Dwarka Expressway: Driving Real Estate Growth in NCR
Dwarka Expressway, also known as the Northern Peripheral Road has emerged as one of the most promising real estate corridors in the National Capital Region (NCR). Spanning approximately over 29 kilometers, this eight-lane expressway connects Dwarka in Delhi to Gurugram and provides seamless access to Indira Gandhi International Airport. Once a relatively underdeveloped area, the region surrounding Dwarka Expressway has transformed into a vibrant hub of real estate activities, driven by strategic infrastructure development, robust connectivity, and rising demand for high-quality residential and commercial spaces.
Delhi NCR: Dwarka Expressway, also known as the Northern Peripheral Road has emerged as one of the most promising real estate corridors in the National Capital Region (NCR). Spanning approximately over 29 kilometers, this eight-lane expressway connects Dwarka in Delhi to Gurugram and provides seamless access to Indira Gandhi International Airport. Once a relatively underdeveloped area, the region surrounding Dwarka Expressway has transformed into a vibrant hub of real estate activities, driven by strategic infrastructure development, robust connectivity, and rising demand for high-quality residential and commercial spaces.
The expressway has positioned itself as a preferred destination for investors and homebuyers alike, with significant property price appreciation and the emergence of premium residential projects. Insights from the ANAROCK Micro Market Overview Report reveal that Dwarka Expressway has consistently outperformed other micro-markets in Gurugram, with an average price appreciation of 80% over the last five years. The report further highlights a marked increase in the supply of luxury projects along the expressway, with a focus on sustainable construction and green building certifications. These developments cater to the evolving preferences of buyers, who seek 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. The emphasis on creating sustainable, integrated communities ensures that this region will continue to thrive as a top real estate destination. We have signed an agreement with Marriott International Inc. to bring Westin Residences to Gurugram. The Westin Residences Gurugram is poised to be the largest branded residences and the first standalone residential property under the Westin brand, without an on - site hotel. With the Westin Residences Gurugram, we will also bring the highest standards of wellness, personalized services, and global amenities directly to our homeowners. This evolution will not just be about offering a stellar customer experience, it's about offering an enhanced quality of life where residents will be able to enjoy the comforts and convenience of a resort-like environment in their own homes. By collaborating the esteemed hospitality brands like Marriott International, the real estate sector in India can cater to the discerning tastes of global citizens, making the country a preferred destination for premium investments." said Sudeep Bhatt, Director Strategy, Whiteland Corporation.
Strategic Connectivity and Infrastructure Development
The strategic location of Dwarka Expressway has been a key driver of its growth. It 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.
“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,” remarks Harinder Dhillon, Senior Vice President Sales, BPTP.
The JLL India Real Estate Market Outlook Report highlights that the completion of 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 centers, and educational institutions, making it a highly desirable location for both end-users and investors.
“Dwarka Expressway's connectivity to major business districts and its proximity to Delhi give it a distinct advantage over other micro-markets. It offers the perfect blend of convenience and luxury, attracting a diverse range of homebuyers,” notes Robin Pahuja, Co-Founder and Director of ElitePro Infra.
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 itself 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.
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.