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 Vehicles plying on the Urban Extension Road-II in New Delhi.

 Vehicles plying on the Urban Extension Road-II in New Delhi.
| Photo Credit: File Photo

The Dwarka Expressway and Urban Extension Road-II (UER-II) have emerged as key growth corridors driving housing demand across Delhi-NCR, according to recent reports by leading real estate firms Anarock Property Consultants and Cushman & Wakefield.

Improved connectivity and proximity to Gurugram and Dwarka have turned these stretches into hotspots for both homebuyers and investors, pushing up property interest and prices.

Connectivity ups prices

Anarock data show that housing supply in Delhi-NCR rose by 23% in the first half of 2025 compared with the same period last year. “Connectivity has made a big difference. Buyers are now viewing these areas not just as residential options but also as long-term investments,” Vatsal Gupta, a real estate associate dealing in Dwarka Expressway properties, told The Hindu.

According to Anarock, property prices climbed 11% between January-June 2024 and the same period in 2025, marking a strong year-on-year increase. Despite rising prices, demand has remained steady, with 56% of NCR buyers preferring 3BHK apartments, followed by 36% for 2BHKs, and just 5% for 1BHKs.

Author of the report, Sumeet Negi, said the shift towards larger homes that began during the pandemic continues, while the affordable housing segment has lost appeal. “Smaller homes with limited amenities and poor design no longer appeal to buyers seeking comfort and better connectivity to workplaces,” he said.

Gurugram leads

The Cushman & Wakefield Q3 housing report (June-September) found that Gurugram led the luxury housing market, accounting for 87% of all high-end launches during the quarter. Of the 10,245 new residential units launched in Delhi-NCR, a 12% rise over the previous quarter, New Gurugram and Dwarka Expressway emerged as the most active sub-markets, contributing 23% and 20% of total launches respectively.

“UER-II will create a continuous high-speed loop connecting Delhi’s outskirts with commercial and industrial zones. This will make western and northern corridors, as well as areas near the airport, far more attractive for both homebuyers and investors,” said Suvishesh Valsan, senior director at Cushman & Wakefield. Overall, UER-II integrates multiple NCR markets into a “single, well-connected network”, giving buyers and investors the flexibility to pick locations that suit both lifestyle and budget, he said. “Over the next five to eight years, we could see two to threefold returns in these emerging areas,” Mr. Valsan added.