NHAI’s twin projects to boost Gurugram’s realty market

FNG

In a move that is expected to decongest the National Capital and give a much-needed impetus to the housing demand of Gurugram’s realty market, the National Highways Authority of India (NHAI) has decided to work on two major infrastructure projects involving the National Highway 8.

Under its first assignment, a 79-km-long Urban Extension Road (UER) – 2 is planned to connect NH 8 near Mahipalpur in South Delhi with NH 1 near Narela in Northwest Delhi. Also, construction of Delhi-Panipat and Delhi-Alwar Regional Rapid Transit Systems (RRTS) along NH 1 and NH 8 has received the approval of NHAI.

For the second infrastructure project on NH 8, NHAI has planned to build a trumpet junction between Dwarka Expressway and NH 8, which is projected to pave way for the heavy traffic flow between Gurugram and Delhi. This proposed junction will be linked with a cloverleaf coming up from the NH 8, connecting it with the Southern Peripheral Road (SPR). The two interchanges are estimated to be built around 2 km before the Kherki Daula or the Manesar toll on NH 8. With this roadway, commuters will gain access between SPR and Dwarka Expressway without intersecting the NH 8. With the implementation of these two projects, this belt will become one of the busiest belts in the near future.

These infrastructural projects will greatly help decongest the National Capital and add value to the properties falling across NH 8 and Dwarka Expressway. Once these projects are operational, NH 8 will observe a higher footfall which will pave way for better housing demand in the regions. Avenues for investment will open up as the development of such scale will promote capital appreciation in the long run.

These two projects by NHAI, however, will act as a catalyst for the upcoming housing demand along NH 8 and Dwarka Expressway!

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