How This City Transformed Into The Real Estate Hub of North India

In the mid-90s, if one was told that a barren land stretching miles beyond South of Delhi would one day house some of India's most influential personalities and global corporates, one must have laughed it out.

Fast forward three decades, this city has India's third-highest per capita, second-largest IT hub, and largest aviation and hospitality hub. Resale prices have already breached the ₹100 crore threshold, and there's no stopping.

During the same era, two key developments unfolded.

• The Haryana government adopted a liberalisation policy that opened doors for private real estate developers.

• The expansion of Indira Gandhi International Airport was planned.

With these developments, private real estate players started entering. DLF, one of India's biggest real estate developers, saw potential where others saw wasteland. In 1981, they launched their first project—what is now known as DLF City. That was the beginning of real estate in Gurugram.

Over the years, global real estate giants like Emaar, Godrej, Tata, and Signature Global staked their claims in the city, fueling an unprecedented urban transformation.

Then came 1991 economic liberalisation. India opened its doors to the world. Global MNCs turned towards the national capital, and Gurugram seemed the obvious choice. Companies like HP, IBM, Microsoft, PwC, and Google made massive investments, turning the city into an economic juggernaut. Today, Gurugram houses more than 250 Fortune 500 companies.

The Present-Day Case Study: An Investor Paradise

Gurugram's rise isn't just about corporate parks and luxury apartments. Infrastructure played a crucial role, too. Strategic connectivity to Delhi through expressways (Southern and Central Peripheral), metro lines, and highways made real estate development inevitable. Global connectivity is boosted by proximity to the Indira Gandhi International Airport. And in recent times, it's the upcoming large-scale projects redefining real estate investments in Gurugram.

Consider these upcoming projects:

• The Gurugram to Jewar RRTS – high-speed rail network is all set to enhance regional connectivity and reduce travel time.

• The ₹800 crore elevated road and flyover projects – will decongest the city and improve logistical efficiency.

• India's first dedicated Heli Hub – to be built on Dwarka Expressway in Gurugram, is poised to turn Gurugram into a centre for air mobility and logistics.

These developments are driving growth in residential properties in Gurugram, which have record appreciation levels. In the last two years, property values have surged by 76%, with under-construction projects witnessing a 55% YoY growth. Demand is at an all-time high, with Gurugram setting new benchmarks in India's housing market. Some of India’s finest developers are already present with flagship projects like Eldeco Acclaim, Sector 2, Sohna and Conscient Parq in Sector 80.

Dwarka Expressway – Gurugram's Fastest Emerging Micro-market

As Gurugram continues to evolve and stretch itself, new micro-markets keep emerging, contributing to the city's dynamic landscape. Three notable areas—Dwarka Expressway, New Gurugram, and Sohna Road—are at the forefront.

Planned in 2006, the 29 km long, 16-lane Dwarka Expressway, also known as the Northern Peripheral Road, seamlessly connects Delhi's Shiv Murti to Gurugram's Kherki Daula Toll Plaza. This ambitious project aims to reduce travel time between the two twin cities by approximately 40%.

Beyond connectivity, it has transformed into a real estate magnet today and is recognised as India's fourth-highest appreciating micro-market. Residential properties on Dwarka Expressway in 2025 are all the rages promising substantial appreciation. Major infrastructure projects include:

• India's first Heli Hub

• Dwarka Golf Course

• Asia's largest convention centre—Yashobhoomi

• 1,000-acre Global City

If location and connectivity are the questions, the region is seamlessly connected through multi-modal infrastructure. Several large-scale developments are also ongoing, pointing towards an appreciative future.

• Connected to Southern & Central Peripheral Roads

• Delhi-Rewari train line at Sector 105 (Upcoming)

• Delhi Alwar RRTS station at Kherki Daula (Upcoming)

• An ISBT in sector 36A (Upcoming)

• Metro connectivity through Dwarka Sector 21 Blue Line & IICC (Airport Express Line) and upcoming metro stations at Sector 101, 110A, and 111

• Integration with Delhi Mumbai Industrial Corridor & the upcoming Urban Extension Road 2

For its strategic location and upcoming infrastructure developments, real estate on Dwarka Expressway has seen a remarkable 79% appreciation over five years, with leading developers like Hero Homes setting up luxury residences like The Palatial.

The Path Ahead

Gurugram's journey is far from over. It is a city constantly reinventing itself, adapting to market trends, technological advancements, and evolving consumer demands. It is no longer just Delhi's twin city but a global economic and real estate powerhouse.

And if history has taught us anything, it's that Gurugram is always one step ahead of the curve, and it appreciates those who invest early. If you think you are ready for it, get in touch with us now.