GURGAON: Property prices along the Dwarka Expressway almost doubled over the past four years, making it one of NCR's most rapidly growing regions, an assessment shows. A PropEquity study reported that launch prices along the Dwarka Expressway climbed from Rs 9,434 per sqft in 2020 to Rs 18,668 per sqft in 2024. Similarly, a typical 3BHK flat's cost went from Rs 1.8 crore in 2022 to Rs 2.6-4 crore this year.

Analysts believe real estate costs are likely to climb another 15-20% in the next two years, especially since the corridor is now fully functional. The expressway's 18km portion in the city was inaugurated last year and the 10km Delhi section was launched on Sunday. Among the reasons for this increase in demand and property prices along the Dwarka Expressway is its connectivity with Delhi, including IGI Airport.

Launch of the 76km Urban Extension Road-II — which runs from NH-44 (Alipur) to NH-8 via Mundka, Najafgarh and Dwarka with spurs to Sonipat and Bahadurgarh — has given the region another connectivity boost. Pradeep Aggarwal, founder & chairman of another real estate firm Signature Global (India) Ltd., said property prices along the expressway have nearly doubled over the last five years. Surinder Singh, director of GLS Group, which offers parcels and logistics services, said: "These high-speed roads are economic corridors. With Gurgaon–IGI connectivity down to 20 minutes and Delhi–Mumbai Expressway directly linked, this belt will attract corporates, retail majors and service industries, creating a multiplier effect for real estate."

Dwarka Expressway is among NCR’s most promising corridors. With UER-II linking Sonipat and Panipat to Gurgaon, the demand for high-quality residential and commercial projects will only intensify,” said Navdeep Sardana, founder of real estate firm Whiteland Corporation, which has projects along the expressway.