Dwarka Expressway Property Prices Grow in Double-Digits 

Gurugram, December 20, 2024: Dwarka Expressway in Gurugram has experienced a remarkable rise in residential supply post-pandemic, becoming the largest market in Gurugram with highest cumulative new supply post-2020, followed by New Gurgaon and Sohna. This growth is driven by the inauguration of the Gurugram stretch in March 2024 and the near completion of the Delhi stretch.

In 2024 alone, prices registered a strong 29 per cent increase compared to the previous year. Current average rates range between INR12,000 and INR14,000 per sq. ft, with numerous new projects by notable developers exceeding this benchmark. The total annual residential new supply in Dwarka Expressway has surpassed the 10,000-unit threshold since 2020, compared to 5,000–7,000 new units launched per year in the pre-pandemic period.

The data is for primary and secondary apartments and sourced from data trends observed on www.squareyards.com for the given period. Average property prices may vary by location and property-specific factors.

Rajat Likhyani, Principal Partner, Square Yards said, “Dwarka Expressway has posted the highest cumulative new supply post-2020 in Gurugram, with leading developers launching projects to cater to the growing demand. At Square Yards, we have observed a sharp increase in interest from investors and end-users eager to capitalize on the enhanced connectivity to commercial hubs and the international airport, with many looking to seize early-mover advantages and reap long-term returns. The impact of the infrastructure upgrade is already evident in property prices, which have seen consistent double-digit growth in recent years. We see this as the first chapter in a long-term growth story for the Dwarka Expressway, with significant opportunities unfolding for end-users, investors, and developers in the years ahead.”

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