Summary On Dwarka Expressway By Innovative Hometech Pvt Ltd
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Northern Peripheral Roador commonly known asDwarka Expresswayis being developed under the public private partnership (PPP) model. This stretch will connectDwarkawith National Highway 8 at Kherki Dhaula and will pass Pataudi Road. The NPR stretch has been planned as an alternate link road between Delhi and Gurgaon, and is expected to ease the traffic situation on the Delhi-Gurgaon Expressway. The road was to have provided connectivity to the much-touted Reliance-HSIIDC SEZ besides the Garhi Harsaru dry depot,but the Reliance SEZ has now been cancelledin the latest Masterplan 2031 of Gurgaonand the land allocated for residential, commercial & institutional projects.
Much likeDelhi,Gurgaontoo will have a BRT corridor to decongest traffic on the Northern Peripheral Road. In several sections, the NPR will have provisions for theBusRapid Transit (BRT)corridor to ensure smooth flow of buses. The road will be fully developed in March 2017, if pending litigations can be resolved.
Prices on Dwarka Expressway have soared from 4000 PSF for builder flats to 6000 PSF. DEW area was being contended as the highest rate of return giving area by Real Estate consultants, but now prices and transactions have stalled.