The National Capital Region (NCR) is undergoing a dynamic shift in its real estate landscape, with Dwarka Expressway emerging as one of the most attractive micro-markets. This surge in demand is largely driven by extensive infrastructure developments, including expanded road networks, improved internal infrastructure, and a planned metro link that will enhance connectivity further. The expressway saw a remarkable 30% rise in the average price of new property launches between July 2023 and July 2024.
Data from property consulting firm Anarock shows the evolution of Delhi-NCR’s real estate market over the past five years, positioning Gurugram as a prime investment hub. Key areas like Dwarka Expressway and Sohna Road are leading this growth, attracting both investors and end-users due to improved connectivity and strong infrastructure support. Dwarka Expressway ranks fourth in price appreciation among NCR’s top micro-markets, and eighth in housing supply, with 20,250 units launched between 2019 and mid-2024. Notably, Sector 37D along Dwarka Expressway has been the focus of significant infrastructure improvements, including new road projects and upgrades in internal roads, water supply, and sewage systems.
In response to the growing demand in this vibrant micro-market Signature Global launched its DE LUXE-DXP project along the Dwarka Expressway corridor in March 2024. This premium housing project achieved record-breaking pre-sales of Rs 3,600 crore within few days of its launch. Expanding on its commitment to high-quality construction, Signature Global awarded a construction contract worth Rs 1,144 crore to Ahluwalia Contracts for DE LUXE-DXP recently. Spanning 16.65 acres in Sector 37D, this project will feature 1,008 units, complemented by amenities like clubhouses, swimming pools, and high-street retail spaces.
Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd., shared his vision for the future, saying, “Dwarka Expressway is a strategic micro-market for Signature Global, aligning with our focus on prime locations that deliver long-term value. With upcoming metro connectivity and extensive infrastructure upgrades in Sector 37D, we believe this corridor will set the benchmark for modern living in NCR. Our premium project DE LUXE-DXP reflects our commitment to this market, where we aim to create enduring value by blending superior quality with sustainable practices. By remaining focused on key micro-markets like Dwarka Expressway, we are well positioned to meet the evolving demands of our customers with offering innovation and excellence in our forthcoming projects”