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Developers believe UER-2 will be a gamechanger for Delhi-NCR’s real estate sector as enhanced connectivity is expected to spur demand for both residential and commercial projects.
PM Narendra Modi will on Sunday inaugurate the Urban Extension Road-2 (UER-2) and the Delhi stretch of the Dwarka Expressway, in what is being billed as a major infrastructure boost for the NCR. (Representational image/X)
Prime Minister Narendra Modi on Sunday inaugurated the 76-km Urban Extension Road-2 (UER-2) and the 29-km Delhi stretch of the Dwarka Expressway, in what is being billed as a major infrastructure boost for the National Capital Region (NCR).
Built at a cost of about Rs 8,000 crore, the four-to-six-lane UER-2 connects Alipur to Mahipalpur via Mundka, Bakkarwala, Najafgarh, and Dwarka. The new corridor is expected to significantly cut travel time between Indira Gandhi International Airport and several NCR cities.
देशभर में हम कनेक्टिविटी के विस्तार के साथ आवागमन की सुविधाएं बढ़ाने में निरंतर जुटे हुए हैं। इसी दिशा में कल दोपहर करीब 12:30 बजे दो प्रमुख राष्ट्रीय राजमार्ग परियोजनाओं के उद्घाटन का सौभाग्य मिलेगा। इससे दिल्ली-एनसीआर का ट्रैफिक और सुगम होगा।https://t.co/rwesnFMgbi pic.twitter.com/DvV0rkNxY6— Narendra Modi (@narendramodi) August 16, 2025
With seamless links to the Delhi-Chandigarh, Delhi-Rohtak, and Delhi-Mumbai expressways, UER-2 is likely to ease congestion, reduce fuel costs, and enhance connectivity to Sonipat, Panipat, Karnal, Ambala, Rohtak, Jind, and Bahadurgarh.
The projects — the Delhi section of the Dwarka Expressway and the UER-2 — are worth Rs 11,000 crore.
Boost for Real Estate
Developers believe UER-2 will be a gamechanger for Delhi-NCR’s real estate sector, as enhanced connectivity is expected to spur demand for both residential and commercial projects across multiple corridors.
Dwarka and Najafgarh are emerging as attractive residential destinations, offering families value housing with better access to Gurugram’s business hubs.
Commercial real estate is also set to benefit. UER-2’s links to major highways are expected to drive demand for warehouses, logistics hubs, and retail spaces in Bahadurgarh and Rohtak, where land rates could rise 20-30% over the next 18 months. Gurugram and Greater Noida may see growing interest in luxury housing and office complexes as reduced travel times attract corporate tenants and high-net-worth buyers. Historical trends along the Yamuna Expressway show similar infrastructure projects boosting plot values by up to 50%.
Developers Welcome the Move
Navdeep Sardana, founder of Whiteland Corporation, said, “We welcome the inauguration of UER-II and the Dwarka Expressway by PM Modi, a landmark moment in Delhi-NCR’s growth journey. UER-II will seamlessly connect key destinations such as Sonipat and Panipat while easing travel across the region, setting the stage for stronger economic lifelines and future-ready development.”
Robin Mangla, president of M3M India, called the project a breakthrough in regional mobility. “The inauguration of the UER-II corridor is a watershed in regional mobility — cutting travel time from Gurugram and Delhi to Sonipat, Panipat and beyond, while enabling seamless access from the Delhi border to IGI Airport. By bypassing traditional chokepoints, this connectivity will redefine how people and businesses engage with emerging locations,” he said.
Ravi Nirwal, sales director & principal partner at 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.”
Vimal Nadar, national director and head of research, Colliers India, said, “The Urban Extension Road, connecting Alipur, Dwarka Expressway & Mahipalpur and the Delhi section of the Dwarka Expressway, are set to 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 added.
Abhay Kumar Mishra, president & CEO of Jindal Realty, said Sonipat is poised for a real estate boom post-UER-2. “Enhanced connectivity will slash commute times from Sonipat to IGI Airport by over half and link seamlessly to Dwarka Expressway. Property prices here remain 30-50% lower than Gurugram or Noida, yet Kundli land values have surged 190% since 2020, while Sector 35 saw 252% appreciation in three years. Developments like Maruti Suzuki’s Kharkhoda plant will further spur demand for affordable housing and logistics hubs,” he said.
Gaurav K Singh, founder of Womeki Group, said, “The launch of the Dwarka Expressway and UER-2 is set to transform NCR real estate. Enhanced connectivity across Delhi, Gurugram, and Dwarka will make the entire corridor far more attractive for both homebuyers and investors. Strong infrastructure drives convenience, security, and long-term value growth.”
Harinder Dhillon, national sales head at BPTP, said, “The inauguration of UER-2 by PM Modi marks a transformative moment for Delhi-NCR’s real estate landscape. This enhanced connectivity will ripple across the region, linking key highways such as Delhi-Chandigarh and Delhi-Jaipur. The anticipated surge in property values presents a significant opportunity for buyers.”
Improved airport connectivity, reduced congestion, and stronger investment appetite are expected to drive both property demand and values across the region.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
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