Delhi-NCR Real Estate Set to Flourish with UER-II and Dwarka Expressway
The inauguration of the Urban Extension Road-II (UER-II) and the Delhi stretch of the Dwarka Expressway is expected to significantly boost the real estate market in Delhi-NCR, enhancing connectivity and reducing congestion.
Real EstateUeriiDwarka ExpresswayDelhincrInfrastructureReal EstateAug 18, 2025
The 75.7-kilometre-long UER-II connects Alipur in North Delhi to Mahipalpur, near the Delhi-Gurugram border, passing through Bawana, Rohini, Mundka, Najafgarh, and Dwarka. Built by the National Highways Authority of India (NHAI), the corridor links to the Dwarka Expressway as well as the Western and Eastern Peripheral Expressways, with two operational spurs towards Sonipat and Bahadurgarh in Haryana. Together with the 27.6-kilometre Dwarka Expressway, experts are calling UER-II a game changer that could ease traffic and provide momentum to the real estate market in Delhi and Gurugram.
Pradeep Aggarwal, founder and chairman of Signature Global, said the interlinked, access-controlled highways will significantly reduce travel time between Delhi, IGI Airport, and Gurugram, while decongesting National Highway 48 (NH 48) and other arterial routes. Bridging major economic hubs such as Cyber City, Udyog Vihar, and key IT parks, this infrastructure not only streamlines commuting but also catalyses large-scale residential, commercial, and retail development.
Developers point out that property prices along the Dwarka Expressway have doubled over the past five years, demonstrating the ripple effect of infrastructure on real estate. Prices in the region have risen from Rs 9,434 per sq ft in 2019, when the foundation stone was laid, to Rs 18,668 per sq ft in 2024. With upcoming infrastructure upgrades, educational institutions, advanced healthcare facilities, and well-developed social amenities, the Dwarka Expressway is poised to remain a leading driver of property growth, particularly in the premium housing segment, according to Kapur.
Movement is expected on the demand side for commercial, residential, and warehousing projects in the long term, with potential uplift in catchment areas such as Dwarka, Najafgarh, Rohini, and other localities along NH 48 and the Dwarka Expressway. With close to 3 million sq ft of Grade A office stock nearing completion in the NH 48 micro market, commercial real estate activity across demand segments is likely to gain traction in the next few years, said Vimal Nadar, national director and head of research at Colliers India.
Developers anticipate that the growth story of the real estate market around the Dwarka Expressway will accelerate, supported by enhanced metro connectivity and rising demand from both homebuyers and investors. Ravi Nirwal, sales director and principal partner at Square Yards, added that the operationalisation of UER-II is also expected to boost residential activity in Delhi’s peripheral areas such as Kundli, Sonipat, and Narela. The new connectivity corridor is expected to create a broader and more resilient base of demand.
Frequently Asked Questions
What is the Urban Extension Road-II (UER-II)?
The Urban Extension Road-II (UER-II) is a 75.7-kilometre-long road that connects Alipur in North Delhi to Mahipalpur, near the Delhi-Gurugram border, passing through several key areas. It is built by the National Highways Authority of India (NHAI) and links to the Dwarka Expressway and other major expressways.
How will UER-II and the Dwarka Expressway impact traffic in Delhi-NCR?
UER-II and the Dwarka Expressway are expected to significantly reduce travel time between major hubs like Delhi, IGI Airport, and Gurugram. They will also decongest National Highway 48 (NH 48) and other key routes, easing traffic congestion in the region.
What is the current and projected impact on property prices along the Dwarka Expressway?
Property prices along the Dwarka Expressway have doubled over the past five years, rising from Rs 9,434 per sq ft in 2019 to Rs 18,668 per sq ft in 2024. This trend is expected to continue with further infrastructure upgrades and the development of social amenities.
How will these infrastructure projects affect commercial and residential demand?
The new connectivity corridor is expected to boost demand for commercial, residential, and warehousing projects in the long term. With close to 3 million sq ft of Grade A office stock nearing completion, commercial real estate activity is likely to gain traction, and residential areas such as Kundli, Sonipat, and Narela are expected to see increased activity.
What role does enhanced metro connectivity play in the real estate market around the Dwarka Expressway?
Enhanced metro connectivity is expected to further support the growth of the real estate market around the Dwarka Expressway. It will make the area more accessible and attractive to both homebuyers and investors, driving demand and property values.
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