Dwarka, a well-known sub-city in southwestern Delhi, has witnessed rapid development over the past few years. Dwarka has emerged as the latest realty hotspot among its various sectors with its sound connectivity, visibility, availability of robust infrastructure, and vital amenities. This sector has become an attractive destination for real estate developers.
The sector has a well-planned layout, with wide roads, ample parking spaces, and green spaces. These factors contribute to the overall livability of the area and make it an attractive investment opportunity for developers.
Mohit Goel, MD, Omaxe Group, says, “We see immense potential in this region. With its excellent connectivity, robust infrastructure, and availability of vital amenities, we envision creating a world-class real estate project that offers a luxurious and comfortable experience to customers and investors. Till now, Dwarka was seen as a micro-market only for the middle-class segment. However, it is developing as a sought-after destination for upper-class buyers as well with the advent of sound projects. Considering the potential of this emerging hotspot, we are keen on creating innovative residential and commercial complexes in the section to cater to our customers’ needs.”
Dwarka boasts of excellent connectivity to prominent areas of Delhi and the National Capital Region (NCR). The sound metro connectivity and well-maintained roads make commuting to and from this sector convenient for residents. This has added a significant advantage to the region’s real estate market. As a result, the demand for residential, commercial, and retail projects in this sector has increased exponentially.
“Dwarka is becoming a prominent real estate hub, not just in Delhi but the entire NCR region. It was developed in the 80s and 90s as a sub-city of Delhi alongside Rohini and Narela. However, poor physical infrastructure and civic amenities marred its growth. In the mid of 2000s, things started to change with the advent of the metro line. Over the past 5-7 years, things have further changed with a visible momentous shift in Dwarka,” says Ankit Kansal, MD, 360 Realtors.
“There are plenty of shopping centres and multispeciality hospitals, making Dwaraka a self-sustainable hub. Work has begun in the 25,000-crore International Convention center, which will be one of the largest in Asia. Near the convention center new business parks, IT parks, hotels, and retail arenas will be developed. Meanwhile, work is also going on developing swanky golf courses, diplomatic enclaves, eco-parks, and football stadiums” adds Kansal.
Surender Kaushik, MD, Aryan Realty Infratech Pvt Ltd, says, “Dwarka’s emergence as a realty hotspot is truly remarkable. The development of unique commercial projects caters to the growing needs of businesses in the area. The sector’s strategic location and the availability of strong infrastructure make it an ideal destination for aspiring entrepreneurs. The sector is surrounded by other well-developed sectors of Dwarka, which have already witnessed tremendous growth.”
The presence of vital amenities in Dwarka has also played a crucial role in its emergence as a real estate hotspot. The sector offers easy access to schools, hospitals, shopping centres, entertainment facilities, and recreational spaces. With its sound connectivity, visibility, robust infrastructure, and vital amenities, Dwarka has become a sought-after real estate destination. As renowned developers enter the region with innovative projects, the sector is expected to witness further growth and become a symbol of modern urban living in the capital city.