News by tag news
Real Estate Impact Of Delhi- Mumbai Expressway
The eagerly awaited Delhi-Mumbai Expressway, which is anticipated to revolutionize transportation between Delhi and Mumbai, would give the local real estate sector a much-needed boost. The highway is anticipated to affect the economic development of the area, create job opportunities, and draw in businesses and investors.
The highway was built with top-notch technologies, such as RFID tags, automatic toll collection, and CCTV monitoring, that will make travelling simpler and safer while also cutting travel times by roughly six to eight hours. Therefore, as more and more people choose to relocate there, the demand for both residential and commercial properties will increase.
Sohna Road and Dwarka Expressway in Gurgaon have emerged as the top performing real estate markets in NCR, with an appreciation of 19% and 14%, respectively, in the average property prices since 2013.
Repair work has begun on a sinkhole that appeared on the Sohna elevated road in Gurugram. The sinkhole was caused by a collapsed sewage drain. It will take several days to fix.