+
Dwarka Expressway Emerges as India’s Fastest-Growing Realty Corridor
ROADS & HIGHWAYS

Dwarka Expressway Emerges as India’s Fastest-Growing Realty Corridor

Dwarka Expressway has firmly established itself as India’s fastest-growing real estate corridor, witnessing an unprecedented 58% year-on-year (YoY) surge in property prices during the October–December 2024 quarter. According to a joint study by CREDAI, Colliers, and Liases Foras, this marks the highest price appreciation across the country in Q4CY2024, outpacing all other major cities and micro-markets.

Real estate experts attribute this exceptional growth to strong infrastructure-led development, heightened investor confidence, and sustained sales momentum. The expressway’s strategic location and connectivity enhancements have positioned it as the hottest real estate investment destination in Delhi-NCR and across India.

While housing prices across India’s top eight cities rose 10% YoY, averaging Rs 11,266 per square foot, Delhi-NCR stood out with a 31% annual price increase, the highest in the country. The top-performing cities included Mumbai, Delhi-NCR, Chennai, Bengaluru, Hyderabad, Kolkata, Pune, and Ahmedabad, but Dwarka Expressway remained the undisputed leader, followed closely by Greater Noida.

Luxury and Ultra-Luxury Segments Drive Growth Industry analysts highlight that rising demand for luxury and ultra-luxury residences, especially in Gurugram and Greater Noida, has significantly contributed to the price surge. Robust infrastructure development, along with the increasing preference for premium, well-designed homes, has fueled this momentum.

Market and Industry Outlook With its proximity to major business hubs such as Cyber City, Udyog Vihar, and Indira Gandhi International Airport, Dwarka Expressway offers an unparalleled mix of connectivity and lifestyle benefits. Experts predict continued price appreciation, driven by sustained infrastructure development, growing demand for high-end living spaces, and Delhi-NCR’s thriving real estate ecosystem.

As India’s urbanisation accelerates, emerging real estate corridors like Dwarka Expressway will remain pivotal in shaping the country’s residential and commercial landscape, making them a prime focus for both domestic and international investors.

Dwarka Expressway has firmly established itself as India’s fastest-growing real estate corridor, witnessing an unprecedented 58% year-on-year (YoY) surge in property prices during the October–December 2024 quarter. According to a joint study by CREDAI, Colliers, and Liases Foras, this marks the highest price appreciation across the country in Q4CY2024, outpacing all other major cities and micro-markets. Real estate experts attribute this exceptional growth to strong infrastructure-led development, heightened investor confidence, and sustained sales momentum. The expressway’s strategic location and connectivity enhancements have positioned it as the hottest real estate investment destination in Delhi-NCR and across India. While housing prices across India’s top eight cities rose 10% YoY, averaging Rs 11,266 per square foot, Delhi-NCR stood out with a 31% annual price increase, the highest in the country. The top-performing cities included Mumbai, Delhi-NCR, Chennai, Bengaluru, Hyderabad, Kolkata, Pune, and Ahmedabad, but Dwarka Expressway remained the undisputed leader, followed closely by Greater Noida. Luxury and Ultra-Luxury Segments Drive Growth Industry analysts highlight that rising demand for luxury and ultra-luxury residences, especially in Gurugram and Greater Noida, has significantly contributed to the price surge. Robust infrastructure development, along with the increasing preference for premium, well-designed homes, has fueled this momentum. Market and Industry Outlook With its proximity to major business hubs such as Cyber City, Udyog Vihar, and Indira Gandhi International Airport, Dwarka Expressway offers an unparalleled mix of connectivity and lifestyle benefits. Experts predict continued price appreciation, driven by sustained infrastructure development, growing demand for high-end living spaces, and Delhi-NCR’s thriving real estate ecosystem. As India’s urbanisation accelerates, emerging real estate corridors like Dwarka Expressway will remain pivotal in shaping the country’s residential and commercial landscape, making them a prime focus for both domestic and international investors.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?