Commercial · Gurgaon
Commercial Property on Dwarka Expressway, Gurgaon
Sectors 99–113 · NCR's newest Grade-A commercial frontier
Market overview: Dwarka Expressway
The 29 km Dwarka Expressway (NH-248BB) is the first fully access-controlled urban expressway in NCR, and its commercial story is only now beginning. Residential delivery ran ahead of retail and office by roughly five years — which is precisely the gap a commercial investor wants to enter.
Roughly 1.2 lakh families will occupy the corridor's Sectors 99 through 113 as current residential inventory completes. That catchment currently has a fraction of the organised retail and F&B it needs, and almost no Grade-A office supply, so early commercial assets face unusually low competition.
The corridor also inherits demand from Delhi. With the Dwarka Sector 21 link and the India International Convention Centre at Dwarka Sector 25 operational, businesses that need a Delhi-adjacent address at Gurgaon rates now have a credible option for the first time.
Why invest in Dwarka Expressway
Catchment ahead of supply
Residential occupancy is compounding faster than retail delivery. Early operators on the corridor capture a captive, high-income catchment with minimal competitive pressure.
Yields above residential
Grade-A retail and office on the corridor is transacting at 7–9% gross yields versus 2–3% on residential — the widest spread of any Gurgaon micro-market.
Airport and convention adjacency
IGI Airport is 15–20 minutes and the Yashobhoomi convention centre is on the Delhi end, supporting hospitality, serviced office and MICE-linked retail demand.
SCO plot format
Haryana's SCO (Shop-cum-Office) policy allows freehold plotted commercial ownership with flexible build-out — the highest-control commercial format available to a private investor in Gurgaon.
Price trends & property appreciation
| Period / corridor | Indicative rate | What drove it |
|---|---|---|
| 2021 | ₹9,000–13,000 / sq.ft | Expressway incomplete; commercial largely pre-launch |
| 2023 | ₹13,000–18,000 / sq.ft | Haryana stretch opens; SCO plots see first re-rating |
| 2025 | ₹18,000–26,000 / sq.ft | Full expressway commissioned; retail leasing begins |
| 2026 | ₹22,000–34,000 / sq.ft | Grade-A office entry; front-line retail commands premium |
Commercial assets on Dwarka Expressway have appreciated 90–130% since 2021, outpacing residential on the same corridor. Forward returns depend heavily on unit selection: ground-floor frontage and anchor-adjacent retail should hold 14–18% annually, while upper-floor unbranded office space will lag.
Government circle rates
- Dwarka Expressway (Sec 111) · Residential₹52,000 / sq.yd · market ₹16,500 / sq.ft
Connectivity & social infrastructure
How to reach Dwarka Expressway
- ›8-lane access-controlled expressway from Shiv Murti (Delhi) to Kherki Daula (NH-48)
- ›India's longest urban road tunnel at Dwarka Sector 25 and a 9 km elevated section through Gurgaon
- ›IGI Airport Terminal 3 in 15–20 minutes via the Delhi end
- ›Direct interchange with NH-48, CPR and the Northern Peripheral Road grid
- ›UER-II connectivity links the corridor to North and West Delhi without entering the city
Nearest metro stations
- Dwarka Sector 21 (Blue/Airport Line)6–14 km
- Proposed Metro extension along Dwarka ExpresswaySanctioned corridor
- Millennium City Centre (Yellow Line)14–20 km
Schools
- GD Goenka Signature School4 km
- Delhi Public School, Sector 1022 km
- St. Xavier's High School, Sector 818 km
- Presidium School, Sector 1063 km
Hospitals
- Aarvy Healthcare, Sector 1023 km
- Signature Advanced Super Speciality, Sector 37D6 km
- Manipal Hospital, Dwarka12 km
- Medanta – The Medicity20 km
Shopping malls & high streets
- Elan Miracle, Sector 8410 km
- Sector 102–104 retail high streetOn corridor
- Vegas Mall, Dwarka12 km
- Yashobhoomi (IICC), Dwarka Sector 2510 km
Corporate hubs
- Cyber City25–30 min
- Udyog Vihar25 min
- Aerocity, Delhi20 min
- Sector 74–78 industrial belt15 min
Upcoming infrastructure
Metro along Dwarka Expressway
A sanctioned corridor connecting Dwarka Sector 21 with the Gurgaon sectors will remove the corridor's only remaining structural weakness — the absence of mass transit.
Yashobhoomi / IICC phase 2
India's largest convention venue at the Delhi end drives sustained hospitality, serviced-office and event-retail demand into the adjoining Gurgaon sectors.
Sector 102–113 commercial delivery
Multiple Grade-A retail and office completions between 2026 and 2029 will establish the corridor's first genuine business district.
Builder comparison in Dwarka Expressway
Elan projects in Dwarka Expressway
₹1.5 Cr – ₹12 CrThe corridor's strongest retail brand — high footfall design, entertainment anchors, aggressive leasing.
M3M projects in Dwarka Expressway
₹1.2 Cr – ₹10 CrMixed-use scale with residential catchment built in. Good for early-entry retail with captive footfall.
AIPL projects in Dwarka Expressway
₹2 Cr – ₹25 CrGrade-A office and business-club formats with institutional-quality property management.
Signature Global projects in Dwarka Expressway
₹75 L – ₹4 CrVolume SCO and neighbourhood retail at accessible ticket sizes — the entry point for first-time commercial buyers.
Available projects in Dwarka Expressway
Ongoing projects in Dwarka Expressway
M3M · ongoing
M3M Crown
Sector 111, Dwarka Expressway · 3 BHK, 4 BHK
₹3.9 Cr onwards · ₹18,500/sq.ft
Godrej · ongoing
Godrej Meridien
Sector 106, Dwarka Expressway · 3 BHK, 4 BHK, 5 BHK
₹4.2 Cr onwards · ₹19,000/sq.ft
Godrej Properties · ongoing
Godrej Vrikshya
Sector 103, Dwarka Expressway · 3 BHK, 4 BHK
₹3.8 Cr onwards · ₹17,500/sq.ft
Sobha · ongoing
Sobha Altus
Sector 106, Dwarka Expressway · 3.5 BHK, 4.5 BHK
₹5.1 Cr onwards · ₹20,500/sq.ft
Emaar India · ongoing
Emaar Urban Ascent
Sector 112, Dwarka Expressway · 3 BHK, 4 BHK
₹4.1 Cr onwards · ₹18,500/sq.ft
Puri Constructions · ongoing
Puri Diplomatic Residences
Sector 111, Dwarka Expressway · 4 BHK, 5 BHK
₹8.4 Cr onwards · ₹27,500/sq.ft
Vatika Group · ongoing
Vatika Sovereign Park
Sector 99 · 3 BHK Floors, 4 BHK Floors
₹2.1 Cr onwards · ₹11,500/sq.ft
Elan Group · ongoing
Elan Miracle
Sector 84, Dwarka Expressway · Retail shops, Food court, Multiplex
₹0.85 Cr onwards · ₹22,000/sq.ft
Conscient Infrastructure · ongoing
Conscient One
Sector 109, Dwarka Expressway · Retail shops, Office suites
₹0.7 Cr onwards · ₹17,500/sq.ft
Conscient · ongoing
Conscient SOHO
Sector 99A · Retail shops, Studio offices, Serviced suites
₹0.55 Cr onwards · ₹17,500/sq.ft
M3M · ongoing
M3M Capital Walk
Sector 113, Dwarka Expressway · High-street retail, F&B, Studio offices
₹1 Cr onwards · ₹27,500/sq.ft
New launch & upcoming projects in Dwarka Expressway
Emaar India · upcoming
Emaar The 88
Sector 112, Dwarka Expressway · 4 BHK
₹6.9 Cr onwards · ₹22,500/sq.ft
Whiteland Corporation · upcoming
Whiteland Westin Residences
Sector 103 · 3 BHK, 4 BHK, Penthouses
₹11.5 Cr onwards · ₹29,500/sq.ft
M3M · upcoming
M3M Mansion
Sector 113 · 3.5 BHK, 4.5 BHK
₹6.4 Cr onwards · ₹21,500/sq.ft
Godrej · upcoming
Godrej Vrikshya
Sector 103 · 3 BHK, 4 BHK
₹3.4 Cr onwards · ₹15,800/sq.ft
Sobha · upcoming
Sobha Altus Phase 2
Sector 106 · 3.5 BHK, 4.5 BHK
₹5.6 Cr onwards · ₹19,500/sq.ft
Elan · upcoming
Elan The Emperor
Sector 106 · 4 BHK, Penthouse
₹8.5 Cr onwards · ₹23,000/sq.ft
Whiteland · upcoming
Whiteland Westin Residences Phase 2
Sector 103 · 3.5 BHK, 4.5 BHK
₹6.1 Cr onwards · ₹20,500/sq.ft
Delivered projects in Dwarka Expressway
Dwarka Expressway on the map
Dwarka Expressway FAQs
Is commercial property on Dwarka Expressway a good investment?
Yes, with careful unit selection. The corridor's residential catchment is far ahead of its retail and office supply, and yields of 7–9% are well above the Gurgaon average. Ground-floor frontage and anchor-adjacent retail carry the strongest case.
What is an SCO plot and should I buy one here?
SCO (Shop-cum-Office) is Haryana's freehold plotted commercial format allowing you to build and configure your own G+4 block. It gives maximum control and no shared maintenance disputes, but requires construction capital and takes 18–30 months to become income-producing.
What rental yield can I expect?
7–9% gross on retail with a committed tenant, 6–7.5% on Grade-A office. Assured-return offers above 10% should be treated with caution and verified against the developer's balance sheet.
How far is the airport?
15–20 minutes to IGI Terminal 3 from the Delhi end of the expressway, and 25–30 minutes from the Kherki Daula end.
Explore related locations & guides
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Dwarka Expressway · The Delhi-border sector
Commercial SCO Plots in Gurgaon
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