Gurugram Metro extension groundbreaking aims to bridge the mobility gap between old and new parts of the city, ease commute, and boost real estate potential
Union Housing and Urban Affairs Minister Manohar Lal Khattar and Haryana Chief Minister Naib Singh Saini on September 5 laid the foundation stone for the Gurugram Metro extension project. The new 28.5 km corridor will link Old Gurugram with New Gurugram, featuring 27 stations along its route. This extension aims to boost connectivity between key business hubs, reduce traffic congestion, and provide a smoother commute for residents in the city’s older sectors.
Addressing an event after the ‘bhoomi pujan’, Khattar said the 28.5 km-long metro corridor from Millennium City Centre via Cyber City up to Dwarka Expressway will cost around ₹5,500 crore.
The stations are planned at Subhash Chowk, Hero Honda Chowk, Udyog Vihar, Palam Vihar, among others and the project will be completed in four years. The metro line will give Gurugram a distinct identity, said Khattar, a former chief minister of Haryana.
He also said metro extension plans – Rejangla Chowk to Dwarka Sector-21, Sector-56 to Pachgaon – and the Namo Metro Corridor between Delhi-Karnal, Delhi-Neemrana, and Gurugram-Noida via Faridabad will improve connectivity between Gurugram and Delhi and the entire National Capital Region.
Real estate experts said that more than just a transport upgrade, the project is designed to bridge the mobility gap between Old and New Gurugram, ease daily commute, and unlock real estate potential across both established and emerging corridors. By doing so, it is expected to boost demand in both primary and secondary housing markets and redefine the city’s growth trajectory.
The project will be executed by the Gurugram Metro Rail Limited (GMRL), a special purpose vehicle (SPV) jointly owned by the Haryana government and the Central Government, and the Haryana Mass Rapid Transport Corporation Limited (HMRTC), which serves as the implementation agency.
Currently, the city operates only two metro lines, a 7 km section of Delhi Metro’s Yellow Line and a 12.85-km Rapid Metro corridor.
“The launch of Gurugram’s new metro line marks a transformative shift in urban mobility. This new metro line is expected to reduce travel times and enhance connectivity to key business districts, residential areas, and essential amenities. As convenience becomes a priority for homebuyers and residents, this infrastructure is likely to drive demand, especially for premium and luxury properties. Improved connectivity will enhance daily life and support property value growth across Gurugram’s real estate market,” said Harinder Dhillon, National Sales Head, BPTP.
While property prices in Old Gurgaon may see limited impact due to saturation, experts expect some redevelopment, similar to Delhi’s Metro-linked areas. The corridor is also expected to boost projects along the Dwarka Expressway, where both residential and commercial supply is relatively new, said real estate experts.
Metro expansion: Gurugram’s connectivity game-changer
The new metro line will loop from the Millennium City Centre Metro Station (formerly HUDA City Centre) to Cyber City at Moulsari Avenue, covering the entire old Gurugram region. A strategic 1.85-km spur will also connect the route to the Dwarka Expressway, further integrating Gurugram into Delhi-NCR’s mobility network.
The planned stations include key nodes such as Millennium City Centre, Cyber Park, Hero Honda Chowk, Udyog Vihar, Palam Vihar, Ashok Vihar, Subhash Chowk, and Basai Village. Once operational, the project will significantly reduce traffic congestion, enhance ease of commuting, and bridge the connectivity gap between Old and New Gurugram.
Will it provide a fillip to Gurugram’s real estate market?
Improved connectivity has been a catalyst for real estate growth, and Gurugram is no exception. Experts believe the metro expansion will rejuvenate property values across several sectors, particularly in Old Gurugram localities such as Sector 4, 5, 9, 10, 22, 23, 47, 48, 72 Palam Vihar, Ashok Vihar, and Udyog Vihar.
“Prices in most areas of Old Gurugram have already risen by 15–20% following the announcement of this corridor. Palam Vihar and Ashok Vihar are among the localities witnessing appreciation,” said Dinesh Sharma, a local property consultant. Rates have risen from about ₹50,000 per sq yd earlier to ₹70,000–80,000 per sq yd now.
While many real estate experts believe property prices in Old Gurgaon’s saturated, high-density sectors may remain largely unaffected, some residential pockets could see redevelopment, similar to established Metro-linked areas in Delhi.
The project’s transit-oriented development potential may also spur new commercial spaces, with rates expected to rise by 15–20%. Additionally, a fresh supply of builder floors could emerge, offering more affordable options for buyers who often find projects in New Gurugram beyond their budget.
In Gurugram’s old sectors such as 4, 5, 9, and 10, a newly built 3BHK builder floor on a 250 sq yd plot costs ₹2–3 crore, while in sectors like 37, 45, 46, 47, 48, 50, 51, and 72, prices start at around ₹3.5 crore, said Sharma.
“The first phase of Gurugram Metro connecting Delhi Metro’s Millenium City Centre to Dwarka Expressway will improve the overall connectivity of Gurugram, further enhancing its value proposition within Delhi NCR. Once operational, the metro is likely to elevate the real estate landscape along the corridor, particularly suburban and peripheral areas such as Sohna Road, Southern Peripheral Road, Golf Course Extension Road and Dwarka Expressway,” said Vimal Nadar, National Director and Head, Research at Colliers India.
Grade A office space uptake is likely to get a boost in these areas, pushing average rentals in key micro markets upwards by 5-10% on an annual basis. Residential demand too can gain traction over the next few years, buoyed by infrastructure upgrade driven end-user interest. Additionally, investor appetite in properties close to the upcoming metro stations can be on an upswing, he said.
Dwarka Expressway: The hotspot
Real estate expert Pradeep Mishra, founder and director of Oram Group, said that “Since 2020, annual residential supply in Dwarka Expressway has consistently exceeded 10,000 units, compared to 5,000–7,000 units in the pre-pandemic years. Developers are actively launching projects, and over 25,000 units are slated for delivery in the next three years,” Mishra said.
Also, the average rates along Dwarka Expressway currently range between ₹12,000– ₹14,000 per sq. ft. and have witnessed a 29% jump in 2024 alone. Premium projects by leading developers have already crossed this benchmark.
“In 2010, land parcels along Dwarka Expressway were sold at ₹40,000 per square yard. Today, these same plots command ₹3 lakh per square yard. Similarly, apartments bought at ₹2,500 per sq. ft. in 2010 are now worth ₹12,500 per sq. ft,” he explained.
Sudeep Bhatt, director, Strategy, at Whiteland Corporation, said, “The foundation of the new metro line reaffirms Gurugram’s position as a future-ready city. Enhanced connectivity will not only improve the daily lives of thousands of commuters but also contribute to planned urban development. For real estate, this will help boost demand for both primary and secondary markets. Over the next few years, we expect property prices to witness significant appreciation, especially in micro-markets directly connected through this metro corridor.”
“The laying of the foundation stone for the new Gurugram metro line is a landmark step in strengthening the city’s infrastructure. Improved connectivity through metro expansion will not only ease the commute for residents but also unlock immense real estate potential along the corridor. With enhanced accessibility to business hubs and residential clusters, we anticipate a strong surge in housing demand across Gurugram and neighbouring towns,” Mohit Malhotra, founder and CEO, Neoliv said.
Sumit Ranjan, COO of Roots Developers, said that “With seamless metro connectivity being a long-awaited demand from both investors and end-users, we foresee this project driving capital appreciation and strengthening rental yields.”
Parvesh Sharma is a journalist with over 15 years of experience covering real estate, infrastructure, and a wide range of civic and developmental beats in Gurugram