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Dwarka Expressway to Become a Growth Engine, Ready to be Called Sub-city: CBRE 

March 11, 2024: As part of the Development Plan 2031 for the Gurgaon Manesar Urban Complex (GMUC), the Dwarka Expressway, also known as the Northern Peripheral Road (NPR), has been developed as a northern ring road. This expressway provides additional connectivity between Gurgaon and Delhi, serving as an alternative route to the existing NH 8.

Due to the rapid increase in traffic between Delhi and Gurgaon on NH 8 and other road networks, there has been a consistent demand to complete the Dwarka Expressway promptly. In 2006, the Haryana Urban Development Authority (now known as the Haryana Shahari Vikas Pradhikaran or HSVP) planned an 18-kilometer stretch between Kherki Dhaula and Najafgarh Road as an alternative to NH-48.

Initially referred to as the Northern Peripheral Road (NPR), this project spurred several real estate ventures by the early 2010s. However, by 2014, only 16.6 kilometres of the project had been constructed, with work on critical sections at Kherki Dhaula and Bajghera halted due to legal disputes. Subsequently, in 2017, the project was transferred to a central agency, which decided to extend the Dwarka Expressway all the way to Shiv Murti near Mahipalpur in Delhi

Anshuman Magazine, Chairman & CEO – India, South-East Asia, Middle East & Africa, CBRE, said, “Dwarka Expressway marks a cornerstone in enhancing the connectivity within the Delhi-Gurugram region. The expressway transcends its role beyond a transportation link, acting as a pivotal force for economic and infrastructural revitalization. It is bound to redefine the real estate landscape in the vicinity. The anticipation surrounding the expressway over the last decade has already ignited a surge in residential development, especially in sectors bridging Gurugram and Delhi. With the expressway now complete, we are witnessing a promising downturn in unsold inventory levels in these sectors, from a significant 25-30% 8-10 years ago to a mere 7-8% now. This project, specifically the 15 km inside Gurgaon, around, alongside, or in distant areas, there are many sectors like sector 84, which are towards Gurgaon that have been connected to sectors 109, 110, and 113, which are nearer to Delhi, where a lot of residential projects have been launched in the last 10 years, particularly in anticipation of the Dwarka Expressway.

The strategic location of the Dwarka Expressway, an eight-lane access-controlled roadway, cuts through key residential and commercial hubs. This development promises to alleviate traffic congestion and significantly reduce travel times between the two cities. As a result, we foresee a notable appreciation in property and land prices in the vicinity, potentially rising in the coming years, offering lucrative returns on investment for early investors. Furthermore, the expressway’s proximity to significant developments and the projected extension of the Delhi Metro Magenta Line accentuates its appeal, making it a hotspot for real estate investment. With the improved infrastructure and connectivity, rental properties in the region are also expected to see an upswing in demand.

Real estate developments along the Dwarka Expressway are becoming synonymous with a luxurious lifestyle, offering contemporary amenities that include clubhouses, swimming pools, gyms, sports facilities, manicured gardens, and 24-hour security. These premium features, coupled with unparalleled connectivity, have a pull for both buyers and people looking out for rent, ensuring sustained demand and high occupancy rates. The seamless fusion of luxury and connectivity not only enhances the living experience but also solidifies the area’s attractiveness as a top choice for real estate investment. Dwarka Expressway will revolutionize the real estate market in the Delhi-Gurugram corridor.”

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Project Details

The expressway is a 16-lane access-controlled highway running between Shiv Murti in Delhi and Kherki Daula in Gurgaon.

PackagesDescriptionLength (km)
Package 1Shiv Murti to Tail under Bridge (RuB)5
Package 2Rail under Bridge (RuB) to Delhi Haryana Border4.5
Package 3Delhi Haryana Border to Rail over Bridge (RoB)10.2
Package 4Rail Over Bridge (RoB) till End Point Km 40 NH-8- SPR Intersection near Kherki Daula7.9
27.6

Real Estate

Active real estate segment around Dwarka Expressway is mainly residential with some retail projects. Impact of Dwarka expressway on property pricing have been significant. There is considerable appreciation across residential segments with premium and luxury segments leading.

Residential capital value movement

Luxury SEGMENT202120222023
Growth % (y-o-y)0%12%26%
Premium SEGMENT202120222023
Growth % (y-o-y)7%19%34%
High-end SEGMENT202120222023
Growth % (y-o-y)2%20%3%
Mid-end SEGMENT202120222023
Growth % (y-o-y)0%10%12%

Residential Launches & sales

202120222023
Launches (in number of units)8,8806,5206,120
202120222023
Sales (in number of units)5,40013,0006,800

Infrastructure

There are multiple flyovers, link roads, ramps, underpasses planned and underdevelopment along the expressway. These include Dwarka Expressway, Extension of Nelson Mandela Marg, proposed Gurgaon Manesar Expressway and extension of Urban Extension Road-II to Ryan International School south of Rangpuri. 

Key upcoming infra around expressway
Global CityThe Haryana government has begun work on Phase 1 of the Global City project, a mixed land use project in Gurugram on 1,000 acres along the Dwarka Expressway that will comprise residential and commercial spaces with modern infrastructure and utilities. The Global City project is being developed across parts of Sectors 36, 36B, 37, and 37B.
RRTSThe NCRTC plans to construct the RRTS corridor in three phases. In the first phase, a 107km stretch from Sarai Kale Khan in Delhi to Shahjahanpur-Neemrana-Behror (SNB) Urban Complex — just ahead of Bawal in Haryana — passing through Gurugram, Manesar, Panchgaon and Rewari will be constructed.
The Kherki Daula station of the RRTS will be located at the intersection of NH-48 and Dwarka Expressway
Delhi – Gurugram – SNB – Alwar Corridor
Total length – ~200km
Phase 1: Sarai Kale Khan – Gurgaon – Dharuhera (70.72 km)Phase 2: Dharuhera – SNB (36 km)Phase 3: SNB – Behror – Sotanala (35 km)Phase 4: SNB – Alwar (58 km)
MetroThe elevated metro corridor will be 28.5km long and will have 27 stations. Dwarka Expressway will also be connected to this metro route by creating a station near Sector 101.
RoadsSix lane-ing of Atrial Road from Umang Bhardwaj Chowk to Dwarka Express Way
GMDA has sought land in sectors 81 and 95, sectors 99 and 115, and Manesar fr the depots. It has also asked MCG (Municipal Corporation of Gurgaon) and MCM ((Municipal Corporation of Manesar) to look for land parcels, each spanning 6-10 acres.
Aimed at decongesting Delhi, the UER-2 project is being developed by the National Highways Authority of India (NHAI) at a cost of Rs 7,715.6 crore. The UER-2 was proposed by the Delhi Development Authority (DDA) under the Delhi Master Plan 2021.
Transport HubAs per Gurgaon – Manesar Urban Master Plan 2031, an ISBT is proposed in Kherki Daula (located at the intersection of NH-48 and Dwarka Expressway)
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