Dwarka Expressway, Urban Extension Road-II Boon for Developers, Property Investors

New Delhi, August 18, 2025: Prime Minister Narendra Modi inaugurated the INR 11,000 crore landmark Dwarka Expressway and Urban Extension Road-II (UER-II) on Sunday, a turning point for Delhi-NCR’s real estate landscape.

“Delhi is witnessing a development revolution. The Dwarka Expressway and Urban Extension Road will boost public convenience in Delhi-NCR,” Modi said.

The Delhi section of the Dwarka Expressway, developed for INR 5,360 crore, comprises a 5.9-km stretch from Shiv Murti intersection to Dwarka Sector-21 and a 4.2-km stretch extending to the Delhi-Haryana border. The INR 5,580-crore UER-II corridor, which extends from Alipur to Dichaon Kalan, links NH-44 with NH-48.

The travel time from the Singhu border to the IGI Airport will decrease from almost two hours to just 40 minutes, goods movement across NCR will be easier and vehicular pollution will reduce. The two projects are part of the road transport ministry’s INR 50,000-crore plan to decongest the Capital and improve regional connectivity.

For developers and property investors, the connectivity is a blessing. Along the Dwarka Expressway, property values have roughly doubled over the past four year with 3BHK flats surging from INR 1.8 crore in 2022 to INR 2.6-INR 4 crore in 2024. The prices are expected to increase further by 15–20 per cent.

UER-II is Delhi’s emerging third ring road, drastically reducing travel time—for instance, reducing the Delhi airport commute from nearly two hours to about 20 minutes from the Kundli border.

Real estate watchers are focused on emerging micro-markets, like Sonipat, Panipat, Kundli and the Gurgaon-Delhi corridor. These locales will gain ground as affordability diminishes in central areas and accessibility becomes the prime value driver.

“The inauguration of UER-II alongside the Dwarka Expressway marks a significant development for NCR’s infrastructure-led growth. By seamlessly connecting the Dwarka Expressway with IGI Airport, NH-48 and major peripheral highways, this corridor will not only ease congestion to locations like Ambala, Panipat, Rohtak but also fuel real estate growth in these cities along with Delhi-NCR’s micro-markets,” says Gautam Kanodia, founder, KREEVA and Kanodia Group.

“We believe that regions, like New Gurgaon, Dwarka, Rohini and Bahadurgarh, will be the biggest beneficiaries along with other micro-markets in Delhi-NCR. It is likely to uplift both residential and commercial demand, driving long-term capital appreciation and positioning the Dwarka Expressway corridor as one of the most promising realty destinations in the region.”

Vikas Dua, Founder and Director, Chintamanis, says, “The benefits extend well beyond residential housing—commercial hubs, industrial zones, logistics parks and warehousing facilities will all feel the momentum.”

Such connectivity redefines how businesses operate and how investors allocate capital. For investors, this is the start of a connectivity-led growth phase that will define the region’s real estate for years to come, he added.

The inauguration of UER-II and the Dwarka Expressway marks a transformative leap in urban connectivity across the Delhi NCR,” says Rajjath Goel, MD, MRG Group.

“ For Gurugram, these developments will ease traffic congestion, shorten travel times to Delhi and the airport and significantly boost the city’s real estate potential. It’s a milestone that strengthens Gurugram’s position as a premier destination for both living and investment.”

Ishaan Singh, Director, AIPL, says, “The inauguration of the Dwarka Expressway is a major quality-of-life shift for Delhi-NCR. For businesses, it creates new nodes of opportunity by seamlessly connecting airports, offices and homes in a seamless network.”

With both UER-II and the Dwarka Expressway operational, it will shape a lifestyle where convenience, growth and connectivity work hand in hand. “As developers, we foresee Delhi-NCR’s property market entering a new phase of growth where strategic infrastructure will drive demand across residential, commercial and logistics segments.”

Prakash Mehta, CMD, Ocus Group, stated, “The Dwarka Expressway is more than just an infrastructure project; it is poised to become the backbone of economic growth between Delhi and Gurugram.”

Beyond boosting demand for residential development, it is expected to draw substantial investment into corporate offices, retail hubs and the hospitality sector. “For investors, the coming five years present a golden opportunity where the right purchase in a prime location could deliver exceptional returns.”

Saurabh Saharan, Group MD, HCBS Developments, said, “Gurugram’s real estate landscape has turned a corner with the inauguration of the Dwarka Expressway. The corridor has instantly connected premium micro-markets into a single, well-linked hub, making it the most promising address for luxury housing.”

With unmatched access to the airport and Delhi, “we expect long-term confidence and strong demand for high-value projects. This will accelerate demand for high-value projects, positioning the area as NCR’s most aspirational address for years to come”.

Kushagr Ansal, Director, Ansal Housing, said that the demand for premium housing projects is set to rise further. “Over the past five years, property prices have nearly doubled due to the Expressway, and with the new highways, the real estate markets of Gurugram and Sonipat are expected to witness another major upswing.”

“The 76-km-long UER-2, which starts from Alipur in Delhi and connects with Dwarka Expressway in Mahipalpur, won’t just give a major facelift to the logistics and transport industry but also offer positive impetus to the property markets nearby,” says Ankit Kansal, MD, 360 Realtors.

“UER-2 will facilitate smooth flow in and around the IGI Airport. Meanwhile, it also seamlessly connects with other major cities and industrial clusters nearby, such as Chandigarh, Manesar, Ghaziabad, Greater Noida, Noida, etc. Likewise, the positive impact will cascade to a host of nearby areas such as Narela, Rohtak, Rohini, Najafgarh, Bahadurgarh, etc.”

Ashwani Kumar, Pyramid Infratech, said, “The smooth drive from IGI Airport to Gurugram, Sonipat and Noida is already changing how people think about location and investment. Such connectivity changes market psychology. Buyers will feel more confident and investors will see stronger returns ahead. We believe this corridor is entering its next growth cycle, where property values could rise another 35–40 per cent in the coming years. For those who’ve been watching from the sidelines, it’s a rare, transformative moment for NCR real estate.”

Vishesh Rawat, VP and Head of Marketing, Sales and CRM, M2K Group, said, “This project will completely transform the real estate landscape of Najafgarh, Dwarka Expressway and the surrounding areas.”

Once regarded as emerging hubs, these locations are now set to become prime centres for mid- and high-end housing in future. Buyers will have the opportunity to secure excellent locations at competitive prices with the potential for these properties to appreciate to premium values in the future.

Ajay Tyagi, CSO, Betterchoice Realtors Pvt Ltd, says, “Gurugram’s corporate hub feels more seamlessly connected to Delhi and the airport than ever before. For business leaders, this kind of accessibility is invaluable; it makes commuting easier, enhances global connectivity and strengthens Gurugram’s position as the region’s commercial capital.”

At the same time, “we expect a parallel surge in demand for Grade-A office spaces and luxury villas as working professionals seek out high-quality, well-connected environments. This development will undoubtedly give Gurugram a new definition as a world-class destination to work, live and invest”.

Sumit Choudhary, Vice President- Sales, RISE Infraventures said ” The inauguration of the two major expressway stretches is a defining moment for NCR’s real estate. Buyers who were earlier hesitant to look beyond traditional hubs are now seeing Dwarka, Najafgarh, and peripheral Gurugram as viable, future-ready addresses. This development has effectively shortened distances and expanded choices, which will broaden the demand base across residential, commercial, and even warehousing segments. The inauguration is the creation of a new growth spine for NCR that will sustain itself for decades.”