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DELHI – MUMBAI EXPRESSWAY TO BOOST DELHI NCR’S REAL ESTATE SECTOR

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natasha rajput
DELHI – MUMBAI EXPRESSWAY TO BOOST DELHI NCR’S REAL ESTATE SECTOR

It is safe to say that the Indian government is determined to improve infrastructure facilities for people, ultimately leading to a higher quality of life. The proof of the Indian government’s determination lies in the recently developed Delhi-Mumbai Expressway, which is the country’s longest highway with a total length of 1390 kilometers. 

Many believe it to be a massive milestone in the history of India that will help the country’s economy grow exponentially by boosting the real estate sector of the region and attracting foreign investments from different parts of the world. 

Needless to say, the evolution of new businesses will create numerous employment opportunities for Indians, allowing them to make significant changes to their lifestyle.


READ MORE: WHY SHOULD I BUY OFFICE SPACE IN NOIDA? 


Outcomes of Delhi-Mumbai Expressway 

Not only is the Delhi-Mumbai Expressway the longest highway in India, but it is also a technologically advanced one that guarantees the safety of travelers. 


For starters, the expressway has various helpful features such as automated toll collection, CCTV monitoring, and RFID tags. These advanced tools and systems are installed to make travelers feel safe on the newly designed road. 

In addition to this, automated toll collection also adds convenience to the lives of travelers since they would no longer need to wait in long lines to get toll passes. 


Previously, the transit time between Delhi and Mumbai was 18 to 20 hours. However, the travel time is now reduced to only 12 hours due to the construction of the Delhi-Mumbai Expressway. This is another characteristic that helps people save a significant amount of their precious time. 


Source: brecorder


As a result, the demand for residential and commercial properties in the region is expected to grow massively. Every state through which the new Expressway passes will enjoy these benefits. 

For instance, the Delhi-Mumbai Expressway has a 160-km-long stretch through Haryana. Experts suggest that this will fuel the area’s economic growth while increasing the demand for commercial and residential houses, especially in Sohna. 


Furthermore, the reduced travel time means businesses can easily operate between two of the biggest cities of India. This is another factor that points toward promising growth in the regional real estate sector in the coming months. 


Apart from the real estate sector, the tourism and hospitality industry will also benefit from the Delhi-Mumbai Expressway. Tourists can now travel between the two cities in a seamless manner. Plus, they are likely to be able to easily visit and explore the surrounding areas while having increased options to eat and stay. 


Don’t forget that the new Expressway will aid the transportation of goods between Delhi and Mumbai, resulting in an increased demand for properties to build factories, storage spaces, and warehouses. 


The increase in demand will also lead to higher prices of properties, which will prove beneficial for real estate owners in Delhi NCR, Mumbai, and surrounding areas. 


The Delhi-Mumbai Expressway is about to revolutionize people’s lives in every way by improving connectivity between multiple areas. The growth of the real estate sector in Delhi NCR, Mumbai, and other connecting places will skyrocket very soon. Moreover, the Expressway will help in creating investment opportunities, contributing to countless new job openings and a rise in the country’s economic growth. 


Conclusion 

To conclude, the Delhi-Mumbai Expressway will not only boost the real estate sector in Delhi NCR but also that of its surrounding areas. For those of you wondering, Prime Minister Narendra Modi inaugurated the 246-kilometer section of the Delhi-Mumbai Expressway, connecting Delhi to a city in the northwestern state of Rajasthan called Lalsot. 


This is only the first phase of the Delhi-Mumbai Expressway, and the rest is expected to be launched in the near future. 


ACE Capitol is the obvious pick for anyone looking for the best commercial property in Noida because of its ideal location and connectivity with the Delhi-Mumbai Expressway. 


Invest in the perfect office space in Noida to turn your newly launched business into a globally renowned entity. Contact ACE Group for more information. 


This blog was originally posted on the ACE GROUP website

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