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Dwarka Expressway in Gurgaon experiences significant Real Estate appreciation


The Dwarka Expressway real estate market has seen a large increase in property values, indicating a good trend in the overall real estate landscape. The significant increase in property values across numerous areas along the Dwarka Expressway, shows vital insights into the changing environment of Gurgaon real estate.

In Q4 2023, the total average property price on Dwarka Expressway varied between Rs 11,300 and Rs 11,700 per sqft, representing a significant rise over the average prices of Rs 9,600 to Rs 10,000 per sqft reported in Q4 2022. Average prices in Q3 2023 ranged from Rs 10,500 to Rs 10,800 per square foot, representing a 6.5% quarter-on-quarter increase and a respectable 14.3% year-on-year gain.

The substantial development recorded in the Dwarka Expressway’s real estate market indicates the region’s resiliency and desirability. The year-on-year increase in property prices reflects the region’s ongoing desire for high-quality residences. This research is an excellent resource for investors, homebuyers, and developers interested in the Dwarka Expressway’s growing patterns.

Sector 102, Gurgaon: Located on the Dwarka Expressway, Sector 102 has had a spectacular 34.5% year-on-year rise, with typical property values ranging from Rs 10,500 to Rs 10,700 per square foot in Q4 2023. The quarterly increase rate was 6%, compared to prices ranging from Rs 9,900 to Rs 10,100 per square foot in Q3 2023 and Rs 7,400 to Rs 7,600 per square foot in Q4 2022.

Sector-37D, Gurgaon: Sector-37D, which offers residential units in the mid-income budget category, had a 36.8% year-on-year gain, with property values average between Rs 12,000 and Rs 13,000 per square foot in Q4 2023. The quarterly growth rate was 1.4%, compared to prices ranging from Rs 11,800 to Rs 11,950 per square foot in Q3 2023 and Rs 7,500 to Rs 8,000 per square foot in Q4 2022.

Area 36A, Gurgaon: In Q4 2023, average property prices in this luxury area near the Dwarka Expressway increased significantly, ranging from Rs 13,900 to Rs 14,100 per square foot, representing a 31.2% year-on-year surge. The quarter-on-quarter growth rate for the same time was 24.5%. In Q4 2022, average costs were between Rs 10,150 and Rs 10,350 per square foot, while in Q3 2023, they were between Rs 10,850 and Rs 11,050 per square foot.

Sector 104, Gurgaon: Sector 104, located on the Dwarka Expressway and featuring a mix of ready-to-move and under-construction housing units, saw an increase in average property prices in Q4 2023, ranging from Rs 10,100 to Rs 11,500 per sqft, representing a 19.7% year-on-year gain. The same era saw a 1.5% quarterly growth rate. In Q4 2022, the average price was from Rs 8,100 to Rs 8,500 per square foot, whereas in Q3 2023, it was between Rs 9,700 and Rs 9,900 per square foot.

Sector 99, Gurgaon: Dominated by land plots and ready-to-move flats, Sector 99 performed well in Q4 2023, with average prices ranging from Rs 10,500 to Rs 11,000 per sqft, representing a 31.7% year-on-year increase. The same era saw a 5.5% quarterly growth rate. In Q4 2022, the average price was from Rs 7,100 to Rs 7,525 per sqft, while in Q3 2023, it was between Rs 9,900 and Rs 10,100 per sqft.

Area 108, Gurgaon: A mid-income area in New Gurgaon that predominantly offers residential units, Sector 108 had an increase in average property prices in Q4 2023, ranging from Rs 12,800 to Rs 12,925 per sqft, representing an 18% year-on-year gain. The quarter-on-quarter growth rate for the same time was 7.2%. In Q4 2022, the average price was from Rs 10,500 to Rs 11,075 per sqft, whereas in Q3 2023, it was between Rs 11,900 and Rs 12,200 per sqft.

Sector 106, Gurgaon: Strategically placed along the Dwarka Expressway, Sector 106 saw significant year-on-year growth of 12.5% in Q4 2023, despite a modest decline in QoQ by 0.8%. The average property prices in this sector varied from Rs 11,900 to Rs 12,575 per square foot, with Q4 2022 prices ranging from Rs 10,400 to Rs 11,000 per sqft and Q3 2023 prices ranging from Rs 12,000 to Rs 12,125 per sqft.

Sector 113, Gurgaon: Sector 113, a posh area in Gurgaon, saw an 11% year-on-year increase in Q4 2023, with typical property values ranging from Rs 12,900 to Rs 13,100 per square foot. The same era saw a 5.5% quarterly growth rate. In Q4 2022, the average price varied from Rs 11,500 to Rs 11,750 per sqft, whereas in Q3 2023, it was between Rs 12,200 and Rs 12,400 per sqft.

Sector 84, Gurgaon: Sector 84’s property market had a significant  year-on-year increase of 27% in Q4 2023, with average prices ranging from Rs 10,000 to Rs 11,000 per sqft. The same era saw a 5% quarterly growth rate. In Q4 2022, the average price was from Rs 7,300 to Rs 7,700 per sqft, whereas in Q3 2023, it was between Rs 9,500 and Rs 9,710 per sqft.

Sector 99A, Gurgaon: Sector 99A, which offers residential flats and plots in the mid-income budget category, performed well in Q4 2023, with average property prices ranging from Rs 9,800 to Rs 10,000 per sqft, representing a 23% year-on-year gain. The same era saw a 7% quarterly growth rate. In Q4 2022, the average price was from Rs 7,500 to Rs 7,700 per sqft, whereas in Q3 2023, it was between Rs 9,100 and Rs 9,375 per sqft.

Sector 109, Gurgaon: One of the top sectors on the Dwarka Expressway, Sector-109 had a phenomenal year-on-year gain of 28.5% in Q4 2023, with average property values ranging from Rs 12,200 to Rs 12,400 per square foot. The same era saw a 39% quarterly growth rate. In Q4 2022, the average price varied from Rs 8,700 to Rs 8,900 per square foot, while in Q3 2023, it was between Rs 8,200 and Rs 8,400 per square foot.

This data shows a constant and sustained increase trajectory in property values along the Dwarka Expressway, making it a desirable destination for potential buyers, investors, and developers.

Contact Urban Plus for the best deals in Gurgaon Real Estate.

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