India's real estate market has experienced significant growth in recent years, and a key driver of this development is the expansion of expressways. Expressways not only ease the connectivity between cities and states but also open up new regions for real estate investments. These highways, through their ability to shorten travel time and increase accessibility, have proven to be pivotal in fueling the growth of both residential and commercial real estate. This blog delves into the top 10 expressways in India, highlighting their role in enhancing real estate opportunities across the country.
Expressways are high-speed roadways designed to reduce travel time significantly, improve road safety, and streamline transportation of goods and people. Over the last decade, India has seen a significant rise in the development of expressways, and these infrastructural projects are transforming the urban landscape.
The key features of expressways include:
Limited Access: Only permitted vehicles and no intersections or signals, which ensure uninterrupted traffic flow.
High-Speed Limits: Expressways typically have higher speed limits than other roads, allowing faster transportation.
Increased Connectivity: These roads provide better connectivity to important commercial hubs, tourist destinations, and remote towns.
Expressways are vital to India's development as they provide better access to rural and semi-urban areas, boosting their real estate potential and encouraging investment in new residential, industrial, and commercial projects.
As India's infrastructure development accelerates, several upcoming expressways are expected to play a crucial role in shaping the future of real estate. These expressways will provide a strong foundation for new growth centers, creating ample opportunities for investors and developers.
Now, have a look at the list of major upcoming expressways in India that will enhance connectivity between cities. The development of these thoroughfares will boost infrastructure along with the growth of real estate industry in India.
1. Dwarka Expressway: The Dwarka Expressway is a key link connecting Delhi and Gurugram, significantly reducing travel time. With the expressway’s completion, areas such as Dwarka, Mahipalpur, and Udhoygarh have already seen a surge in residential and commercial projects. The proximity to the airport and IT hubs further adds to its real estate potential.
Real Estate Impact:
Surge in demand for residential complexes.
Expansion of commercial and retail properties.
2. Bangalore - Chennai Expressway: The Bangalore-Chennai Expressway aims to connect two of South India's major IT hubs. This expressway is expected to facilitate better transport of goods and people, creating substantial opportunities for residential and commercial development in towns like Hosur, Krishnagiri, and Chengalpattu.
Real Estate Impact:
Increased industrial and residential development in peripheral towns.
Commercial development in areas near tech parks.
3. Yamuna Expressway: Connecting Noida to Agra, the Yamuna Expressway has significantly impacted real estate development in the region. The proximity to Delhi and Greater Noida has led to increased interest from homebuyers and investors in towns like Jewar and Mathura. The expressway has also contributed to the development of Jewar International Airport, further increasing the area's real estate potential.
Real Estate Impact:
Increased demand for residential properties in Greater Noida.
Boost in hospitality sector due to tourism.
4. Delhi-Mumbai Expressway: As one of India’s most ambitious infrastructural projects, the Delhi-Mumbai Expressway is set to reduce travel time between the two major cities, encouraging a surge in real estate investments along its route. Key states like Rajasthan and Gujarat are likely to see industrial growth, attracting both residential and commercial developers.
Real Estate Impact:
Growth in industrial hubs in Rajasthan and Gujarat.
Surge in property investments in suburban areas along the route.
5. Ganga Expressway The Ganga Expressway will connect key regions in Uttar Pradesh, including towns like Rae Bareli and Sultanpur, to major urban centers. This will unlock massive opportunities for real estate development in central Uttar Pradesh, enhancing its connectivity to neighboring regions and spurring both residential and commercial activity.
Real Estate Impact:
Increased demand for affordable housing and industrial space.
New commercial zones around key expressway exits.
6. Bundelkhand Expressway: Bundelkhand’s infrastructure is getting a major boost with the construction of the Bundelkhand Expressway. The region, which has historically seen slower growth, will now have faster access to cities like Kanpur, Jhansi, and Lucknow, leading to improved real estate development opportunities.
Real Estate Impact:
Surge in real estate in the Bundelkhand region.
Increased demand for commercial and retail developments.
7. Surat-Chennai Expressway: This major project will connect Surat in Gujarat to Chennai, crossing through key industrial zones. With faster connectivity between the west and south of India, real estate developers are keenly eyeing the areas along this route for new industrial hubs and residential developments.
Real Estate Impact:
Significant growth in industrial areas.
Increased demand for residential properties along key zones.
8. Delhi-Dehradun Expressway: The Delhi-Dehradun Expressway will provide quicker access to the hill stations of Uttarakhand and improve connectivity to Dehradun. Real estate developments are expected to rise in Dehradun and surrounding areas, particularly in hospitality and second homes.
Real Estate Impact:
Growth of residential properties in Dehradun.
Expansion in the tourism and hospitality sector.
9. Delhi-Amritsar-Katra Expressway: This expressway will connect Delhi to religious and tourist hotspots like Amritsar and Katra, enhancing accessibility to these areas. The anticipated boost in tourism and pilgrim traffic is expected to drive demand for hotels, resorts, and residential properties along this route.
Real Estate Impact:
Increased demand for hospitality-related real estate.
Surge in residential developments in cities like Amritsar and Katra.
10. Mumbai-Nagpur Expressway: The Mumbai-Nagpur Expressway is set to link Maharashtra’s commercial capital to one of its growing industrial hubs, Nagpur. This will not only ease transportation but also open up vast regions for real estate developments, especially in terms of residential complexes and logistics centers.
Real Estate Impact:
Rapid development of industrial zones and residential complexes.
Growth in commercial real estate in Nagpur.