When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
Dwarka Expressway in Gurugram has witnessed a remarkable 153% jump in property prices over the past five years, with average high-rise rates now touching INR 14,342 per sq. ft., as per MagicBricks. The stretch's strategic connectivity-linking Delhi to Gurugram-alongside robust infrastructure upgrades such as tunnels, metro corridors, and expressway links, is drawing heightened demand from homebuyers. Developers plan to introduce over 25,000 residential units in the next three years. A series of multimodal transport initiatives are further boosting its prospects as a high-growth investment zone.
The Dwarka Expressway corridor, spanning 29 kilometres across Delhi and Haryana, has emerged as a high-demand micro-market in Gurugram, witnessing a steep surge in property rates driven by ongoing infrastructure expansion and residential interest. The corridor includes 18.9 km in Haryana and 10.1 km in Delhi, and functions as India's first 16-lane expressway, connecting Dwarka to the Kherki Daula Toll Plaza.
Current market data from MagicBricks places the average price of high-rise apartments along this expressway at INR 14,342 per sq. ft., reflecting a 153% appreciation over the last five years. The increase has been attributed to strong housing demand, rising interest in premium developments, and large-scale urban planning in the region.
Mr. Ashok Kapur, Chairman of Krishna Group and Krisumi Corporation, remarked that the doubling of property prices in this corridor was a direct result of rapid infrastructure expansion and the presence of leading real estate brands. He noted that the expressway's appeal lies in its seamless connectivity and evolving development ecosystem, which continues to attract aspiring homeowners and investors alike.
Infrastructure upgrades have played a pivotal role in the transformation of this area. Recently, a 5.1 km tunnel was constructed to ease congestion and enhance accessibility. Of this, a 3.6 km eight-lane stretch provides a direct connection between the expressway and Indira Gandhi International Airport, significantly reducing travel time. Additionally, a 1.5 km two-lane stretch now connects the expressway with NH-48, aiding traffic decongestion between Delhi and Gurugram.
In further developments, a 5-km underground tunnel has been proposed in South Delhi by the National Highways Authority of India (NHAI), with an estimated project cost of INR 3,500 crore. This tunnel will link Shiv Murti-Mahipalpur near Dwarka Expressway to Nelson Mandela Road in Vasant Kunj, creating a signal-free corridor towards Gurugram. Construction is expected to commence in 2026.
Another major proposal is the metro corridor from HUDA City Centre to Cyber City, with a branch line extending to Dwarka Expressway. This 28.5 km metro line is set to provide seamless transit for commuters, bolstering the daily travel experience for residents and professionals working in the National Capital Region.
Developers continue to ramp up supply in response to growing demand. According to Square Yards, over 25,000 housing units are expected to be launched in the Dwarka Expressway area within the next three years. With a blend of premium residential offerings, improved infrastructure, and multimodal connectivity, the region is being positioned as a top-tier destination in the NCR residential landscape.
As developers continue to invest and authorities push forward with major transport projects, Dwarka Expressway is cementing its place among the most aspirational addresses in Delhi-NCR. Its continued upward trajectory signals both confidence and long-term growth in the region's real estate market.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023