A lot of companies are advertising for property citing nearness to Dwarka expressway corridor.

Shilas, Indiabulls Centrum Park and Ramprastha Edge Tower come to mind.

Does anybody have news on when this construction will start and when it is likely to finish? Has the contract been awarded and to whom?
Date of completion and start of operation will be vital news for evaluating the pricing of flats sold in this corridor.

Last I heard was that a few houses in Palam Vihar were slated for demolition for this expressway in May June 09 or thereabouts.
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  • ector Dwarka Expressway Sector 109 today,

    1. Went from Dwarka to Bajghera to Sector 109, tried this route for the first time, it is better than going to Dwarka Expressway from Gurgaon, shorter and better roads.

    2. Overall, I think Dwarka Expressway will take about 5-6 years to be livable, but at the same time, I feel that the Quality of roads and apartments will be the best in class. 10 years from now, I think not many would be able to afford an apartment in Dwarka Expressway.

    3. I am in investor in Chintels Serenity. A disappointment in sector 109 that I found was too many constructions in a very small piece of land. There is Rahejas (2-3 projects), Sobha, Chintels (2 projects), ATS ( 2 projects), Lumbini, Michael Schumacher World Tower etc in just one sector. I saw that there was no space left for greenery and connecting roads.

    4. Went through some connecting roads, liked them and thought that if connecting roads are so good, the main Dwarka Expressway would be even better.

    Finally, I just hope that Dwarka Expressway turns out to be a marvelous place to live in future, better than the DLF phases and Golf Course roads....fingers crossed
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  • Hello Nitin Verma Ji,

    Great news regarding sector roads being so good.
    Just a query, whilst passing thru Bajghera, you would have passed by Sectors 112-113-114 etc. thru TATA Gurgaon Gateway, 114 Avenue etc How do you find connectivity of 114 Avenue and TATA Gurgaon Gateway from Dwarka?
    Please advise.

    Thanks and Regards
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  • Yes Gupta ji,

    They were on the way. They are closer to Dwarka than sector 109.
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  • No toll for Gurgaon vehicles at Kherki Daula - The Hindu


    This sounds promising, why gurgaon vehicles pay toll if already payed road tax, registrations etc.
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  • Originally Posted by agvinod
    No toll for Gurgaon vehicles at Kherki Daula - The Hindu


    This sounds promising, why gurgaon vehicles pay toll if already payed road tax, registrations etc.

    This is only for commercial vehicles?
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  • DEW, is right now, your best Investment option to play the Risk, Reward Game.

    In theory, we look at two possible outcomes :

    1. DEW getting Delayed by 2 years : The present Prices for ReSale in DEW have already factored in the Delay.

    As projects move towards RTM, people will find ways and means to reach their homes, from the Present Road Network.

    It may take 2- 4 Kms of Detour, but Most of us are used to travelling a little bit Extra... Hence, its quite conceivable that people will start shifting to DEW projects in either Rental basis, or ownership basis, before completion of DEW.

    This shall also put some pressure on authorities to complete DEW.

    2. DEW Gets Completed by 2015 :

    As litigation is on weak grounds, and there is more noise than Substance, its expected that Courts will give clear direction to the Litigants to accept the Compensation, as it has happened in NAVI MUMBAI Airport Case recently.

    Once that happens, almost 70-80% litigants would accept the compensation, as they understand that delays won't benefit them.

    In this scenario, DEW will be the Best Option for Middle Income People looking for decent Accommodation.

    The rates shall rise by 1,000 - 2,000 PSF on such positive developments.

    Hence, take your position NOW.

    It's Negligible DOWNSIDE and 30-40% UPSIDE in next 2 years.

    RISK FREE. :)

    RAM
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  • Really like your use of the term risk reward game. Investing in real estate is indeed a gamble. But to win big, you need to think big :)
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  • Originally Posted by RAMRATAN74
    DEW, is right now, your best Investment option to play the Risk, Reward Game.

    In theory, we look at two possible outcomes :

    1. DEW getting Delayed by 2 years : The present Prices for ReSale in DEW have already factored in the Delay.

    As projects move towards RTM, people will find ways and means to reach their homes, from the Present Road Network.

    It may take 2- 4 Kms of Detour, but Most of us are used to travelling a little bit Extra... Hence, its quite conceivable that people will start shifting to DEW projects in either Rental basis, or ownership basis, before completion of DEW.

    This shall also put some pressure on authorities to complete DEW.

    2. DEW Gets Completed by 2015 :

    As litigation is on weak grounds, and there is more noise than Substance, its expected that Courts will give clear direction to the Litigants to accept the Compensation, as it has happened in NAVI MUMBAI Airport Case recently.

    Once that happens, almost 70-80% litigants would accept the compensation, as they understand that delays won't benefit them.

    In this scenario, DEW will be the Best Option for Middle Income People looking for decent Accommodation.

    The rates shall rise by 1,000 - 2,000 PSF on such positive developments.

    Hence, take your position NOW.

    It's Negligible DOWNSIDE and 30-40% UPSIDE in next 2 years.

    RISK FREE. :)

    RAM


    Risk free okay some data for dew

    Inventory status of DEW projects ( 36xx, 37xx, 99-114 ) :

    1. Number of Projects : 70
    2. Total acres : 1100 acres - whopping
    3. Estimated number of apartments : 55000
    4. Number of affordable housing : 10
    5. acres of affordable housing : 55 acres
    6. affordable housing apartments : 9900

    Total apartments ( minimum ) : 64900

    With 65000 apartment inventory in DEW expected , one can clearly appreciate how much of upside is really possible.

    This does not include the plots which are over and above these . The numbers are pretty high by any standards and are staring at your face .

    One needs to discuss seriously about issues like :
    1. Job opportunities
    2. Retail
    3. Hospitals
    4. entertainment options
    5. schools
    6. sub stations
    7. IT Parks/ SEZ
    8. 5 star Hotels

    etc. etc.

    For how many of these the work has even started , how many are in advanced stages, how many are just being planned.

    Discussions should move to these aspects also besides connectivity as it is these which will define how quickly the sector become livable.
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  • Kinjalchato,
    I agree with your above points,but connectivity right now is very important for this sector.
    Then rest of your 8 points you mentioned will follow.
    Lots of commercial projects are in pipeline,but due to incomplete infrastructure nothing is moving forward.
    This is the irony of our country.
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  • Originally Posted by Khalsa
    Kinjalchato,
    I agree with your above points,but connectivity right now is very important for this sector.
    Then rest of your 8 points you mentioned will follow.
    Lots of commercial projects are in pipeline,but due to incomplete infrastructure nothing is moving forward.
    This is the irony of our country.

    Think greater Noida. Connectivity is in place but there is no significant progress on the other 8 points, especially job opportunities in the vicinity. And it is a ghost city
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  • Originally Posted by jusjus
    Really like your use of the term risk reward game. Investing in real estate is indeed a gamble. But to win big, you need to think big :)


    Thanks. Risk can be managed if we have the ability to play the game and makes sense of Data.

    :)
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  • Kinjal,

    In case of DEW, the Major Advantage is, that with Connectivity all of the 8 Problems you mentioned will be automatically Solved.

    One End of DEW leads you to DELHI and the DELHI AIRPORT. That means people working in Aviation and Hospitality Industry, will find it convenient to stay here.

    Other end of DEW leads to INDUSTRIAL BELT of IMT Manesar, the best Industrial township with 1000s of Companies in vicinity.

    IT / BPO in Gurgaon will also be very close by from Bajghera Side of DEW.

    Note that 18 Kms of Expressway means travel time to anywhere on either side will be only 15 MINUTES.

    Airport is the new Hive of Commercial Activity. And DEW sectors will be within 30 minutes of Airport.

    I am positive that once you Basic Connectivity, everything else will fall in place.

    :)
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  • These numbers are nothing. These days each individual is holding two to three properties. Just consider number of expats living in World

    Sent from my GT-I9190 using Indian Real Estate Forum mobile app
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  • Originally Posted by RAMRATAN74
    Kinjal,

    In case of DEW, the Major Advantage is, that with Connectivity all of the 8 Problems you mentioned will be automatically Solved.

    One End of DEW leads you to DELHI and the DELHI AIRPORT. That means people working in Aviation and Hospitality Industry, will find it convenient to stay here.

    Other end of DEW leads to INDUSTRIAL BELT of IMT Manesar, the best Industrial township with 1000s of Companies in vicinity.

    IT / BPO in Gurgaon will also be very close by from Bajghera Side of DEW.

    Note that 18 Kms of Expressway means travel time to anywhere on either side will be only 15 MINUTES.

    Airport is the new Hive of Commercial Activity. And DEW sectors will be within 30 minutes of Airport.

    I am positive that once you Basic Connectivity, everything else will fall in place.

    :)


    so what you are saying is that DEW sectors does not need any social infra because it has DEW and that solves all the problem, if this is the premise then it is a weak premise. No micro market can evolve without a matured ecosystem comprising all the 8 .

    why would someone working in manesar look at DEW, they will have new Gurgaon. ITES/BPO cluster is in cybercity/ sohna road/ GCR, try commuting through Palam Vihar and udyog vihar to reach there.

    when NH8 was developed it was said airport will take 10 minutes from Rajiv chowk :D:D,

    GN with brilliant connectivity is zilch as pointed out by someone.

    and someone made an argument inventory does not matter, are we serious. This inventory is calculated with normal FAR, with so many projects getting impacted due to new FAR norms , the inventory will probably be the highest amongst any micro market of Gurgaon, which is extremely unhealthy.

    I am sure that DEW social infra is being developed and people should discuss that as well, Try selling DEW to an end user telling him that you do not need social infra kyonki DEW aane wala hai na, you will reach anywhere in 10 minutes and then hear his reaction :D
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  • Originally Posted by kinjalchato
    Risk free okay some data for dew

    Inventory status of DEW projects ( 36xx, 37xx, 99-114 ) :

    1. Number of Projects : 70
    2. Total acres : 1100 acres - whopping
    3. Estimated number of apartments : 55000
    4. Number of affordable housing : 10
    5. acres of affordable housing : 55 acres
    6. affordable housing apartments : 9900

    Total apartments ( minimum ) : 64900

    With 65000 apartment inventory in DEW expected , one can clearly appreciate how much of upside is really possible.

    This does not include the plots which are over and above these . The numbers are pretty high by any standards and are staring at your face .

    One needs to discuss seriously about issues like :
    1. Job opportunities
    2. Retail
    3. Hospitals
    4. entertainment options
    5. schools
    6. sub stations
    7. IT Parks/ SEZ
    8. 5 star Hotels

    etc. etc.

    For how many of these the work has even started , how many are in advanced stages, how many are just being planned.

    Discussions should move to these aspects also besides connectivity as it is these which will define how quickly the sector become livable.



    all that 65000 supply is not coming in a single go, its 10-15 years at least. right now we are 1-2 years away from first 1000 apartments in the stretch
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