Sales of homes priced at ₹10 crore and above on Gurugram's Dwarka Expressway rose from ₹383 crore in 2024 to ₹8,347 crore in 2025, nearly 22 times higher. The figures come from an India Sotheby's International Realty–CRE Matrix report and were highlighted again by Business Today on 8 November.
The jump in luxury deals comes as Dwarka Expressway property prices have more than doubled in five years, according to separate ANAROCK data.
The numbers: ₹383 crore to ₹8,347 crore
The 22-fold figure measures the total value of transactions in the ₹10 crore-plus band, not the number of homes sold. Outlook Money, reporting the same study in June, put the rise at 2,079%.
Across Gurugram, sales of ₹10 crore-plus homes reached ₹24,120 crore in calendar 2025, up from ₹4,004 crore in 2023. About 1,494 such homes were sold, the highest annual count recorded in the city, according to the report.
Golf Course Extension Road also grew fast. Transaction value in the segment rose 379%, and the weighted average price went from ₹24,855 per sq ft to ₹37,899 per sq ft.
Dwarka Expressway property prices: up 135% since 2021
ANAROCK data cited by Business Today show average residential prices on the corridor rose from ₹6,032 per sq ft in 2021 to ₹14,180 per sq ft in the first half of 2026, a 135% increase.
In practical terms, a 1,500 sq ft apartment that cost about ₹90.48 lakh at the 2021 average rate would cost about ₹2.13 crore today, before parking, club and other charges.
Wider NCR premium demand
The premium band below ultra-luxury is also growing. Knight Frank India data show sales of Delhi-NCR homes priced ₹2–5 crore rose 8% year on year to 15,333 units in January–September 2026. New launches in that band rose 15% to 17,273 units, so supply grew faster than sales.
Developers quoted by Business Today linked the demand to better roads and connectivity and to a growing pipeline of luxury projects. Aman Sarin, director and CEO of Anant Raj, said buyers were paying more attention to connectivity, planning, construction quality and long-term value. Anant Raj has launched The Estate One, an ultra-luxury project on Golf Course Extension Road.
Mohit Agarwal, business head at Conscient Infrastructure, said New Gurgaon was gaining prominence as infrastructure improved.
What it means for you
For end-users, the main takeaway is cost. Average prices on Dwarka Expressway are now more than double their 2021 level, so budgets set even two or three years ago may no longer stretch to the same size of flat.
For investors, the report itself warns against reading the past as a forecast. A 22-fold jump from a low base does not mean similar growth will repeat. With launches in the ₹2–5 crore band outpacing sales, buyers should check how much new supply is coming up in their chosen sector.
Before committing, buyers should check RERA registration, the builder's delivery record, the promised completion date and realistic rental yields. They should also compare prices on the same area basis.
Sources
- Business Today: Diwali 2026: ₹10 crore-plus home sales surge 22-fold to ₹8,347 crore on Dwarka Expressway; what's driving demand? — published 8 November 2026.
- Outlook Money: Dwarka Expressway Drives Gurugram's Luxury Housing Surge To Record Highs — published 12 June 2026.
Frequently asked questions
What are property prices on Dwarka Expressway in 2026?
ANAROCK data cited by Business Today put average residential prices on the corridor at ₹14,180 per sq ft in the first half of 2026, up 135% from ₹6,032 per sq ft in 2021.
How much did luxury home sales grow on Dwarka Expressway?
Sales of homes priced at ₹10 crore and above rose from ₹383 crore in 2024 to ₹8,347 crore in 2025, according to an India Sotheby's International Realty–CRE Matrix report. That is a measure of sales value, not the number of homes.
How much would a 1,500 sq ft flat on Dwarka Expressway cost now?
At the average rate, a 1,500 sq ft apartment worth about ₹90.48 lakh in 2021 would cost about ₹2.13 crore in 2026, excluding extra charges, according to the Business Today calculation.