The Evolution of Gurgaon’s Real Estate: How Dwarka Expressway is leading the way

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Dwarka Expressway has experienced a remarkable rise in residential supply post-pandemic, becoming the largest market in Gurugram with highest cumulative new supply post-2020.

With rising demand and consistent price appreciation, Gurgaon’s real estate market is on a strong growth trajectory. Its prime location, excellent connectivity, and world-class infrastructure make it a preferred choice for homebuyers and investors alike.

The Evolution of Gurgaon Real Estate Infrastructure

Gurgaon has long been a pioneer in shaping India’s luxury real estate market, and its evolution continues to redefine urban living. It is a major corporate and IT hub that attracts affluent professionals, entrepreneurs, and expatriates. The city’s infrastructure has seen consistent upgrades, enhancing its appeal as a prime destination for high-end housing. Prime locations such as MG Road, Golf Course Road and Sohna Elevated Corridor have undergone significant transformations. For instance, Golf Course Road has emerged as a hub for high-end consumers, with developments offering world-class living experiences.

Why is Dwarka Expressway the Next Frontier?

Dwarka Expressway, a micro-market in Gurugram, is now positioned as the new vector of growth. This region is experiencing a dynamic shift driven by rising land values and infrastructure development.

According to a recent report by Square Yards, Dwarka Expressway has experienced a remarkable rise in residential supply post-pandemic, becoming the largest market in Gurugram with highest cumulative new supply post-2020, followed by New Gurgaon and Sohna. This growth is driven by the inauguration of the Gurugram stretch in March 2024 and the near completion of the Delhi stretch, fuelling residential activity.

In 2024 alone, prices registered a strong 29% increase compared to the previous year. Current average rates range between Rs 12,000 and Rs 14,000 per sq. ft., with numerous new projects by notable developers exceeding this benchmark. The total annual residential new supply in Dwarka Expressway has surpassed the 10,000-unit threshold since 2020, compared to 5,000–7,000 new units launched per year in the pre-pandemic period.

The higher land appreciation along the expressway has paved the way for better-quality construction, enhanced amenities, superior design development and improved maintenance standards post-handover. One of the key factors making Dwarka Expressway a promising hotspot is its proximity to the airport, which offers unparalleled connectivity for both residents and businesses.

Additionally, the evolving infrastructure ensures seamless access to resources, business hubs and other hotspots like HSIIDC Global City, Yashobhoomi Convention Centre, Bharat Vandana Park and Dwarka Golf Course, making it a highly desirable location for premium homebuyers.

Speaking about this, Sudeep Bhatt, Director-Strategy, Whiteland Corporation, said, “The NCR region, particularly Dwarka Expressway, is rapidly transforming into a dynamic ecosystem offering unparalleled connectivity, world-class amenities and exceptional investment opportunities. With the expressway setting new benchmarks for luxury living, it has become a symbol of the evolution in Gurgaon’s real estate market. We at Whiteland Corporation have signed an agreement with Marriott International Inc. to bring Westin Residences to Gurugram. As India’s largest branded residences, this project under the Westin brand embodies our dedication to excellence. It offers residents a distinctive fusion of wellness, bespoke services and world-class amenities, crafting a holistic living experience within hospitality-inspired homes. This development goes beyond building better homes, it redefines the very essence of living, meeting the aspirations of today’s discerning global citizens.”

The expressway’s journey mirrors that of other prominent regions in Gurgaon. Where Golf Course Road set the benchmark for ultra-luxurious living and Sohna Road addressed the needs of mid-segment buyers, Dwarka Expressway is now striking a balance, offering well-justified prices with developments that reflect an emphasis on quality and exclusivity.

“Investing in Dwarka Expressway is no longer a speculative venture, rather it is a calculated move backed by consistent growth and infrastructure development. For discerning investors, it offers a rare combination of steady appreciation and modern amenities. Dwarka Expressway’s evolution reflects the changing dynamics of NCR’s real estate market. It has all the ingredients for long-term success, strategic connectivity, robust infrastructure, and a forward-looking development approach,” said Harinder Dhillon, Senior Vice President-Sales, BPTP.

Luxury Housing and the Future of Dwarka Expressway

The rising demand for luxury properties has been fueled by a shift in buyer preferences toward spacious homes with advanced amenities. The evolving landscape of Dwarka Expressway aligns perfectly with these preferences, offering homes that cater to modern lifestyles while benefiting from the area’s robust infrastructure and increasing land value. Developers in the region are focusing on creating integrated communities that blend convenience, aesthetics and sustainability.

The transformation of Dwarka Expressway is a testament to the region’s growing significance in the real estate market. As infrastructure, connectivity and land value continue to improve, the expressway is set to become a magnet for premium investments. This progress reflects Gurgaon’s legacy of evolving with consumer demands and leading the way for India’s luxury housing market.

Source : FE

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