Fifteen years ago, what NH-48 proved, the Dwarka Expressway is now replicating a similar history for Gurugram, particularly for New Gurugram. The 29-kilometer-long (almost elevated) expressway is emerging as the lifeline of real estate projects and others that are shaping the landscape and socio-economic fabric of the district. The Dwarka Expressway has paved the way for the urban evolution of the district, serving as a gateway for business and attracting investors from across the world.
Thanks to NH-48, the Dwarka Expressway, and the Southern Peripheral Road, Gurugram stands as a high-tech city as of today. It is also the hub of top IT companies worldwide, providing job opportunities to tens of thousands of people. Not only that, Gurugram is a hub of automobile and garment industries, along with thriving ancillary factories. The journey of Gurugram over the past four to five decades has led it to be recognized as one of the fastest-growing cities globally, thanks to its superb infrastructure.
The Dwarka Expressway has significantly reduced travel time, emerging as a vital instrument for development in the region. Numerous real estate projects, including high-rise residential complexes, commercial spaces, and mixed-use developments, have sprung up along the expressway in recent years, creating new business and economic opportunities—mirroring the development in sectors and areas around the Southern Peripheral Road.
Both the Dwarka Expressway, initially known as the Northern Peripheral Road (NPR), have attracted industries such as information technology, manufacturing, finance, and healthcare. This, in turn, has accelerated employment opportunities and increased economic activities. The urban evolution along NPR (Dwarka Expressway) and SPR has been accompanied by a focus on smart infrastructure and sustainability—a rising demand in the real estate sector today. This emphasis on sustainability aligns with global trends and positions New Gurugram as a modern and responsible urban center.
Many commercial and residential projects incorporate green building practices, renewable energy sources, and efficient waste management systems. Signature Global, a trustworthy real estate company, has pioneered in this regard and is well-recognized as the most law-abiding real estate promoter in the city. Recently, the Haryana government increased Gurugram’s circle rates, particularly in the sectors located along the SPR and the NPR. This increase in circle rates implies that the government is satisfied with the land and property appreciation due to higher frequencies of sale and purchase in the area. The increase in circle rates also certifies the level of infrastructure provided in New Gurugram.