reduced travel time and increased job opportunities make the region an attractive destination for businesses and investors. The increased demand for residential and commercial properties is expected to boost the real estate market, particularly in Sohna and Gurugram. The improvement in transportation facilities will make the region even more appealing to investors and developers. 

Haokip A creative writer who is always looking for new ideas and innovative solutions to problems. Also, a big believer in sustainable fashion and a pro-thrifter. If not at work, you'll probably find him thrifting at Sarojini Nagar Market and secondhand shops. A Swiftie and a Blink at heart, Seikhohao romanticises his daily metro ride by listening to sad songs.
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