The construction of the Delhi-Dehradun corridor is in full swing, as 2023 is the estimated time of completion. The 210 kilometers stretch of this six-lane highway will reduce the travel time between the two cities by up to three hours. Along with boosting the connectivity between the two cities, the expressway will also bring fruitful possibilities in the real estate sector for both cities. But that is not the only way the Delhi-Dehradun Expressway will benefit people.
Delhi and Dehradun both are the preferred commercial hubs and travel destinations in the country. Better connectivity between the two cities will enable convenient travel which can help boost the travel sector and the economy. Given below are some other ways this expressway will produce a galore of opportunities across businesses.
This corridor will lead to an increase in demand for residential as well as commercial properties along the expressway. This will eventually lead to the development of profitable market space. It will also open up opportunities for real estate developers to expand their portfolio and invest in a promising venture.
The trend of investing along highway spaces is prevalent in the country and is a tried and tested way of investing in profitable properties. People on the lookout to buy such properties will create a high demand for real estate infrastructure in the area.
Moreover, the added benefit of a lower cost can make this an ideal investment destination for real estate developers, builders, and buyers. Both Delhi and Dehradun are expensive cities to live and travel in. Until the area develops fully around this new corridor, real estate prices are going to be affordable for buyers and investors.
In short, the Delhi-Dehradun corridor is set to change the way real estate business happens in the two cities. Plenty of scope for growth will open up and it can also result in job opportunities and overall social development.