Property prices at Dwarka Expressway increases by 29% in 2024
This growth is driven by the inauguration of the Gurugram stretch in March 2024 and the near completion of the Delhi stretch, fuelling residential activity.
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.
“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,” said Rajat Likhyani, principal partner, Square Yards.
The Dwarka Expressway has emerged as a hotspot for leading developers, with Signature Global, M3M, and Conscient One ranking among the top three developers for new unit launches post-2020. In the first three quarters of 2024, the majority of new launches were driven by M3M, Krisumi Corporation, and Smart World.
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