Housing Prices Along Dwarka Expressway Jump 3.5 Times in Five Years

Residential property prices along the Dwarka Expressway corridor in Gurugram have surged by more than 3.5 times over the past five years, driven by strong end-user demand and rapid infrastructure upgrades, according to a new report by real estate consultancy Square Yards.

The report indicates that average property rates climbed from around ₹6,300 per sq ft in 2020 to between ₹21,700 and ₹24,000 per sq ft in 2025, marking an annual compounded growth rate of nearly 28%. This sharp increase, the report notes, reflects the corridor’s transformation from an emerging market to one of the most sought-after residential hubs within the Delhi–NCR region.

A skyline of modern high-rise buildings reflected on a large rainwater puddle in an open field. — High-rise residential and commercial towers are reflected on a large water puddle after rainfall, capturing the contrast between urban expansion and open land.

Infrastructure Upgrades Accelerate Growth

According to Square Yards, the 29-kilometre Dwarka Expressway — a 16-lane access-controlled highway — has significantly enhanced connectivity to IGI Airport, the Dwarka sub-city, and major business districts in Gurugram. The improved transport network has strengthened the area’s appeal to both homebuyers and long-term investors.

The corridor currently hosts around 115 active residential projects, in addition to 28 new developments offering nearly 14,000 housing units. Analysts say this level of supply reflects robust market activity and continued confidence among developers.

Aerial view of a major highway network running alongside clusters of high-rise residential towers during sunset. — An expansive highway system intersects with modern residential towers amid green landscapes, illuminated by the warm light of sunset.

Major Developers Establish Strong Presence

Several leading Indian developers have launched large-scale projects along the expressway, including:
DLF Ltd, Signature Global, M3M, Smartworld Developers, Elan Group, Central Park, BPTP, Emaar India, Godrej Properties, Hero Realty, Max Estates, and Shapoorji Pallonji Real Estate.
Their presence has contributed to a diverse mix of housing options and intensified competition in the expanding micro-market.

Experts: Corridor No Longer “Peripheral,” But a Key Urban Cluster

Commenting on the findings, Rajat Lekhiani, Principal Partner at Square Yards, said the expressway has evolved from a peripheral stretch to one of the “most ambitious residential corridors in the NCR.”

Pradeep Aggarwal, Founder and Chairman of Signature Global, attributed the steep rise in property values to sustained demand from both end-users and long-term investors, supported by significant upgrades in urban infrastructure and mobility.

Meanwhile, Ashok Kapur, Chairman of Krisumi Corporation, described Dwarka Expressway as one of the most dynamic and fast-growing real estate markets in the NCR, noting that improved connectivity and ongoing infrastructure projects continue to boost its attractiveness.