Gurugram: Gurugram, known as IT Hub and Millennium City, is a great place to invest in real estate sector. Gurugram and Noida have emerged rapidly in Delhi-NCR and have given direction to the real estate market.

These areas have seen a tremendous increase in demand for luxury property. According to a report by property consultant ANAROCK, in the first half of 2024, about 32,200 housing units were sold in Delhi-NCR. The surprising thing is that more than 45 percent of these units were from the luxury segment while 24 percent of the units were from the affordable segment. Whereas in 2019, the sale of luxury units was only 3 percent and the sale of affordable units was 49 percent.

Dwarka Expressway and Sohna Road area of Gurugram has been established as biggest realty hotspot and people are most interested in the real estate market here. There has been a lot of change in the real estate market of Delhi NCR in the last 5 years, especially after Covid, people have started thinking about home and lifestyle. Now people are looking for such houses where there are green areas along with all the modern facilities and life can be lived comfortably.

Real estate developers also understood the sentiments and needs of the buyers and started offering options accordingly, which strengthened people’s desire to invest. Today people are buying homes and investing in areas like South of Gurugram and Dwarka Expressway of Delhi NCR.

Gurugram’s Sohna Road and Dwarka Expressway remain the biggest hotspots where home buyers are showing the most interest.

Mr. Pankaj Pal, Managing Director, Whiteland Corporation, shared his insights: “The Dwarka Expressway has emerged as one of the most dynamic real estate corridors in the Delhi NCR, witnessing an impressive price surge over the past five years. This surge underscores the region’s growing appeal among high-net-worth individuals. The micro-market has not only seen a substantial year-on-year increase but has also outpaced the national average, with luxury residences experiencing a significant 30% annual price appreciation. The strategic location, coupled with enhanced connectivity to key commercial hubs in Gurgaon, has made the Dwarka Expressway a prime destination for luxury real estate.”

Access to green spaces is linked to social cohesion and a sense of community, which improves life. In view of this increasing demand for sustainable and health-oriented living, developers and city planners are focusing on creating such societies where people can live close to nature and have a healthy lifestyle. Now this is also the demand of the people, Because people more and more give priority to their physical and mental health in their daily life.

Mr. Aman Sharma, Managing Director of Aarize Group said, “The surge in property prices along the Dwarka Expressway, as highlighted by Anarock report, underscores the area’s tremendous potential. Over the past five years, the 79% increase in property values reflects not only the growing demand but also the significant infrastructure investments fueling this growth. The rising commercial interest further validates the Dwarka Expressway’s transformation into a prime real estate destination. We are keenly aware of the opportunities this presents and are committed to contributing to the area’s development, ensuring it meets the high expectations of both residential and commercial investors.”

Dwarka Expressway
Dwarka Expressway, also known as the Northern Peripheral Road, spans approximately 29 kilometers, linking Dwarka in Delhi with Gurgaon in Haryana. The strategic location, combined with the expressway’s direct access to the Indira Gandhi International Airport and the Delhi-Mumbai Expressway, has made it a magnet for real estate development. With commercial, residential, and retail projects mushrooming along the corridor, it is quickly becoming a preferred destination for both end-users and investors. Dwarka Expressway tells the story of the development not only of Gurugram but of entire Haryana and it has been a much-awaited project of the Government of India. Due to its development, there is not only development taking place around the expressway but it has also brought a lot of convenience in the movement of people. After the completion of the work of Dwarka Expressway, which is being built at a cost of Rs 9000 crore, the future of all the areas around it is changing. Its work is to be completed in four phases. The project has two phases in Delhi and two phases in Gurugram. There has been tremendous development in this area in the last few years, and in the coming years also many types of works are going to be done here, which will enhance both the appearance and value of this place tremendously. Besides, a new Gurugram is also being developed, this area is giving a new height to the outline of the Millennium City. Hundreds of projects are going on here and people are also investing.

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.”

Dwarka Expressway and Sohna Road, which are among the fast-growing areas of New Gurugram, have the highest demand and inquiries from home buyers.

S K Narvar, Group Chairman, Trident Realty, says, “The Dwarka Expressway has completely transformed the real estate scene in Delhi NCR, turning it into a hub for luxurious housing. Its strategic connectivity has sparked an unprecedented demand for high-end properties as people seek to take advantage of the top-notch convenience and infrastructure it offers. The expressway’s proximity to major business districts, airports, and commercial hubs has only added to this demand, attracting both residents and investors alike. With its modern amenities and utilities, the Dwarka Expressway has redefined urban living, providing a perfect mix of comfort, convenience, and investment opportunities for those seeking a lavish lifestyle

Sohna Road
Gurugram’s Sohna Road remains one of the hottest choices for real estate developers these days. Actually, the Sohna-Dausa stretch of Delhi-Mumbai Expressway is near Sohna Road. This is the reason why developers want to develop the areas around it as soon as possible. This is an area where people will invest and developers expect to get high returns.

Apart from its strong connection with the Delhi-Mumbai Expressway, Sohna Road enjoys seamless access to the six-lane elevated Gurugram-Sohna Corridor (NH-248A). From here one can easily reach Gurugram’s major commercial, retail and entertainment hubs in 15 minutes, also good schools, hospitals, malls and grocery shops are very close by. The best thing is that the offices of people working in Gurugram are very close and easily accessible.