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Office completions saw remarkable growth, escalating by 185 per cent YoY to 13 mn sq ft in Q1 2024, largely due to the unusually low volumes seen in the base period of Q1 2023.
Dwarka Expressway Inauguration: The inauguration of the Dwarka Expressway by Prime Minister Narendra Modi is expected to boost realty prices in the region, particularly in Gurgaon. Developers, including Sobha, Raheja, Signature Global, M3M, Godrej, and Hero Realty, have projects along the corridor. The completion of the expressway is anticipated to reduce unsold inventory levels and drive demand in the region.
Dwarka Expressway: Experts anticipates that prices of properties and land parcels located in sectors along the elevated corridor may see an uptick of around 10-15 percent in next few months after the opening of the facility. The expressway will not only reduce the travel time between Delhi and Gurugram but also give a boost to real estate opportunities along the corridor
The inauguration of the Dwarka Expressway by Prime Minister Narendra Modi is expected to boost realty prices in the region, particularly in Gurgaon. Developers, including Sobha, Raheja, Signature Global, M3M, Godrej, and Hero Realty, have projects along the corridor. The completion of the expressway is anticipated to reduce unsold inventory levels and drive demand in the region.