July 18, 2025 |
Dwarka Expressway Leads Gurugram’s 67% Rise in Residential Property Prices
Residential property values in Gurugram have climbed sharply, registering a 67% increase in average rates over a span of two years. As per the Q2 2025 edition of the MagicBricks PropIndex, average prices rose from INR 9,718 per sq ft in Q2 2023 to INR 16,186 per sq ft in the April-June quarter of 2025. This notable escalation underscores the robust demand for premium housing across the city’s leading residential corridors.
Micro-markets such as Dwarka Expressway, Golf Course Road Extension, Sohna Road, and New Gurugram have emerged as prominent real estate destinations, buoyed by ongoing infrastructure development, better connectivity, and growing consumer inclination towards integrated, well-planned housing clusters.
Dwarka Expressway, in particular, has outperformed other locations, recording an average rate of INR 16,600 per sq ft. This uptrend is being driven by major connectivity improvements, including the recently completed cloverleaf junction and an 8-lane, 3.6-km tunnel that connects the expressway directly to Indira Gandhi International Airport and other key business districts. Such developments have amplified the area’s desirability for both end users and property investors.
Ashok Kapur, Chairman of Krishna Group and Krisumi Corporation, observed that Gurugram’s housing segment has maintained steady momentum and that the price escalation over the past two years indicates sustained interest from both homebuyers and investors. He remarked that the rise of Dwarka Expressway as the preferred destination for high-end properties reinforces the trend that locations with superior infrastructure and connectivity continue to dominate real estate activity.
He further stated that Gurugram’s real estate outlook remains strong, adding that the city is expected to retain its position as one of the country’s top markets. This forecast is underpinned by the city’s strategic geography and the continuous rollout of infrastructure upgrades, which are expected to keep investor and buyer sentiment positive.
In the latest quarter, 3BHK and larger apartments accounted for approximately 64% of the total housing demand in Gurugram, suggesting a shift in buyer preferences. This evolution is being attributed to factors such as increased adoption of remote working models, exposure to high-quality developments, and growing household incomes – all of which are influencing buyers to opt for more spacious residences.
The consistent demand for larger homes reflects an evolving urban preference shaped by post-pandemic shifts and developer offerings. Gurugram’s strategic location, coupled with connectivity-focused development, is expected to reinforce its stature as a premium property destination for both home seekers and long-term investors.
Source : Prop News Time
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