Dwarka
The Dwarka Expressway, also known as the Northern Peripheral Road, is landmark eight-lane expressway, connecting Dwarka in Delhi with Gurugram in Haryana. It eases congestion as well as provides seamless access to the Indira Gandhi International Airport. Given its significance, the operationalization of the expressway has fuelled a sharp rise in real estate activity, making it one of NCR’s most sought-after property market amongst both end-users as well as investors.
Corroborating with this, in 2024, property prices in Dwarka Expressway recorded a 29% YoY increase. Currently ranging between Rs. 12,000 and Rs. 14,000 per sq. ft, several new projects by branded developers exceed this benchmark. Similarly, post-pandemic, the supply across Dwarka Expressway has surpassed the 10,000-unit threshold, as compared to 5,000–7,000 new units launched annually in the pre-pandemic period.
The expressway which has significantly improved access to the airport, key commercial hubs, the DMIC corridor, and NH-48, has garnered significant stakeholder interest in recent years. Given this, and with the buyer sentiments demonstrating sustained momentum, it is well-positioned to maintain a key role in Gurugram’s property market landscape in coming period. Explore more insights on Dwarka Expressway’s property market in our report ‘Micromarket Spotlight – Dwarka Expressway – Gurugram’.
Dwarka Expressway recorded a 29% YoY rise in property prices in 2024, with average values now ranging between ₹12,000–14,000 per sq. ft., while branded premium projects continue to exceed these benchmarks, reflecting strong end-user and investor demand.
New housing supply has crossed the 10,000-unit annual threshold post-pandemic, compared to 5,000–7,000 units in the pre-pandemic period, showing strong developer confidence and sustained absorption across the corridor.
Improved connectivity to IGI Airport, NH-48, DMIC corridor and key commercial hubs through the operationalised expressway has transformed Dwarka Expressway into one of Gurugram’s most active residential micro-markets, reinforcing long-term capital appreciation potential.
