Dwarka sub city has a total of 29 sectors and teems with apartments and flats for sale. Dwarka is New Delhi’s biggest planned residential area with hot property options. The Metro connectivity to the adjoining area of Gurgaon makes it a favorite option for those employed in the commercial and business hub of Gurgaon. Metro connecting Dwarka to Noida, Anand Vihar, Rajouri Garden, Janakpuri, Punjabi Bagh, Karol Bagh, Chandni Chowk, Connaught Place, Pragati Maidan and Railway Station gives it a location advantage above others. The 32-lane Expressway connecting Delhi to Dwarka, together with all the factors above, has resulted in a price hike for apartments and flats in Dwarka.
Ø CGHS Flats
CGHS or Co-operative Group Housing Society has primarily been involved in the residential development in this part of Delhi. Most of the CGHS flats comprise 3 BHK and 4 BHK flats with servant room. 2 BHK flats though available are comparatively smaller in number. A total of around 326 CGHS apartments have been developed with approximately 100 occupants in each society.
Ø Dwarka Flats: Ideal investment property with profitable returns
Dwarka has also emerged as an excellent investment option for people as the property prices have been constantly seeing an incessant increase. This is reassuring enough for investing in a society flat in Dwarka that guarantees profitable returns. A property purchased now is sure to bring monetary rewards if sold at a later stage. With the flats being rented out the apartments purchased with the sole purpose of investment also yield a good income for the owners before they finally sell it off at a much higher price. Investors buy flats in Dwarka and put them up for sale after a year or two to acquire a new, larger and comparatively cheaper property in the adjoining areas or an expensive one in Dwarka itself to reap greater returns.
Better infrastructure, wider roads, cleanliness and planned structure of Dwarka sub city have been drawing many buyers to purchase a property. The amenities provided in the society flats like power back-up, water supply, security etc. add to the fact that more and more people have been eyeing Dwarka to own a flat. The facilities of course come at a heavy price, but with the easy availability of home loans the purchase becomes a little easier.
Ø DDA Flats for sale in Dwarka
It’s not just CGHS which has constructed apartments in Dwarka, but DDA (Delhi Development Authority) also shares the responsibility of adding apartments in this planned sub city. DDA reportedly has constructed around 40,000 buildings with LIG, MIG and HIG flats. Dwarka DDA flats have a new look as opposite to the grey exteriors. The DDA apartments are distributed over stories and don a colorful look. These flats definitely are in a sharp contrast to the existing stereotyped image of DDA flats. Due to the location factor and the design the DDA flats in Dwarka are expensive than the earliest ones developed in Janakpuri and Vikaspuri.
Dwarka: Location Advantage
Ø Well-connected road network
Ø Metro connectivity to Gurgaon, Noida, Anand Vihar, CP, Pragati Maidan and Railway Station
Ø Airport Express line (special metro) will connect Dwarka to the IGI (Indira Gandhi InternationalAirport)
Ø Major markets: Sector 6 &10, Ashirwad Chowk: Junction of Sector 4 & 5
Ø Shopping Complexes in Sec-22 and 23
Ø DTC Bus (low-floor) Depot: in Sec-2 and 8
Dwarka: Upcoming Projects
Ø Shopping Mall in Sector 14
Ø India’s biggest Convention Center by DLF (Sec-24)
Ø Delhi’s biggest ISBT (Inter- state- bus terminal) in Sec-23
Ø Diplomatic enclave in Sec-26 to 29 with around 39 embassies
Ø 6 Sports Complexes, 1 already functioning (built by DDA)
Ø 5 star hotels and 7 star hotels