May 26, 2025 |
Prices of Properties Off Dwarka Expressway Double in 4 Years: Report
Driven by rapid infrastructure development and improved connectivity, Dwarka Expressway has seen a sharp rise in real estate activity and property values over the last four years.
Sectors 113, 37D, 106, 111 and 103 have emerged as key hotspots, contributing to 74% of the supply in the last four years, according to a study.
Launch prices nearly doubled — from Rs 9,434 per sqft in 2020 to Rs 18,668 per sqft in 2024 — reflecting the expressway’s emergence as one of NCR’s most desirable housing destinations, the report says. The corridor saw launches and strong absorption, with demand particularly high for 4BHK apartments priced between Rs 4.8 crore and Rs 8.6 crore. “The 2020–24 period marked a revival for Dwarka Expressway,” says Samir Jasuja, founder and CEO of real estate data analytics firm PropEquity, which has conducted the study.
Between 2020 and 2024, 15,994 housing units were launched along the corridor, with 16,502 units having been absorbed, indicating robust demand, according to the recent report.
Jasuja said, “Over 18,000 new units are expected to be launched between 2025 and 30, reinforcing its long-term potential.”
These micro-markets are witnessing increased buyer traction due to their proximity to infrastructure projects and the availability of premium residential stock.
Founder & chairman, Signature Global, Pradeep Aggarwal said, “From Sector 37D to SPR, Dwarka Expressway is fast becoming the centre of gravity for NCR real estate. In the next five years, we expect 40-60% price appreciation driven by new infrastructure and high-end offerings.” Whiteland Corporation director Sudeep Bhatt echoed the sentiment, “With the expressway operational and metro plans underway, Dwarka Expressway is now seen as a long-term investment zone.”
Source : TOI
Related Articles
Gurugram proposes circle rates for 2026–27; Dwarka Expressway may see the steepest hike of up to 67%
Starting April 1, homebuyers in Gurugram could face a noticeable increase in stamp duty and registration costs, as the district administration has […]
Table Space leases 1.45 lakh sq ft of commercial space in Gurugram at a starting monthly rent of ₹2.85 crore
Co-working space operator TableSpace Technologies Pvt Ltd has leased 1.45 lakh sq ft of commercial space in Gurugram for five years at a […]
Quiet Luxury to Statement Living: How Luxury Buyer Preferences Are Shifting in 2026
NewsVoir New Delhi [India], March 25: In the last few years, the word “quiet luxury” has increasingly entered the vocabulary […]
Recent Posts
Categories
- Real Estate News (678)