Dwarka Expressway: Surging Property Values in Gurgaon

Dwarka Expressway Surging Property Values In Gurgaon!

The real estate market along Dwarka Expressway has experienced a substantial uptick in property prices, signaling a positive trend in the broader real estate landscape, according to the latest report from Geetanjali Homestate. This report highlights the noteworthy appreciation in property values across various sectors on Dwarka Expressway, offering valuable insights into the dynamic real estate scenario in Gurgaon.

In the fourth quarter of 2023, the average property price on Dwarka Expressway ranged from Rs 11,300 to Rs 11,700 per sqft, showcasing a significant increase compared to the average prices of Rs 9,600 to Rs 10,000 per sqft recorded in the same period in 2022. The report indicates a robust quarter-on-quarter growth of 6.5% and an impressive year-on-year growth of 14.3% in property prices.

Sunil Sisodiya, the founder of Geetanjali Homestate, remarked on these findings, stating, “The robust growth observed in Dwarka Expressway’s real estate market reflects the resilience and attractiveness of this region. The year-on-year surge in property prices is a testament to the sustained demand for quality properties in the area. This report serves as a valuable resource for investors, homebuyers, and developers seeking insights into the evolving trends along Dwarka Expressway.”

Geetanjali Homestate’s comprehensive report delves into specific trends observed in various sectors along Dwarka Expressway:

Sector 102, Gurgaon:

Located on Dwarka Expressway, Sector 102 has witnessed a remarkable year-on-year growth of 34.5%, with average property prices ranging from Rs 10,500 to Rs 10,700 per sqft in Q4 2023.

Sector-37D, Gurgaon:

Offering residential apartments in the mid-income budget segment, Sector-37D experienced significant year-on-year growth of 36.8%, with property prices averaging between Rs 12,000 and Rs 13,000 per sqft in Q4 2023.

Sector 36A, Gurgaon:

This premium sector near Dwarka Expressway witnessed a substantial increase in average property prices, ranging from Rs 13,900 to Rs 14,100 per sqft in Q4 2023, showcasing substantial year-on-year growth of 31.2%.

Sector 104, Gurgaon:

Positioned on Dwarka Expressway and offering a blend of ready-to-move and under-construction housing units, Sector 104 experienced an uptick in average property prices, ranging from Rs 10,100 to Rs 11,500 per sqft in Q4 2023.

Sector 99, Gurgaon:

Dominated by land plots and ready-to-move apartments, Sector-99 exhibited robust performance in Q4 2023, with average prices ranging from Rs 10,500 to Rs 11,000 per sqft, reflecting a notable year-on-year growth of 31.7%.

Sector 108, Gurgaon:

A mid-income sector in New Gurgaon, primarily offering residential apartments, Sector-108 saw an increase in average property prices in Q4 2023, ranging from Rs 12,800 to Rs 12,925 per sqft.

Sector 106, Gurgaon:

Strategically located along Dwarka Expressway, Sector 106 showcased positive year-on-year growth of 12.5% in Q4 2023.

Sector 84, Gurgaon:

Experiencing substantial year-on-year growth of 27% in Q4 2023, Sector 84’s property market saw average prices ranging from Rs 10,000 to Rs 11,000 per sqft.

Sector 109, Gurgaon:

One of the premium sectors on Dwarka Expressway, Sector-109 witnessed a remarkable year-on-year growth of 28.5% in Q4 2023.

Sector 99A, Gurgaon:

Offering residential apartments and plots in the mid-income budget segment, Sector 99A witnessed impressive performance in Q4 2023.

Sector 113, Gurgaon:

A luxury locality in Gurgaon, Sector 113 demonstrated a year-on-year growth of 11% in Q4 2023.

Conclusion:

The surge in property values along Dwarka Expressway in Gurgaon signifies a promising trend for the real estate sector. With substantial growth rates recorded across different sectors, this dynamic landscape offers lucrative opportunities for investors, homebuyers, and developers. Geetanjali Homestate’s comprehensive report sheds light on the evolving trends, reinforcing Dwarka Expressway’s status as a vibrant and sought-after destination in the Gurgaon real estate market. As the journey of development continues, the expressway remains a beacon of growth and potential for all stakeholders involved.