In Gurgaon, there is always a threat of getting stuck in a traffic jam. The main reason for this is the fact that the roads are built after the houses have been planned. Whatever space is left is adjusted to become the roads. When some administrators began to think differently to reduce the traffic from the Delhi - Gurgaon Expressway, they decided to build the North Peripheral Road, which is more commonly known as the Dwarka Expressway. The land has been acquired and a portion of the work done but because of the stay order got issued by the inhabitants of the areas from where it crosses, the whole project could become a flop.

Expectations from the project

The expectations from the project were that it would provide much needed relief to the traffic congestion ridden Delhi - Gurgaon expressway and connect the city with the much expected SEZ of Reliance, which has got cancelled and withdrawn by the group. It would also have provided connectivity with the cities of Delhi and Gurgaon in equal measure. Connecting the expressway with the NH 8 would mean that it would also be connected to the major industrial cities of the north and the west of India. Additionally, there are also advantages of travelling directly on the Yamuna Expressway through this if so inclined.

Investment opportunities

For all those who are always on the lookout for a good investment opportunity, this is worth a look over. There are many residential projects in Dwarka Expressway which have been developing, though some have been stalled because of the stay in the constructions. With the increased connectivity and investment opportunities, there will be no other to match it when the work resumes. It is expected to be cleared up very soon and once that happens there is every chance of the prices going high like no tomorrow. The developers have already incurred a lot of losses and many investors are pulling back from their commitments.

Industrial Outlook

Apart from the real estate boom expected there is also an increase of the other peripherals, in the works. When the work resumes many IT and ITES industries are to be making their offices here. There is a lot of scope for the urban and commercial development of the region and some of that has actually begun to work. Looking at the amount of growth that is happening in the adjoining areas, it is not hard to imagine that the growth will be even more here as it is going to be so well connected.

Real estate is currently focused on regaining the losses incurred; in this process, the land is becoming quite pricey. The main reason why the professionals from the adjoining industrial areas were so keen on buying homes for themselves was the low cost, but now with the hike in prices creeping in, there are chances that they may have to let their dreams go, if the work doesn't even happen. As much as time elapses no amount of sweetener will be able to pull back the skittish investors who have already burned their fingers once.