NH8 region in Delhi/NCR is considered one of the important locations with excellent connectivity from all parts of the country and even between our national capital New Delhi and Gurugram. Over the last 10 years, the NH8 region has facilitated an exceptional growth of residential and commercial properties and investments. This has led to an impressive growth of coworking space in the NH8.
NH8 has been renamed as NH48 and it starts from Delhi and goes on till Bengaluru down South. NH8 covers seven states of India which are Delhi, Haryana, Rajasthan, Karnataka, Tamil Nadu and Maharashtra. The total length of NH8 or NH48 is 2807 km.
NH8 or NH48 region is considered as one of the most important corridors for the real estate industry, Information Technology (IT-ITeS), Glass Technology, automobile industry. The Delhi- Mumbai Industrial Corridor of NH8(now NH48) where lies many SEZ has attracted foreign direct investment from countries like the US, China, Japan, Singapore. Multi-nationals like Saint Gobain, Honda Motors, Asahi, Becton, Hollisters to name a few have already established their plants along the DMIC which are considered as one of the largest plants in the world. This has led to an unsurprising rise in the residential and commercial projects along the NH8(now NH48) region which in turn has welcomed the coworking space in NH8.
NH8 has seen the likes of real estate giants like DLF, Alpha Corp, Vatika, EMAAR to name a few come up with their residential projects. EMAAR MGF’s Palm Hills has been built on an area of 3.3.2 million sq ft. having schools, clubhouses and a commercial complex within its vicinity. Similarly, Alpha Corp also has developed its project “Gurgaon One” which stands right next to expressway connecting Dwarka to NH8.
With the expecting rise of urban population to 590 million by 2030 and the region attracting 1.5 million expected figure of skilled and semi-skilled from different parts of the country and abroad, one can see the bright future of the coworking space in NH8( now NH48 ) and of the whole real estate industry.
Some of the key factor that allows multi-nationals and coworking space in NH8 a favorable location for having their facilities are mentioned below:
Distance from IGI Airport- 10.4 Km( 14 mins drive )
Distance from Aerocity- 7.2 Km( 8 mins drive )
Distance from Udyog Vihar- 14.4 Km( 17 mins drive )
Distance from Vasant Kunj- 9.5 Km( 13 mins drive )
Distance from Cyber City- 15.4 Km( 20 mins drive )