{"id":1120,"date":"2023-02-14T08:12:43","date_gmt":"2023-02-14T08:12:43","guid":{"rendered":"https:\/\/www.homebazaar.com\/news\/?p=1120"},"modified":"2023-02-14T08:12:43","modified_gmt":"2023-02-14T08:12:43","slug":"real-estate-demand-in-delhi-ncr-to-rise-due-to-delhi-mumbai-expressway","status":"publish","type":"post","link":"https:\/\/www.homebazaar.com\/news\/real-estate-demand-in-delhi-ncr-to-rise-due-to-delhi-mumbai-expressway\/","title":{"rendered":"Real Estate Demand In Delhi NCR To Rise Due To Delhi-Mumbai Expressway"},"content":{"rendered":"

Pm Modi will officially open the eagerly awaited Delhi-Mumbai Expressway alongside Union Minister of Road Transport & Highways Nitin Gadkari. The Expressway is anticipated to revolutionise commuting between Mumbai and Delhi and give the local real estate industry a much-needed boost.\u00a0<\/span><\/p>\n

The Expressway is also expected to have a substantial impact on the region’s overall economic development by generating a lot of job opportunities and luring businesses and investors.<\/span><\/p>\n

“The construction of a Delhi-Mumbai Expressway represents a significant milestone for the Delhi & NCR property markets, notably Gurgaon, firmly positioning it as a doorway to the future growth corridor of the country,” stated Vivek Singhal, CEO of Smartworld Developers.\u00a0<\/span>The 1,390-km national highway will open the door for more accessible, resilient, and infrastructure-supported development in the states it traverses. Additionally, it will aid in expanding organised investment prospects into nearby new townships, large-scale logistic parks to support exports and commerce, and business parks and clusters.<\/span><\/p>\n

The Delhi-Mumbai Expressway, which runs for more than 160 miles across Haryana, was also mentioned. This will probably increase demand for commercial and residential real estate, particularly in Sohna, as well as for overall economic growth. Furthermore, Sohna’s perspective as a realty hub would be increased once the anticipated connection to the Jewar airport within Uttar Pradesh is completed.<\/span><\/p>\n

Businesses will find it easier to operate between Delhi and Mumbai thanks to the improved connectivity and shorter travel times, which will raise demand for industrial and commercial properties nearby. The road is also anticipated to give the region’s struggling tourism and hospitality sectors a much-needed boost. Tourists will have more options for where to rest and eat because of the better access between the two cities.<\/span><\/p>\n

The highway is also anticipated to benefit the local logistics sector by speeding up operations and simplifying the movement of cargo between Delhi & Mumbai. As a result, there will be a greater need for warehouses & storage facilities nearby, which will benefit the local real estate market.<\/span><\/p>\n

The motorway is anticipated to give the economy a much-needed boost, create jobs, and simplify travel between Delhi & Mumbai for both individuals and businesses. The highway demonstrates how hard the government of India is trying to upgrade the country’s infrastructure & give its citizens a higher standard of living.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Pm Modi will officially open the eagerly awaited Delhi-Mumbai Expressway alongside Union Minister of Road Transport & Highways Nitin Gadkari. The Expressway is anticipated to revolutionise commuting between Mumbai and Delhi and give the local real estate industry a much-needed boost.\u00a0 The Expressway is also expected to have a substantial impact on the region’s overall […]<\/p>\n","protected":false},"author":2,"featured_media":1121,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31,117],"tags":[89,196,354,64,355],"class_list":["post-1120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infrastructure","category-real-estate","tag-delhi-ncr","tag-mumbai-delhi-expressway","tag-pm-modi","tag-real-estate","tag-real-estate-growth"],"_links":{"self":[{"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/posts\/1120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/comments?post=1120"}],"version-history":[{"count":0,"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/posts\/1120\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/media\/1121"}],"wp:attachment":[{"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/media?parent=1120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/categories?post=1120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/tags?post=1120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}