The inauguration of the Dwarka Expressway’s Delhi stretch and the Urban Extension Road (UER) II, touted as the capital’s third Ring Road, has sparked a wave of optimism across Delhi-NCR’s real estate sector.

Industry leaders and developers believe the two landmark infrastructure projects will not only decongest major highways and cut travel time, but also unlock new growth corridors, spurring residential, commercial, and warehousing demand across Dwarka, Gurugram, and peripheral markets.

With property values already witnessing strong appreciation along the Dwarka Expressway, experts predict a sustained boom, driven by enhanced connectivity, robust social infrastructure, and rising investor interest.

Commenting on the development, Ravi Nirwal, Sales Director & Principal Partner, Square Yards, said, ““The inauguration of UER II (Urban Extension Road II) marks a milestone for Delhi NCR. This high-speed, signal-free corridor connects major routes including NH 44, NH 9, and NH 48, along with the Dwarka Expressway, the Delhi Mumbai Expressway, and the international airport. From a property market perspective, the operationalisation of UER II is set to spark a significant revaluation across several micro markets. It will likely boost residential activity in Dwarka as well as in peripheral locations such as Kundli, Sonipat, and Narela.”

“We believe, the impact will go beyond simple price appreciation. The new connectivity corridor is expected to create a broader and more resilient base of demand. It will open access to budget-friendly locations for both homebuyers and businesses while preserving seamless connectivity to Delhi’s primary commercial hubs,” he added.

Vimal Nadar, National Director and Head of Research, Colliers India, also believes that the Urban Extension Road, connecting Alipur, Dwarka Expressway & Mahipalpur and the Delhi section of the Dwarka Expressway will enhance connectivity and reduce commute time in the entire National Capital Region.

“These flagship projects have the potential to uplift the real estate landscape in catchment areas such as Dwarka, Najafgarh, Rohini and localities along NH-48 & Dwarka Expressway, particularly bolstering commercial, residential and warehousing demand in the long-term. 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,” he said.

Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd, said, “The inauguration of the Delhi stretch of Dwarka Expressway is a significant milestone in the infrastructural growth story of Delhi NCR. Dwarka Expressway, being a dynamic and transformative urban corridor, has not only significantly redefined connectivity between Delhi and Gurugram but has also provided a major push to real estate growth in the region. The recent inauguration of the Urban Extension Road (UER) II, also known as Delhi’s third Ring Road, complementing the fully operational 29-km Dwarka Expressway, further elevates its strategic importance. These interlinked, access-controlled highways are set to drastically reduce travel time between Delhi, IGI Airport, and Gurugram, while decongesting NH-48 and other key arterial routes.”

Bridging major economic hubs such as Cyber City, Udyog Vihar, and key IT parks, this infrastructure not only streamlines commuting but also catalyzes large-scale residential, commercial, and retail development. 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,” Aggarwal added.

Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation, said, “The housing sector, in particular, stands to benefit, as major infrastructural projects invariably enhance the overall appeal of the housing market among buyers. The Dwarka Expressway has emerged as a pivotal growth corridor, offering unmatched connectivity between Delhi and Gurugram and significantly reducing travel time.”

The two-fold jump in property prices witnessed in the micro-market of the Dwarka Expressway over the past couple of years underscores the strong demand for premium homes in the region.

“With upcoming infrastructural upgrades, the presence of renowned educational institutions, advanced healthcare facilities, and well-developed social infrastructure, the Dwarka Expressway is poised to remain a leading driver of property growth, particularly in the premium housing segment,” he added.

Shiwang Suraj, Founder & Director of Gurugram-based property consulting firm InfraMantra, said, “The inauguration of the Delhi stretch of the Dwarka Expressway and UER-II will usher a new era in the real estate market of not just Gurugram but whole of NCR. Dwarka Expressway, as a micro market, has emerged as the most sought-after micromarket with exceptional offerings and price growth, nearly doubling in last five years. Excellent connectivity, increasing commercial activity and new-age & modern lifestyle residences have led to increase in demand in this region with high-end projects (upwards of Rs 3 crore) attracting a lot of interest from homebuyers willing to up their lifestyle and aspirational value.”

Vijay Harsh Jha, founder and CEO of property brokerage firm VS Realtors, said, “Dwarka Expressway is amongst the most sought-after micro-markets in NCR as is evident from the excellent price growth and spurt in launches over the past years. Owing to its connectivity within Gurgaon and NCR and to corporate and industrial hubs, airport etc, presence of robust social infrastructure and increasing habitation have shifted the attention of homebuyers to this location. The micro-market has an appetite for more supply and the coming years could witnessed increased real estate activity. The inauguration of the Delhi stretch and UER-II is a positive development for the real estate in the region.”