Dwarka Expressway, also known as the Northern Peripheral Road, is rapidly transforming into one of the most promising real estate corridors in the National Capital Region.
Dwarka Expressway, also known as the Northern Peripheral Road, is rapidly transforming into one of the most promising real estate corridors in the National Capital Region (NCR). Stretching over 29 kilometres, this eight-lane expressway connects Dwarka in Delhi to Gurugram and offers convenient access to Indira Gandhi International Airport. Once an underdeveloped area, the region has evolved into a vibrant hub for real estate, driven by strategic infrastructure development, enhanced connectivity, and a growing demand for high-quality residential and commercial spaces.
The expressway has become a sought-after destination for both investors and homebuyers, marked by significant property price increases and the rise of premium residential projects. According to the ANAROCK Micro Market Overview Report, Dwarka Expressway has consistently outperformed other micro-markets in Gurugram, with property prices appreciating by 80% in the last five years. The report also highlights a surge in luxury projects, many of which focus on sustainable construction and green building certifications, catering to the preferences of buyers seeking modern amenities, larger living spaces, and proximity to social infrastructure.
“Dwarka Expressway is more than just an infrastructural project – it is a gateway to a new era of real estate development in NCR. The region has rapidly evolved into a dynamic ecosystem, offering unparalleled connectivity, world-class amenities, and exceptional investment opportunities. Dwarka Expressway is setting new benchmarks for luxury living in NCR,” said Sudeep Bhatt, director of strategy, Whiteland Corporation.
Strategic Connectivity and Infrastructure Development
The Dwarka Expressway provides direct connectivity to Delhi, Gurugram, and other prominent NCR regions, reducing travel time and improving accessibility. Major infrastructural developments, including the completion of the expressway and the development of adjoining areas, have enhanced its appeal among developers and buyers.
Harinder Dhillon, senior vice-president (sales) of BPTP, said, “Investing in Dwarka Expressway is no longer a speculative venture, but rather it is a calculated move backed by consistent growth and infrastructure development. For discerning investors, it offers a rare combination of steady appreciation and modern amenities. Dwarka Expressway’s evolution reflects the changing dynamics of NCR’s real estate market. It has all the ingredients for long-term success: strategic connectivity, robust infrastructure, and a forward-looking development approach.”
The JLL India Real Estate Market Outlook Report highlights that the completion of the Dwarka Expressway is expected to decongest key arterial roads like NH48 and boost real estate demand along its stretch. This strategic corridor also connects seamlessly to prominent employment hubs, retail centres, and educational institutions, making it a highly desirable location for both end-users and investors.
Property Price Appreciation and Investment Potential
The real estate market along Dwarka Expressway has witnessed impressive growth in property prices. According to a report by Savills India, property prices along the expressway have appreciated by 53% over the last three years, with certain luxury projects recording even higher returns. This surge has been fuelled by increasing demand from High-Net-Worth Individuals (HNIs) and Non-Resident Indians (NRIs) seeking premium living spaces with long-term growth potential.
Madhur Gupta, CEO, Hero Realty Pvt Ltd. said, “The region’s robust infrastructure development, featuring world-class amenities and transportation networks, has established it as a highly sought-after real estate destination. The Dwarka Expressway has seen a 79% price surge over the last five years, highlighting its exceptional investment potential. The growing demand for high-end residential and commercial spaces in the NCR has driven up property values, rendering the Dwarka Expressway a lucrative investment opportunity for both investors and end-users.”
A focused analysis from Knight Frank Residential Investment Advisory Report predicts that Dwarka Expressway will remain a high-growth corridor over the next decade, driven by sustained demand, infrastructure enhancements, and its strategic location. The report underscores that the expressway is well-positioned to witness sustained growth due to its strategic location and strong fundamentals. The report identifies it as one of the top five micro-markets in India with the highest potential for long-term price appreciation.
A Hub for Premium Real Estate Projects
The region has seen a rise of several premium residential and commercial projects, with leading developers launching properties that cater to the growing demand for luxurious, eco-friendly, and future-ready homes. Developers have introduced a mix of high-rise apartments, gated communities, and commercial spaces, offering options across price segments.
Future Growth Prospects
The future of Dwarka Expressway’s real estate market looks exceptionally promising. As per the JLL India Report, ongoing infrastructure projects such as metro expansions and commercial developments will further enhance the region’s connectivity and attractiveness. Additionally, the increasing interest from multinational corporations in establishing offices along the corridor is expected to fuel demand for residential spaces.
Rahul Singla, director of Mapsko Group said, “In recent years, the residential market in Gurgaon has witnessed exponential growth. Regions in and around New Gurugram, Sohna, Dwarka Expressway, SPR, and Golf Course Extension have emerged as residential real estate hotspots, and the most coveted land parcels across the entire NCR. This is due to a myriad of factors such as sustained economic growth in the region, favourable movement in interest rates, positive consumer sentiment, as well as a focused push toward urbanisation.”
Dwarka Expressway has emerged as a symbol of Gurugram’s real estate resurgence, offering unparalleled opportunities for both investors and end-users. Its strategic location, rising property values, and focus on premium developments have positioned it as a leading micro-market in NCR. With the combined momentum of government initiatives, private investment, and robust demand, Dwarka Expressway is poised to remain a beacon of growth and innovation in the Indian real estate landscape.
Source : News 18
