%20(1)-cdr.png)
Gurgaon, a prominent real estate hub in India, continues to attract investors looking for high returns. Two of the city’s key corridors have emerged as the places for higher returns. Both Dwarka Expressway and Southern Peripheral Road (SPR) present strong ROI potential, depending on the investment choice of the investor. Both of these corridor offers great connectivity, infrastructure, and growth potential making it difficult for the investors to choose one. In this blog, we will compare the pros and cons and the ROI of both Dwarka Expressway and SPR, but first, let’s discuss the demographics of both corridors.
Dwarka Expressway
Dwarka Expressway is a 28.5 km corridor that connects Delhi and Gurgaon via Dwarka in Delhi and Kherki Daula toll plaza in Gurgaon. The corridor also provides an easy alternative route toward IGI Airport, making it convenient for residents, businesses, and International travelers. This Corridor helps divert the traffic on NH48 and reduces congestion during office hours. This expressway offers many new projects and has been developing rapidly from offering 5,000-7,000 housing units pre-pandemic to now offering more than 10,000 units. With new projects coming their way like Emaar Urban Ascent and Elan The Emperor, Dwarka Expressway established itself as a strong foundation for luxury residencies.
Southern Peripheral Road (SPR)
A 16-kilometer corridor connecting Golf Course Extension Road and Sohna Road to NH8, SPR seamlessly connects Manesar and South Delhi, Making it a corridor for premium and luxurious residences. Not only this, SPR provides connectivity to Cyberhub, Udyog Vihar, and IGI Airport making it a prime location for employees and business representatives. With many premium projects on the corridor including Signature Global Titanium and Tulip Crimson, SPR offers a world-class living experience with great connectivity and proximity to all the amenities.
Connectivity and Infrastructure
Features | Dwarka Expressway | SPR |
Proximity to Delhi | Close to Dwarka and IGI Airport | Great Connectivity with Sohna Road and GCER |
Metro Connectivity | Upcoming metro under the metro expansion plan | Connected to the metro through Rapid Metro |
Expressway Access | Direct Access to NH48 and Dwarka | Connects to NH48 via Sohna Road and GCER |
Infrastructure Growth | Elevated roads, Underpasses, and tunnels | Road widening and improved connectivity projects |
Real Estate Price, Trends, and ROI
Dwarka Expressway
Property prices in Dwarka expressway are approximately between Rs. 9,800 to 15,450 per sq ft.
The growth trend has shown a positive shift in rates to around 20-25% in past years.
Major developers are launching their projects like Godrej, TATA, Elan Group, Etc.
The expected ROI Could be about 8-12%.
Southern Peripheral Road (SPR)
Property rates in SPR usually average about Rs.13,350 per sq ft.
The Growth trend speaks about 18-22% appreciation in the last couple of years.
Major Developers like Emaar, M3M, Signature Global, Tulip, etc, have contributed to the infrastructure development of the SPR corridor.
The expected ROI could be 10-14% due to demand of Commercial and residential properties.
Investment Pros and Cons
Dwarka Expressway
Pros
Connectivity with IGI Airport and Delhi.
Well-planned infrastructure and Expressway connectivity.
Upcoming IT and commercial parks, boosting the demand for rental property.
Cons
Project delays have affected the trust of investors.
High property prices in comparison to its surroundings.
Southern Peripheral Road (SPR)
Pros
Growing commercial and residential demand on Golf Course Extension Road.
More affordable option compared to Dwarka Expressway.
Great connectivity with rapid metro, GCER, and Sohna Road.
Cons
Traffic congestion issues in parts of this corridor.
It is still developing in high-end retail and office space.
Which is Better For Investment
Both Dwarka Expressway and SPR offer strong appreciation potential, The choice depends on your financial capabilities and investment goals.
If you are seeking long-term gains with premium pricing, Dwarka Expressway is the better choice, especially with the post-infrastructure development.
If you are looking for Fast Returns and an established ecosystem, SPR is the right choice, especially given the high demand for commercial hubs.
Final Verdict
For investors looking at luxury & long-term appreciation, Dwarka Expressway holds immense potential. However, SPR is more appealing to those seeking balanced growth, rental demand, and affordability. Given the rapid development in Gurgaon, both corridors remain lucrative for investors in 2024 and beyond.
Are you planning to invest in Gurgaon? Let us know your thoughts or get in touch for expert advice!
Source: Financial Express
Comments