Dwarka Expressway sees 153% property price growth in 5 years on strong housing demand

Dwarka Expressway has recorded a 153% surge in property prices over the past five years, driven by housing demand across Gurugram’s micro-markets. It continues to be a location of interest for homebuyers. Stretching across 29 km, 18.9 km in Haryana and 10.1 km in Delhi, Dwarka Expressway is India’s first 16-lane highway, connecting Dwarka in Delhi to the Kherki Daula Toll Plaza in Gurugram, Haryana.

According to MagicBricks, the average price of high-rise apartments on Dwarka Expressway is estimated at ₹14,342 per sq. ft., marking a 153% increase over the past five years. This increase in property prices reflects demand for homes along this corridor.

“Property prices on Dwarka Expressway have more than doubled over the past five years, which is a result of the area’s infrastructure development and demand. The area offers connectivity along with the presence of major real estate developers, making it a location of interest for homebuyers," says Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation.

Infrastructure development has impacted real estate growth, and Dwarka Expressway is an example of this trend. With upcoming projects such as tunnels, metro corridors, and expressway links, the region may see more growth in the coming years, supporting its residential and investment potential.

The launch pipeline on Dwarka Expressway remains active, with developers expected to add over 25,000 housing units in this micro market in the next three years, according to Square Yards.

Also in place is a 5.1 km tunnel aimed at improving travel and reducing congestion. The tunnel has two parts—one stretch, 3.6 km with eight lanes, connects the expressway to Indira Gandhi International (IGI) Airport, reducing travel time for airport commuters. The other, a 1.5 km two-lane segment, connects the expressway to NH-48 towards Gurugram, easing traffic on the Delhi-Gurugram corridor.

A new 5-km underground tunnel is also planned in South Delhi. The ₹3,500-crore project by NHAI will create a link between Shiv Murti-Mahipalpur near Dwarka Expressway and Nelson Mandela Road in Vasant Kunj, reducing traffic towards Dwarka and Gurugram. Construction is expected to begin in early 2026.

A proposed metro corridor from HUDA City Centre to Cyber City, with a branch connecting Dwarka Expressway, is also expected to improve connectivity in the region. Spanning 28.5 km, this metro link will provide access to parts of the city, supporting commuting for residents and professionals.

Stakeholders say with property demand rising and infrastructure improving, the area could become one of the key residential locations in the region.