PM Modi Launches Two Major National Highway Projects in Delhi: Impact on Real Estate and Connectivity
Prime Minister Narendra Modi inaugurated two significant highway projects in Delhi, the Dwaraka Expressway (Delhi section) and the Urban Extension Road-II (UER-II), with a combined cost of Rs 11,000 crore. These projects are expected to boost real estate and improve connectivity in the region.
Dwaraka ExpresswayUrban Extension RoadiiReal EstateConnectivityDelhincrReal EstateAug 17, 2025
Experts believe that these projects will not only improve travel efficiency but also provide a significant boost to the real estate market in the surrounding areas. The new highways are expected to increase property values and create investment opportunities, leading to potential profits for investors.
According to Ravi Nirvawal, Sales Director and Principal Partner at Square Yards, the inauguration of UER-II is highly significant for the Delhi-NCR region. This high-speed, signal-free corridor connects major routes such as NH 44, NH 9, and NH 48, as well as the Dwaraka Expressway, the Delhi-Mumbai Expressway, and the International Airport.
From a property market perspective, the commencement of UER-II is expected to lead to a major revaluation in several micro-markets. It is anticipated that housing activity will increase in areas like Dwaraka, Kundli, Sonipat, and Narela. Nirvawal believes that the impact will extend beyond just price appreciation, creating a larger and more flexible demand base. The new connectivity corridor will provide access to budget-friendly locations for both homebuyers and businesses, enhancing connectivity with Delhi's main commercial hubs.
Vimal Nader, National Director and Head of Research at Colliers India, notes that the Urban Extension Road connecting Alikpur, Dwaraka Expressway, and Mahipalpur will enhance connectivity across the National Capital Region and reduce travel time. These key projects have the potential to improve the real estate market in catchment areas such as Dwaraka, Najafgarh, and Rohini, as well as the areas around NH-48 and the Dwaraka Expressway. This will particularly boost demand for commercial, housing, and warehousing properties in the long term.
The NH-48 micro-market, which is expected to see the completion of approximately 30 million square feet of Grade A office stock, is likely to witness increased commercial real estate activity in the coming years.
Pradeep Mishra, Founder of Oram Group, believes that the inauguration of UER-II and the Dwaraka Expressway will significantly enhance connectivity in the Delhi-NCR region. The 76-kilometer UER-II corridor connects major suburbs like Alikpur, Rohini, Mundka, Najafgarh, and Dwaraka to the airport and major highways, reducing traffic congestion and diverting heavy traffic. The Dwaraka Expressway will provide a direct, high-speed connection between Indira Gandhi International Airport and Gurugram, bypassing busy areas like Dhaula Kuan. Together, these projects will reduce travel time (NoIDA to the airport in just 20 minutes) and improve traffic flow, leading to increased travel and cargo traffic and further development of the surrounding real estate market.
Frequently Asked Questions
What are the two major highway projects inaugurated by PM Modi in Delhi?
The two major highway projects inaugurated by PM Modi in Delhi are the Dwaraka Expressway (Delhi section) and the Urban Extension Road-II (UER-II).
What is the total cost of these highway projects?
The combined cost of the Dwaraka Expressway (Delhi section) and the Urban Extension Road-II (UER-II) is Rs 11,000 crore.
How will these projects benefit the real estate market?
These projects are expected to boost real estate by increasing property values, creating investment opportunities, and enhancing connectivity in areas like Dwaraka, Kundli, Sonipat, and Narela.
What is the expected impact on travel time?
The new highways are expected to significantly reduce travel time, with NoIDA to the airport taking just 20 minutes.
Which areas are expected to see increased housing activity?
Housing activity is expected to increase in areas such as Dwaraka, Kundli, Sonipat, and Narela.
Related News Articles
Meghna Infracon Launches Luxury Residential Project 'RIVAAN' in Mumbai, Shares Soar
Meghna Infracon's new residential project 'RIVAAN' in Goregaon, Mumbai marks a significant milestone in the company's journey to become a leading developer of luxurious real estate in Mumbai.
China's New Home Prices Plummet by 4.5% in June 2024, a 9-Year Low
China's new home prices have fallen at the fastest pace in nine years, with the battered sector struggling to find a bottom despite government support measures.
Tata Realty to Triple Office Space Portfolio in 7 Years
Tata Realty plans to triple its office space portfolio in 7 years, expanding its presence in Pune, Bengaluru, and NCR.
NBCC India Shares Soar 3% on Impressive Q1 Earnings, Market Cap Reaches Rs 31,680 Crore
NBCC India's Q1 profit rises 38% to Rs 107.19 crore, PMC segment drives growth
Adani Realty Eyes Stake in Emaar India: A Strategic Move to Expand Presence in Indian Real Estate Market
Adani Realty, led by business tycoon Gautam Adani, is in talks to acquire a stake in Emaar India, a leading player in the country's commercial and residential real estate market.
Deepak Builders & Developers: Pioneering Nashik's Rise as a Premier City
Deepak Builders & Developers is leading the charge in transforming Nashik into a premier city with innovative and sustainable real estate projects.