Dwarka Expressway: Gurugram's Real Estate Prices Surge 3.5 Times in Five Years
New Delhi: Housing prices in real estate projects along Dwarka Expressway, Gurugram, have surged about 3.5 times during the last five years due to high consumer demand and improved infrastructure, according to a report by Square Yards. The real estate consultant has released a detailed report on the Dwarka Expressway, highlighting its rapid transformation into one of the key micro-markets in Delhi-NCR.
The report mentions that average property prices have risen over 3.5 times in the past five years, climbing from around Rs 6,300 per sq ft in 2020 to approximately Rs 21,700-24,000 per sq ft in 2025. Square Yards noted that the sharp 28 per cent annual growth rate in the last five years underscores the Dwarka Expressway corridor's rapid evolution from an emerging micro-market into one of the most coveted residential destinations in the NCR.
The 29-km, 16-lane access-controlled expressway has significantly improved connectivity to IGI Airport, Dwarka sub-city, and Gurugram's major business hubs, driving strong end-user and investor interest. At present, there are around 115 active residential projects, with 28 new launches contributing nearly 14,000 units. Almost all major builders have projects along the Dwarka Expressway, including DLF Ltd, Signature Global, M3M Group, Smartworld Developers, Elan Group, Central Park, BPTP, Emaar India, Godrej Properties, Hero Realty, Max Estates, and Shapoorji Pallonji Real Estate.
Dwarka Expressway has evolved from a peripheral corridor into one of NCR's most aspirational residential hubs, said Rajat Likhyani, Principal Partner, Square Yards. The corridor's rapid growth has been driven by transformative infrastructure upgrades, improved mobility, and expanding connectivity to key nodes across Delhi and Gurugram. These enhancements have not only elevated the expressway's liveability but also reinforced its position as a high-potential real estate destination for future investment, commented Pradeep Aggarwal, Founder and Chairman, Signature Global.
Ashok Kapur, Chairman of Krisumi Corporation, added that the corridor has become one of the most active and sought-after real estate markets in the NCR. The strong demand reflects the impact of better connectivity and steady progress on key infrastructure, he noted.
