Over the past decade, Dwarka has transformed from a suburb saddled with myriad civic problems into one of the most sought-after addresses in the Capital

It’s 4pm, and Amit Sharma, a real estate agent in Dwarka, is engrossed in a meeting with a couple from Gurugram, who are interested in buying a three-bedroom apartment in the sub-city. Sharma diligently suggests a diverse range of properties available within the price range of ₹1.6 to 2 crore. “You see, prices have risen by 25% over the past two years,” he tells the couple, both IT professionals, who feel the cost is a bit beyond their budget. Twenty minutes later, as his clients depart, he shifts his attention to us.

There was a time when most of my clients only wanted to sell their property in Dwarka, but now, we have people from all over Delhi and Gurugram eager to buy property here. The demand far outweighs the supply,” says Sharma, whose father ventured into Dwarka’s real estate market in the late 1980s, when the sub-city was still in the planning stage.