Noida Expressway Housing Up 66%; Gunjur in Bengaluru Sees 69% Growth

In the world of real estate, some areas are turning into gold mines for property investors and buyers. Among them, Gunjur in Bengaluru and Noida Expressway in Delhi-NCR have caught everyone’s attention. Over the past five years, these regions have seen housing prices rise by 69% and 66% respectively. Let’s dive into why this is happening and what experts have to say.

How Much Have Prices Increased?

The numbers speak volumes. According to real estate consultant Anarock:

• Gunjur, Bengaluru: Prices have shot up from ₹5,030 per sq ft in 2019 to ₹8,500 per sq ft in 2024—a 69% increase.
• Noida Expressway, Delhi-NCR: Housing prices jumped from ₹5,075 per sq ft in 2019 to ₹8,400 per sq ft in 2024 an appreciation of 66%.
• Dwarka Expressway: This area experienced the sharpest rise, with prices soaring by 93%, from ₹5,359 per sq ft to ₹10,350 per sq ft.
• Sohna, NCR: Prices increased by 43%, rising from ₹4,120 per sq ft to ₹5,900 per sq ft.
• New Gurugram: Housing prices climbed 59%, reaching ₹6,550 per sq ft from ₹4,120 per sq ft in 2019.

These rising prices highlight the growing demand for homes in both emerging and well-established areas.

Also Read: Year End Housing Sales Fall 4% in 2024 Across Top 7 Cities

Why Are Prices Rising in These Areas?

Experts point to several reasons behind the price boom:

Noida Expressway: A Balanced Growth Hub

Vishal Raheja, the founder of InvestoXpert.com, believes Noida Expressway offers the perfect mix of affordability and growth potential. It’s a magnet for middle-class buyers and investors. With metro expansions, new expressways, and the Jewar International Airport coming soon, this area is set to grow even more. Experts predict annual price hikes of 10-15%.

Salil Kumar from CRC Group highlights that Noida Expressway has evolved into a luxury residential hub. Proximity to Greater Noida, Yamuna Expressway, and the upcoming airport adds immense value. The region has also attracted investments in commercial spaces, making it a vibrant hub for both living and working.

Bengaluru’s Gunjur: A Rising Star

Bhavesh Kothari, CEO of Property First, points out that Gunjur and other peripheral areas of Bengaluru are growing rapidly. The combination of better connectivity, affordable housing, and large land parcels is driving developers to create premium residential projects with luxury amenities and green spaces.

Angad Bedi, CMD of BCD Group, adds that residential property prices in Bengaluru’s outskirts are now outpacing those in prime locations. The pandemic also shifted buyer preferences toward spacious homes in quieter areas, fueling demand in regions like Gunjur and Devanahalli.

Dwarka Expressway: A Strategic Investment

Harinder Dhillon from BPTP describes Dwarka Expressway as a strategic investment.Backed by infrastructure development and seamless connectivity, this area has transformed into a high-demand zone. The 93% price rise reflects its potential as a top-tier residential location.

What Makes These Locations Special?

The boom in housing prices isn’t random. These areas have unique advantages:

1. Infrastructure Development: Roads, expressways, metro lines, and airports make these areas easily accessible.

2. Strategic Location: Proximity to commercial hubs, schools, hospitals, and entertainment zones adds to the appeal.

3. Affordable Alternatives: Compared to central locations like Delhi or Bengaluru city, these peripheral areas offer better prices for larger spaces.

The Experts’ Take on Future Growth

Real estate professionals agree that this upward trend will continue. As connectivity improves and more amenities are introduced, prices are expected to rise further. Whether you’re a homebuyer or an investor, these regions are worth keeping an eye on.

Should You Invest?

If you’re looking for a mix of affordability, long-term growth, and modern living, both Gunjur and Noida Expressway present excellent opportunities. With steady price appreciation and strong infrastructure backing, these areas are setting the benchmark for real estate growth in India.

Whether it’s the lush green spaces of Gunjur or the urban buzz of Noida Expressway, the choice depends on your lifestyle needs and financial goals. What’s clear, however, is that these regions are shaping the future of Indian real estate.

The remarkable rise in housing prices across Gunjur, Noida Expressway, and other developing regions highlights the shifting dynamics of India’s real estate market. These areas, once considered peripheral, are now at the forefront of urban growth, driven by infrastructure development, strategic locations, and evolving buyer preferences.

For homebuyers, this trend represents an opportunity to secure homes in thriving localities before prices climb further. For investors, it’s a chance to capitalize on consistent appreciation in value. With experts predicting continued growth, these regions are poised to become benchmarks for modern living and smart investments in the years to come.

As the landscape evolves, choosing the right location can be the key to unlocking value, comfort, and a better future. Whether you're drawn to Bengaluru's green expanses or NCR's bustling hubs, the time to act is now.

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