Prime Minister Narendra Modi inaugurated the 76-km Urban Extension Road-2 (UER-2) and the 29-km Delhi stretch of the Dwarka Expressway, marking a transformative moment for infrastructure in the National Capital Region (NCR). Built at a combined cost of Rs11,000 crore, the projects aim to reduce congestion, cut travel time, and enhance connectivity between Delhi and key cities like Gurugram, Sonipat, Panipat, and Rohtak.
UER-2 connects Alipur to Mahipalpur via Mundka, Bakkarwala, Najafgarh, and Dwarka, offering seamless links to major expressways including Delhi-Chandigarh, Delhi-Rohtak, and Delhi-Mumbai. This signal-free corridor is expected to slash commute times to Indira Gandhi International Airport and unlock new residential and commercial zones. Developers believe the improved access will drive demand across multiple micro-markets, especially in Dwarka, Najafgarh, and Greater Noida.
Commercial real estate is set to gain momentum, with logistics hubs, warehouses, and retail spaces projected to rise in Bahadurgarh and Rohtak. Land rates in these areas could increase by 20–30% over the next 18 months. Gurugram and Noida are also expected to attract luxury housing and corporate tenants, as reduced travel times improve convenience and investment appeal. Historical trends along the Yamuna Expressway suggest similar infrastructure boosts have led to plot value appreciation of up to 50%.
Industry leaders have welcomed the move. Vimal Nadar of Colliers highlighted the long-term uplift in demand across Dwarka, Rohini, and NH-48 catchment zones. Abhay Kumar Mishra (Jindal Realty) noted that Sonipat is poised for a boom, with land values already surging over 190% since 2020.
With nearly 3 million sq ft of Grade A office space nearing completion along NH-48, and major developments like Maruti Suzuki’s Kharkhoda plant underway, the region is primed for sustained growth. Improved airport connectivity, reduced congestion, and stronger investment appetite are expected to reshape Delhi-NCR’s real estate landscape—making UER-2 not just an infrastructure upgrade, but a catalyst for long-term transformation.
Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd., said, “The doubling of property prices over the past 5 years on Dwarka Expressway is a testament to the fact that the infrastructural boom has a ripple effect on the real estate sector, increasing the overall appeal of the market among consumers. Moving forward, we anticipate that the growth story of the real estate market around Dwarka Expressway will continue to accelerate, driven by sustained infrastructure development, enhanced connectivity through the upcoming metro and the rising demand from both homebuyers and investors seeking long-term value.”
