The inauguration of the 213-km access-controlled corridor is looked upon as good news not just by travellers but also by industry experts. The expressway will improve regional connectivity to a great extent and will link important places on route like Baghpat, Baraut, Shamli and Saharanpur in Uttar Pradesh to Dehradun.
The best thing is that it will also integrate with major national corridors, including the Delhi-Mumbai, Delhi-Katra, and Delhi-Meerut expressways.When Prime Minister Narendra Modi said, “This is not just a road; it opens new avenues for trade, industry, warehousing, and logistics across the entire region,” calling the project transformative, he actually underlined the actual importance of the brand new Delhi-Dehradun expressway.
The 213-kilometer expresway is expected to greatly improve regional connectivity and will link important towns and integrate with major national corridors before reaching Dehradun.
This is also going to have a significant impact on the real estate market of the region.
Delhi-Dehradun Expressway to drive 15-25% property price rise, boost real estate demand across corridor: Real-Estate Experts
Rohit Kishore, CEO, Hero Realty says, “The Delhi–Dehradun Expressway is a highly welcome development that will significantly enhance regional connectivity.
Reducing travel time to nearly 2.5 hours is a game changer, making destinations like Mussoorie, Haridwar and Rishikesh far more accessible from Delhi NCR. This improved connectivity will not only boost tourism but also drive real estate growth, as more buyers look at these locations not only for investment or second homes but also as primary residences, given the beautiful surroundings and relatively low AQI.
Haridwar, in particular, stands to benefit greatly, with better road access attracting a wider mix of visitors, including weekend travellers and prospective homebuyers, in addition to pilgrims.
This increased footfall will support local businesses, strengthen infrastructure and create rising demand for quality housing. While Haridwar will always remain a key spiritual destination, enhanced connectivity will also position it as an emerging residential and investment hub.”As per industry experts, there is likely to be a 15–25% appreciation in property prices in NCR micro-markets and towns along the route.
Loni, Narela, Bawana, Shahdara, Ghaziabad, Baghpat, Shamli, Muzaffarnagar, and Saharanpur will witness better connectivity, and this is likely to have a direct bearing on real estate prices, very much similar to what happened in the case of the Yamuna and Dwarka Expressways earlier.The expressway is likely to impact the economy of the region, as it is expected to promote development of Warehousing hubs (Ghaziabad, Baghpat), Industrial parks, Logistics parks near interchanges.
This will further boost the economy by creating more job opportunities and increase housing demand nearby.The expressway is also expected to impact Dehradun and nearby hill areas, as, due to an easier 2.5-hour access, this will promote the construction of commercial properties, farmhouses and luxury second homes. New real estate hotspots will emerge around interchanges like the small towns of Saharanpur, Shamli etc. However, this is likely also to promote a lot of speculative land buying and may create possible price bubbles.
