You must have heard about the Dwarka and Noida Expressway, the two most famous thoroughfares in the Delhi NCR region. These highways adjoin some of the most famous cities by providing better connectivity and infra. With the opening of these main highways, real estate prices are soaring up due to its proximity to the area.
Homebuyers in search of properties for sale can get a high rate of returns, including some of the best options available near these highways. But, many buyers get confused while picking between the two main expressways for investment.
For this, we will be giving a detailed comparison of Noida Expressway Vs. Dwarka Expressway. If you are someone looking to invest in these areas, make sure to take a quick glance over this blog.
It’s a long six-lane highway of 24.53 km connecting Noida to Greater Noida. As an industrial hub (Noida) offer better progressions to Greater Noida via this highway. It is on the way to transform as a developed market for the best residential properties in Noida, including robust social and sound retail infra. Some notable commercial properties are at the sideways like Bhutani Alphathum & Bhutani Grandthum, Advant Navis Business Park, Unitech Infospace, Special Economic Zone, and Lotus Business Park.
Jewar International Airport and Delhi Metro Aqua Line in 2019 are the chief cause after the place advantage. Further, Fim city and Furniture Park are some of the vital landmarks in the area. It has won good repute for its easy connectivity with Sector 52 and other sectors of the cityto the depot metro station.
It is an 8-lane highway of 27.6 km long, which serves as an alternative to the Gurgaon and Delhi route. It connects Delhi (Mahilapur) to Kherki Daula in Gurgaon. It reduces traffic congestion which makes the route hard to travel. The main highlight is the direct link to IGI Airport, which has made the residential property price in Dwarka Expressway high. With the new upcoming projects of Metro that will link the Gurgoan main areas, this area will surely get good price appreciation. New lines are Huda City Centre to Sector 23 through Subash Chowk, Dwarka Expressway and Huda Chowk.
Noida is a strategic city with robust civic infra. At places, the infra is still developing but at a fast pace. At first, the Development Authority laid out the infra plan then gave land to builders for residential & commercial properties in Noida development.
Yet, builders first acquire the land in Gurgaon, and then the authority starts the civic plan. Ineffective planning thus led to sewage and clogging issues.
Similarly, Noida Expressway is fully developed, but Dwarka Expressway is yet to get finished. Having said this- the construction work may take years before it becomes operational. The work is divided into five plans, Delhi Government has approved the second plan in August 2019. So, you can take a glimpse that it may take years to end this project.
Also, the occupancy rates in Noida Expressway are way less than its counterpart. It becomes the prime cause of people choosing the latter one for occupancy. As security and safety is the main issue why people don’t opt for Dwarka expressway since the properties are getting delivered just a few ways back.
Dwarka expressway has more than 200 projects, out of which only 90 are residential projects. Up to 20% of the projects get delivered for possession, and only 30% are RERA approved projects.
Here, new projects in Noida are coming by times and most of them get delivered on time. Plus, 40% of residential projects in Noida are RERA registered which include many big developers name. These names include Bhutani Group, ATS, Godrej and many more. Hence, people tend to buy more in Noida; as many RERA registered projects in Noida are ready.
Price & Return Appreciation:
Best residential properties in Noida are way less cheap in terms of rent and buying. While its counterpart is slightly expensive. Despite the fact, it is well-connected with the metros, airports, Delhi, and other NCR parts- you get properties for sale in Noida that are available at a way less price. Noida Expressway property rates tend to cause the least impact on the buyer’s pocket.
The projects available in sectors like Sector 143, 137, 104 100, 107, and 168 at Noida Expressway offers a starting price of INR 4,500-6,000 per sq. ft. So you get way less priced best residential properties in Noida while its counterpart offers INR 5000- 7000 per sq. ft. Also, some of the best commercial projects in Noida has the least rental price and affordability. Noida expressway property rates are thus, offer a great deal.
RENTAL & BUYING PRICE OF PROPERTIES COMPARISON
Average Property Prices (PER SQ. FT.)
Average Rental Price ( 2BHK )
INR 10,000- INR 12000
INR 12000- INR 15000
Where to Invest?
Considering the factors like the Noida Expressway property rates, availability, and connectivity: Noida is the win-win choice for investors.
Hence, it is safe to say the Noida expressway scores more on the livability index than the Dwarka Expressway.
The Dwarka Expressway is a great option to invest yet the under-construction has left the homebuyers at the edge. So, if you are heading to buy properties for sale in Noida, you surely are investing in the right place.
Here are some of the best residential projects in Noida & the best commercial projects in Noida located near the expressway where you can safely put your investment:
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