With an array of infrastructure projects transforming the National Capital Region (NCR), areas like Dwarka, Dwarka Expressway, and the Yamuna Expressway are rapidly emerging as prime real estate hotspots. According to JLL’s Delhi-NCR Residential Market Update H1 2024, NCR has led the luxury residential launch segment in India, driven by enhanced connectivity and strategic investments in these locations. This infrastructure wave is elevating both residential and commercial markets, drawing investors and homeowners seeking dynamic, accessible lifestyles.
Report Highlights: A Catalyst for Growth
JLL’s report underscores the crucial role of infrastructure in driving NCR’s property boom. Significant developments, such as new expressways and extended metro links, have dramatically increased demand and property values in key corridors. The report highlights how the Dwarka Expressway has become particularly appealing for urban dwellers and investors, thanks to its reduced commute times to Delhi’s central business districts.
Meanwhile, the Yamuna Expressway has gained popularity as a prime investment destination, boosted by its proximity to major economic zones and the ongoing construction of the Noida International Airport. Similarly, the Delhi-Mumbai Expressway is expected to enhance real estate values along its route, further integrating NCR’s growth with broader national corridors, making it a strategic area for future development.
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Industry Leaders Back Transit-Oriented Growth
Developers are increasingly focusing on transit-oriented projects. Improved connectivity has not only elevated property values but has also set a benchmark for upcoming projects. The transit-oriented development has expanded NCR’s real estate from commuter hubs to lifestyle centers, with buyers drawn to areas offering easy access to employment hubs and urban amenities.
Beyond Connectivity: Creating Self-Sufficient Lifestyle Hubs
The report reveals that new infrastructure isn’t only reducing travel times; it’s fostering self-sufficient, sustainable communities. Developers are creating integrated housing projects with in-built amenities like shopping complexes, schools, and healthcare centers.
Manish Jaiswal, Group COO, Eldeco Group, says, “With the rising demand for luxury living in Delhi-NCR,
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