Having a residential property in Dwarka Expressway had been a status symbol and this status label was chased, up to residential property in Delhi by those who could afford. Over a period of time upper middle class home seekers were happy with residential plots offered by HUDA.The real estate spectrum was lit up with new possibilities, on the turn of millennium, when, giant real estate developers like Emaar MGF, DLF and Puri Constructions offered a wide range of options in gated complexes of apartments and villas in Dwarka Expressway. These residential projects offered security and safety features along with facilities like round the clock water supply, 100% power back-up, swimming pool, indoor play are, gym with well maintained gardens and water bodies.
With the existence of world class office and commercial spaces in Dwarka Expressway and international standard of living of executives the concept picked up like fire in jungle, with a particular focus of home seekers on apartments as compared to independent villas and floors. For home seekers, possibly the residential apartments were more reasonable and manageable.
Once it was recognized that the apartment section has bigger demand, the developers swung in to action of presenting a wide range apartments at different locations on Dwarka Expressway. Motivated by the rising demand small/new real estate developers joined the battle. For a potential buyer, it seemed reasonable due to easy home loans. With increasing demand, the real estate developers have been investing heavily in luxury homes on Dwarka Expressway for upper middle and rich group of people, making “reasonable housing” a largest and fast growing segment in Dwarka Expressway Gurgaon Real Estate Properties.
In affordable housing seems to be a out-of-date now as the recent fast economic growth has led to a rise in purchasing power of the young age group and the want to invest in Dwarka Expressway new projects that offer luxury living. Additionally, because of rise in income and easy availability of housing loan, investors and end users are moving ahead advancement their standard of living. Now, the focus is being moved from essential to luxurious facilities, amenities, specifications and posh locality.
In present real estate circumstances the real estate developers are showing improved interest in real estate Dwarka Expressway to provide the wealthy lifestyle demanding high end luxury living with a USP of special arrival effects and it seems that unworried expectations of affluent is ready clients for them.