At the core of Delhi-NCR’s real estate growth story is Gurugram, with Dwarka Expressway emerging as the top performer. The expressway has led the city’s housing boom with a record 58% YoY price surge in last quarter of 2024.
Delhi-NCR is at the centre of India’s booming real estate market , with the region recording the highest annual price growth among the top eight cities (Delhi-NCR, Mumbai, Chennai, Bengaluru, Hyderabad, Kolkata, Pune and Ahmedabad.). According to a report by CREDAI, Colliers and Liases Foras, housing prices in the last quarter of 2024 (Q4 2024) appreciated at an average of 10 per cent. Delhi-NCR witnessed the highest rise at 31% YoY growth, followed by Bengaluru at 23% YoY.
As per the report, at the core of Delhi-NCR’s growth story is Gurugram, with Dwarka Expressway emerging as the top performer. The expressway has led the city’s housing boom with a record 58% YoY price surge in last quarter of 2024.
Experts say that the growth in the region is primarily driven by infrastructure upgrades like the expansion of metro lines and improved highways. Its proximity to IGI Airport has also turned the expressway into one of the most sought addresses in Delhi-NCR.
Top Investment Destination
“The growing inclination of buyers towards high-end homes has brought growth in NCR’s real estate market. This momentum highlights how today’s buyers seek homes that align with their aspirations. The price surge along the Dwarka Expressway resonates with this trend, attracting both investors looking for high returns and end-users seeking long-term value. With continuous development, we expect that property appreciation will remain strong, solidifying its position as one of the most sought-after
real estate markets in Gurugram and the NCR,” he said.
Dwarka Expressway Attracts Both Buyers, Investors
Vishesh Rawat, VP and head of sales, marketing & CRM, M2K Group, said that among the various micro-markets in Gurugram, Dwarka Expressway has grabbed the most attention of buyers and investors. With world class infrastructure, seamless connectivity and proximity to key business hubs, demand has further skyrocketed.
As developers, he said, “we have seen this shift firsthand. Buyers are looking for more than just a home, they want smart amenities and long-term value. We look forward to not only match the customer expectations but exceed them, ensuring that customers get the best of luxury, amenities, convenience and investment potential,” Rawat said.
Preferred Destination For Luxury Real Estate
Homebuyers are also increasingly looking for high-end living spaces, making the area a preferred destination for luxury real estate. The price rise, according to experts, is attributable to the strong sales momentum, particularly in the luxury and ultra-luxury segments, especially in Gurugram.
The growing inclination toward spacious apartments, gated communities and integrated townships has further fueled price appreciation, making Dwarka Expressway a hotspot for luxury real estate in Gurugram. Rajjath Goel, MD, MRG Group, said that Gurugram’s luxury real estate market is experiencing an unprecedented boom and the Dwarka Expressway is at the heart of it all.
Sharp Appreciation In Property Prices
“What was once just an emerging corridor is now a prime destination for high-end buyers and investors. The region has witnessed a sharp appreciation in property values, making it one of the most profitable destinations for premium housing. This growth is fueled by strong demand from buyers who are looking for expansive and lifestyle-driven spaces,” he said, adding that “as a corporate hub, Gurugram also attracts professionals who want to live closer to work while enjoying a well-rounded lifestyle”.
“The surrounding sectors of Dwarka Expressway are quickly becoming hubs for buyers and investors who want great connectivity and modern infrastructure. Builders are seeing huge potential and we continue to be part of the region’s transformation by creating luxury homes that not only offer a better way of living but also fit right into the big picture of how this region is growing and evolving,” Saurab Saharan, group MD, HCBS Developments, said.
Meanwhile, a recent Colliers India’s report said that institutional investments in real estate increased 31% in January-March this year (Q1 2025) to USD 1.3 billion. The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows.
Tags:
Delhi NCR Housing Market, Delhi NCR Real Estate, Dwarka Expressway, Dwarka Expressway Growth, Future Ready Homes, Gurugram Housing Boom, Gurugram Real Estate, High End Homes, Homebuyers Dream, Infrastructure Driven Growth, Invest In Gurgaon, Luxury Apartments Gurgaon, Luxury Homes Dwarka Expressway, Luxury Living Gurgaon, Luxury Realty Gurgaon, Ncr Property Market, Premium Living Gurgaon, Property Appreciation, Real Estate Boom, Real Estate Investment India, Smart Amenities, Smart Living Spaces, Spacious Living, Top Investment Destination, Top Real Estate Markets
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