With increasing demand and consistent price appreciation, Gurugram’s real estate market is experiencing robust growth. Over recent years, the city has undergone significant transformation, driven by world-class infrastructure, excellent connectivity, and the growing presence of multinational corporations. The demand for residential properties, particularly luxury housing, has surged as high-net-worth individuals and professionals seek premium living spaces with top-tier amenities. Key infrastructure projects such as the Dwarka Expressway, Southern Peripheral Road (SPR), and metro expansions are further solidifying Gurugram’s position as a prime destination for investment, offering high returns and long-term value appreciation.
According to a recent Square Yards report, the Dwarka Expressway has become Gurugram’s largest residential market post-pandemic, with the highest cumulative new supply since 2020. This surge is largely due to the inauguration of the Gurugram stretch in March 2024 and the nearing completion of the Delhi section, both of which have significantly boosted residential activity. Other emerging areas, such as New Gurgaon and Sohna, have also seen substantial growth, driven by improving infrastructure and rising demand for quality housing.
Anarock’s latest report shows that capital values of homes in the region have increased by as much as 128% since 2021, outpacing a 76% rise in rental values across various micro-markets. Specifically, NCR’s Sohna Road saw a 59% increase in capital values, while rental values rose by 47%. Emerging hotspots like Sector 37D and Sector 86 in Dwarka Expressway, New Gurgaon, Golf Course Road, and Sohna Road are gaining traction as prime investment opportunities, further propelling the market’s growth.
Sandeep Chhillar, Founder and Chairman of Landmark Group, comments, “Gurugram’s real estate market has seen tremendous growth over the years. Corridors like Dwarka Expressway and SPR are set to become future hubs for luxury real estate. With exceptional connectivity, these corridors attract both end-users and investors. As these micro-markets mature, they will offer an enhanced luxury living experience with modern amenities and sustainable infrastructure, making them a compelling choice for luxury buyers seeking long-term value.”
Pankaj Jain, Chairman and CMD of SPJ Group, adds, “While areas like Dwarka Expressway and SPR are grabbing attention, some high-potential locations remain under the radar. Sector 14 in Old Gurugram stands out as a game-changer due to its excellent connectivity via NH-48, Sadar Bazar, and the Delhi-Jaipur Expressway. The rich population density and demographic profile of Old Gurugram confirm its growth potential. We’ve capitalized on this by introducing premium retail and commercial developments in the area, expecting higher rental yields and long-term appreciation for investors.”
Gurugram’s real estate market continues to attract investors due to its combination of connectivity, commercial expansion, and luxury housing demand. The city’s growing tech hubs, MNCs, and coworking spaces have further fueled demand for both residential and commercial spaces. Furthermore, the rising preference for luxury housing with smart technology and sustainable features is reshaping the market. With higher rental yields and strong appreciation potential in emerging micro-markets, Gurugram remains a top choice for real estate investment.
Dr. Gautam Kanodia, Founder of KREEVA and Kanodia Group, remarks, “Emerging micro-markets offer high growth potential with lower initial investment, making them highly attractive for new-age investors and homebuyers seeking affordable luxury. Locations like New Gurgaon and Golf Course Road are witnessing rapid growth in infrastructure, connectivity, and luxury housing demand. The micro-market boom is here to stay, driven by the growing interest of NRIs and HNIs, along with changing lifestyle preferences.”
Ashwani Kumar of Pyramid Infratech further states, “There is strong demand for luxury properties in Gurugram, especially in micro-markets like Dwarka Expressway and SPR, which have seen double-digit capital appreciation. The ongoing infrastructure developments, such as metro extensions, have enhanced connectivity and paved the way for luxury housing projects. We see immense potential in these areas and look forward to long-term value creation for investors and end-users.”
Looking ahead, Gurugram’s real estate market is undergoing a dynamic transformation, with new investment frontiers emerging across the city. As Gurugram continues to grow, fueled by strategic developments and rising property values, it remains one of India’s most promising real estate destinations.
Related Topics:
Sydney Among the World’s Most Expensive Luxury Property Markets
Local Real Estate Market Shows Improvement Heading Into Spring
Northern Investors Shift Focus to Southern Vietnam’s Real Estate Market
