Team Blitz India
NEW DELHI: Average housing prices in projects along Dwarka Expressway in Gurugram have risen 83 per cent in the last 10 years and are likely to appreciate further with the opening of a 19 km stretch, according to real estate experts.
According to data compiled by real estate consultant Anarock, around 53,000 housing units were launched between 2013 and 2023, and out of that over 80 per cent have already been sold.
The average prices in the primary (first sale) residential market along Dwarka Expressway have surged to Rs 8,300 per square feet (sq ft) last year from Rs 4,530 per sq ft in 2013.
Commenting on the outlook of real estate along Dwarka Expressway, Signature Global Chairman, Pradeep Aggarwal noted that Dwarka Expressway has emerged as the epicenter of real estate growth in the Delhi-NCR region.