It is also slated to be completed by October 2026, the Haryana Government’s ambitious mixed-land-use project, Global City Gurugram. The residential and commercial complexes come with high-street retail spaces, Special Economic Zones (SEZs), high-tech industrial spaces, plotted development, and self-sufficient and inclusive social infrastructure is also expected to ramp up investment in Dwarka Expressway. It was also built as an integrated township across 1080 acres in Sector 36B, 37A, and 37B along the suburbs of Dwarka Expressway.
The project comes endowed with a futuristic and smart city with a jogging park, gymnasium, and multi-purpose. Lush green spaces, exquisite water bodies, and spacious roads. The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), is a state-owned body that has also an onus to develop the multi-crore central business district. It has also ensured the first phase of its construction after allocating rs 940 crore tender for building roads and other infrastructural facilities like electricity and water supply. This Global City Gurugram is also poised to be a key development for the Delhi-Mumbai Industrial Corridor (DMIC) with an investment potential of close to $15 billion.
Dwarka Expressway is still in the final stages of construction. It also has a hot real estate property hub with tons of well-known developers starting to invest and develop projects in the region. The Global City is also billed as one of India’s biggest townships. This also gives a one-of-a-kind state-driven investment that is likely to bring favorable returns for any investor having the desire to buy property in Dwarka Expressway. It also has infrastructural connectivity that will see a tremendous upshift with the advent of interstate and intercity bus terminals and an integrated multi-modal transit hub which are being built close to Global City, according to industry sources.
Luxury real estate is at the peak of its development in Gurugram. The Dwarka Expressway is seeing an investment bloom, and real estate developers are of the view that the state-led Global City Gurugram will only add up to the investment galore in the sub-city. Talking about the same, Vikas Garg, Joint Managing Director, Ganga Realty said that the Dwarka Expressway has also become a colossal luxury real estate. Moreover, the Global City Project is going to help in amplifying and increasing investments in the region”.
Not only Dwarka Expressway, but other nearby residential zones are going to prosper as Global City. It is strategically connected to Dwarka Expressway, NH-8, Gurgaon-Faridabad Road, and the upcoming DMIC, Golf Course Extension Road underpins vibrant residential and commercial developments with luxury independent floors emerging as the favorite investment category of homebuyers.
Saransh Trehan, Managing Director, Trehan Group commented, the independent floors of late have also most developed housing category in Gurugram with new corridors like Golf Course Extension witnessing intensive development, this is also attributed to the overflowing demand with home buyers swayed away by the several long-term upper-hand advantages associated with it such as higher resale capacity, lower maintenance value, high property price appreciation, and eco-friendly merits like lower pollution due to low-density occupation. Due to its strategic location, strong infrastructural connectivity, and the plethora of ready-to-move-in properties, Golf Course Extension Road has also come with the real estate market in Gurugram.
