The upcoming Delhi-Mumbai Expressway is emerging as a major catalyst for real estate growth across several Tier-II cities, with developers and property consultants reporting rising housing demand, increasing land values and expanding commercial activity along the corridor.
Stretching nearly 1,350 kilometres, the expressway connects Delhi and Mumbai through Haryana, Rajasthan, Madhya Pradesh, Gujarat and Maharashtra. Industry experts say improved connectivity is reshaping residential, commercial and logistics markets in cities such as Jaipur, Indore, Ahmedabad, Surat and Vadodara.
Property consultants estimate that residential and plotted development prices in Jaipur have increased by nearly 12-18 per cent over the past year, supported by infrastructure expansion and rising corporate activity. In Indore, residential values have reportedly appreciated by around 10-15% due to improving connectivity and growing industrial investments.
According to CRE Matrix, several micro-markets located along the expressway corridor are witnessing sharp increases in land prices as investors anticipate infrastructure-led urban growth and stronger logistics connectivity.
Somesh Mittal, Co-Founder of One Prastha Realty LLP, said infrastructure development including expressways, metro rail systems, airport expansion and industrial corridors, is significantly improving employment generation and housing demand across emerging cities.
“One of the key reasons is infrastructure-led development such as creation of expressways and new metro networks. From an investment standpoint, tier-2 cities are attracting increased interest from institutional investors and NRIs due to higher rental yields, lower risk of oversupply, and steady price appreciation,” he said.
Jaipur has also emerged as a growing office and logistics destination, attracting multinational firms, IT companies and global capability centres due to comparatively lower rentals and better land availability than NCR markets. CRE Matrix data showed office stock in Jaipur stood at 7.8 million square feet in 2025 and could rise to nearly 13 million square feet by 2030.
Meanwhile, developers say industrial and warehousing demand is also increasing across integrated townships and logistics hubs along the expressway corridor, including projects such as Mahindra Lifespace Developers’ Mahindra World City in Jaipur.
Analysts believe the Delhi-Mumbai Expressway could significantly alter India’s real estate growth pattern by shifting investment and urban expansion beyond traditional metro cities into emerging regional economic corridors.
Source: Money Control
