India’s real estate sector is experiencing robust growth, driven by rapid infrastructure advancements. Infrastructure forms the backbone of urban expansion, providing seamless connectivity and convenience while catalyzing economic activity and urbanization. Major projects across key cities are unlocking immense potential in the real estate market, creating new opportunities for investors and end-users alike.
Dwarka expressway: Transforming Delhi-NCR’s Real Estate
The Dwarka Expressway in Gurugram serves as a prime example of infrastructure driving real estate growth. Savills India reports that the average capital value of under-construction properties along the expressway rose by 43% in 2024. Gurugram’s residential market witnessed a 37% year-on-year increase in completed project prices and a 30% hike in under-construction property values. Notably, New Gurugram saw an unprecedented 53% growth in average capital values.
Madhur Gupta, CEO of Hero Realty Pvt Ltd, commented, “The region’s robust infrastructure development, featuring world-class amenities and transportation networks, has made it a highly sought-after destination for residential and commercial spaces.” Vivek Singhal, CEO of Smartworld Developers, echoed this sentiment, emphasizing the expressway’s role in fostering a dynamic and flourishing ecosystem.
Mumbai trans harbour link: Reshaping Mumbai’s property market
The 22-km Mumbai Trans Harbour Link (MTHL), connecting Sewri to Navi Mumbai in just 20 minutes, is reshaping Mumbai’s real estate landscape. Areas like Ulwe, Panvel, Seawood, and Kharghar are witnessing increased demand, fueled by the combined impact of the MTHL and the upcoming Navi Mumbai International Airport.
Anarock Research highlights a 25% rise in Navi Mumbai’s property prices between Q3 2015 and Q3 2023, with another 10–15% hike expected within three years. Mohit Malhotra, Founder & CEO of NeoLiv, remarked, “The MTHL is transforming Mumbai’s real estate market, creating opportunities for mid-income and quality housing while sustaining end-user demand in emerging corridors.”
Hyderabad’s regional ring road: Boosting growth
In Hyderabad, the 340-km Regional Ring Road (RRR) is set to elevate the city’s real estate market. Square Yards reported a 7% rise in residential transactions and a 20% surge in sales value during July-September 2024. Key western suburbs, accounting for 45% of transactions, are expected to benefit from enhanced connectivity.
Kirthi Chilukuri, MD & CEO of Stonecraft Group, stated, “Connectivity attracts investments and makes projects viable. Developers are now focusing on sustainability and smart technologies, catering to eco-conscious buyers.”
