Housing prices in real estate projects along the Dwarka Expressway in Gurugram have risen around 3.5 times over the past five years, fuelled by strong consumer demand and major infrastructure improvements, according to a new report by property consultancy Square Yards. The expressway has quickly emerged as one of the most prominent micro-markets in the Delhi-NCR region.

The report highlights that average property prices have climbed from about Rs 6,300 per sq ft in 2020 to between Rs 21,700 and Rs 24,000 per sq ft in 2025. Square Yards noted that the steep annual growth rate of 28 per cent underscores the corridor’s transformation from an early-stage market into one of NCR’s most desirable residential zones.

The 29-km, 16-lane access-controlled expressway has significantly enhanced connectivity to IGI Airport, Dwarka sub-city and major business hubs in Gurugram, boosting both end-user and investor interest. Currently, the region hosts around 115 active residential projects, with 28 new launches adding nearly 14,000 units.

Most leading developers have a presence along the Dwarka Expressway. Companies such as DLF, Signature Global, M3M Group, Smartworld Developers, Elan Group, Central Park, BPTP, Emaar India, Godrej Properties, Hero Realty, Max Estates and Shapoorji Pallonji Real Estate are all active in the corridor.

Rajat Likhyani, Principal Partner at Square Yards, described the expressway as having evolved from a peripheral zone into “one of NCR’s most aspirational residential hubs.” Signature Global’s Founder and Chairman, Pradeep Aggarwal, attributed the sharp price appreciation to robust demand from end-users and long-term investors, supported by transformative infrastructure upgrades and improved mobility.

Ashok Kapur, Chairman of Krisumi Corporation, added that the expressway has become one of the most active and sought-after real estate markets in NCR, with strong demand reflecting improved connectivity and steady progress on key infrastructure.