The National Capital Region (NCR) has evolved from a historically turbulent real estate market into one of India’s most dynamic property arenas. Recent trends highlight a surge in luxury housing, with ANAROCK data showing that in the first half of 2024, over 45% of the 32,200 housing units sold were in the luxury segment. This is a notable shift from 2019, when luxury homes represented only 3% of sales.
Among the most promising areas for real estate investment in Delhi-NCR are Dwarka Expressway, Sohna Road, and Noida Expressway. These micro-markets are rapidly developing and offer substantial opportunities for savvy investors. The Dwarka Expressway, a Rs 9,000-crore project connecting Delhi’s Dwarka to Gurugram’s Kherki Daula, has significantly boosted the real estate market in the region. With recent developments, including the inauguration of an underpass and new service roads, property values are expected to rise. Vikas Garg, Joint Managing Director of Ganga Realty, notes that sectors like 84 and 85 are becoming prime zones for luxury housing due to the expressway’s enhanced connectivity and infrastructure.
Sohna Road is emerging as a hot investment spot, driven by its proximity to the Delhi-Mumbai Expressway. This crucial link has spurred substantial real estate investments in the area. The road also benefits from access to the Gurugram-Sohna corridor, making it highly accessible to major commercial hubs. Saransh Trehan, Managing Director of Trehan Group, highlights the appeal of Sohna Road’s blend of natural surroundings and modern amenities, which cater to homebuyers seeking a balance between urban and suburban living.
The Noida-Greater Noida Expressway has become a focal point for commercial and retail development. Its excellent connectivity to Delhi and the upcoming Jewar Airport, combined with infrastructure projects like the Aqua Metro line, enhances its appeal. Dushyant Singh, Director of Orion One 32, explains that the expressway’s strategic location and robust infrastructure are attracting retail developers and businesses, leading to a surge in high-end commercial spaces and shopping malls.
