Gurgaon’s Real Estate Renaissance: What’s Powering the Boom Across Key Corridors
Gurgaon’s real estate market has entered a high-growth phase, driven by rising demand for luxury housing, record investments, and a clear shift towards emerging micro-markets. In 2024 alone, Gurgaon recorded real estate investments worth ₹88,144 crore across 124 new projects—almost double the ₹44,745 crore recorded in 2023
This surge is heavily concentrated in three key corridors: Golf Course Extension Road, Southern Peripheral Road (SPR), and the Dwarka Expressway, all of which are benefitting from robust infrastructure upgrades and new launches.
Southern Peripheral Road (SPR): Gurgaon’s Growth Engine
SPR has emerged as Gurgaon’s most active micro-market for real estate. According to industry reports, projects worth ₹50,000 crore have already been launched along SPR since 2022, with an equal volume planned by 2027 (Economic Times – SPR Growth).
The corridor links NH-48 and Sohna Road offers easy access to the Dwarka Expressway. Its connectivity, coupled with increasing luxury housing options, is positioning SPR as a well-balanced growth belt.
“SPR has emerged as the engine of Gurgaon’s urban expansion, striking a unique balance between residential, commercial, and infrastructure development. With connectivity to NH-8, Sohna Road, and the Dwarka Expressway, it is already seen as the preferred destination for both end-users and investors. At Eldeco, we see SPR as a strategic location for delivering high-quality homes that cater to the growing aspirations of urban India. The strong positive response to our projects here in sector 80 reinforces the corridor’s transformation into a vibrant, self-sustained real estate ecosystem. Manish Jaiswal, CEO, Eldeco Group
Dwarka Expressway: The Future is Now
Once considered a speculative stretch, Dwarka Expressway is now one of the hottest real estate corridors in NCR. As per a report, average property prices along the expressway have nearly doubled in four years, from ₹9,434 per sq. ft. in 2020 to ₹18,668 per sq. ft. in 2024
Between 2020 and 2024, over 15,994 units were launched here, and a remarkable 16,502 units were sold during the same period—reflecting strong absorption and investor confidence
Dr. Renu Singh, Director – Sales & Marketing, Aarize Group, the transformation of Dwarka Expressway from a proposed infrastructure promise to a dynamic real estate destination has been phenomenal. With the dwarka expressway now operational, we are seeing accelerated demand from buyers seeking premium developments with long-term growth potential. At Aarize, we are proud to contribute to this transformation with our upcoming uber luxury mall at Dwarka Expressway in sector 114, envisioned as a landmark for curated retail, fine dining, entertainment and experiential spaces. The expressway’s connectivity, proximity to Delhi Airport, the catchment area, and growing urban ecosystem make it one of the most exciting growth corridors in NCR today.
Golf Course Extension Road: Luxury at Its Peak
Golf Course Extension Road has rapidly become synonymous with upscale living and well-planned urban infrastructure. With its wide roads, green cover, proximity to Golf Course Road, and projects from top developers, the area continues to see high-end housing launches and capital appreciation.
Further boosting the area’s appeal is the planned underpass at AIT Chowk, expected to ease traffic and provide smoother access to key areas.
Conclusion: Gurgaon’s Growth Story is Just Beginning
Gurgaon is undergoing a structural transformation in its real estate market, with buyers showing strong preference for areas promising connectivity, infrastructure, and lifestyle value. Golf Course Extension Road continues to attract the ultra-luxury segment; SPR is capturing a versatile buyer base; and Dwarka Expressway has evolved into a self-sustaining urban stretch.
As developers, investors, and homebuyers continue to bet big on these corridors, Gurgaon is likely to dominate NCR’s real estate narrative for years to come.