Signature Global has emerged as the market leader in the Dwarka Expressway region, as per a recent report by Square Yards which pegs the total annual residential new supply along Dwarka Expressway at 10,000 units per annum since 2020, compared to 5,000–7,000 new units launched per annum in the pre-pandemic period.
According to Square Yards, among the prominent players, Signature Global has emerged as the market leader post-pandemic, accounting for the highest share of new launches in the past four years with their flagship development, Signature Global City in Sector 37D, offering the largest number of units in the region. Close on its heels is M3M, with projects M3M Crown and M3M Capital, located in the sectors near the international airport. Other notable contributors include Conscient One, Smart World Developers, Sobha Realty, and Krisumi Corporation, all of whom cater predominantly to the luxury residential segment.
Signature Global’s flagship premium project – ‘De-luxe DXP’ – located at Sector 37D, has helped it cement its strong presence alongside Dwarka Expressway. The premium residential project, spread over 16.65 acres, offers 1008 units across eight towers, featuring 3BHK, 3.5BHK, 4.5BHK apartments, and penthouses. The company received an overwhelming response for this project earlier this year with sales booking exceeding over Rs 3,600 crore for Deluxe DXP.
The company has a strong pipeline of 32.2 million square feet of saleable area in its forthcoming projects some of which are also located along Dwarka Expressway. Currently, it is developing 16.4 million square feet of ongoing projects.
Dwarka Expressway has become a prime destination for the real estate sector luring top developers to its fold. Besides Signature Global, several well-known developers have also launched a large number of units alongside Dwarka Expressway, which reinforces the region’s growing appeal among leading real estate players. These include the likes of M3M, Conscient One, Tata Realty, Sobha Realty, Godrej, Indiabulls, Hero Realty, BPTP, Max Estates, Emaar and Adani Realty, among others.
Key Players and Projects in Dwarka Expressway
Note: As per calendar year. Includes primary residential properties only.
Source: RERA, Square Yards
In terms of price appreciation too, Dwarka Expressway has witnessed a significant jump. According to the Square Yards report, in 2024, property prices along Dwarka Expressway saw a substantial 29% rise compared to the previous year, with current average rates ranging from Rs. 12,000 to Rs. 14,000 per sq. ft. Several leading developers have launched projects that exceed these price benchmarks.
Commenting the development, Pradeep Aggarwal, Founder & Chairman of Signature Global (India) Ltd, said, “Location remains the cornerstone for buyers and investors in the housing market. Dwarka Expressway has emerged as a real estate hotspot due to its seamless connectivity across Delhi NCR and Gurugram, coupled with immense growth potential. According to a recent CREDAI–Colliers–LiasesForas report, regions like Dwarka Expressway, Golf Course Extension Road, and Sohna Road have witnessed over 50% annual price appreciation, underscoring their strong demand and investment appeal.”
“At Signature Global, we have strategically positioned ourselves in these high-growth zones. Our premium projects, De Luxe DXP in Sector 37D and Twin Tower DXP in Sector 84, Gurugram, along Dwarka Expressway, and Daxin at South of Gurugram (Sohna) reflect this vision. The successful launches of De Luxe DXP, Daxin and Twin Tower DXP reaffirms the unmatched potential and buyer interest in this thriving corridor.”
Square Yards’ market insights also reveal that investor interest in Dwarka Expressway marginally exceeds that of end-users. Approximately 50% of homebuyers are now targeting properties priced above Rs. 1 crore, with a notable 16% of this group focusing on properties exceeding Rs 2 crore. Property prices in the region have experienced steady appreciation, with values nearly doubling since 2019.
The future of Dwarka Expressway’s residential market looks promising, with a robust pipeline of over 25,000 new units set to be completed and delivered within the next three years. This confidence is underscored by the entry of several notable developers, including Tata Realty, Sobha Realty, Godrej, Indiabulls, Hero Realty, BPTP, Max Estate, Emaar and Adani Realty, who have existing or ongoing projects in the micromarket.
Source : FE
