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Golf Course Extension Road & Dwarka Expressway: Hotspots of high real estate demand in Gurugram

Priya Singh | 2023-09-19

Gurugram has firmly established itself as a primary destination for luxury residences, and several key factors have fueled its prominence in this segment.

The real estate sector in India has witnessed a noteworthy surge in demand and transactions over the past couple of years. The sector, which grappled with high pre-COVID inventory levels, now faces a different scenario with restricted supply in many high-demand cities and neighborhoods. Among these, Gurugram stands out as a city witnessing an upsurge in demand across the entire residential housing spectrum, encompassing affordable and luxury options, independent houses, floors, and plots.

Recent data from Magicbricks reveals that Gurugram has experienced an impressive quarter-on-quarter (QoQ) growth of 28.9% in property demand, surpassing the national average of 10.4%. This demand surge is largely attributed to Gurugram’s burgeoning status as a commercial and technological hub, magnetizing a substantial workforce in pursuit of quality housing solutions. Gurugram has firmly established itself as a primary destination for luxury residences, and several key factors have fueled its prominence in this segment.
Notably, within Gurugram, the demand focal points are predominantly the Golf Course Extension Road and the Dwarka Expressway. With the increasing demand in mind, numerous developers are gearing up to introduce real estate projects either in the near future or during the upcoming festive season to capitalize on the opportunity