The Rapid Growth of India’s Expressways | A Detailed Insight by MoneyTree Realty

The economy of India is expanding at an impressive pace, driven by technological advancements and the influx of multinational corporations (MNCs) setting up offices across the nation. Cities such as Noida, Bangalore, Gurgaon, Mumbai, Pune, and Hyderabad are experiencing rapid urbanization, which demands a robust infrastructure for seamless connectivity. The Government of India (GoI) has taken the initiative to develop state-of-the-art expressways and highways to connect major regions, boosting economic growth and urban development.

This article by MoneyTree Realty provides detailed insights into the mojar expressways of India, their significance, and the opportunities they present in real estate.

Expressways of India – A Brief Overview

The highest class of roads in India, Expressways, currently spans 5,930 km with an additional 11,127.69 km under construction as of July 2023. These controlled-access highways are designed for high-speed travel, offering limited entry and exit points to minimize congestion and promote seamless movement across cities.

The most notable expressway currently under development is the Delhi-Mumbai Expressway, which is expected to be completed by 2025, making it the longest expressway in India.

As of 2021, the Ministry of Road Transport and Highways declared eight expressways as National Expressways (NE), which are crucial in the country's transportation network.

Key Differences Between Highways and Expressways

Highways:

• Open-access roads with multiple signals and intersections.
• Varying speed limits.
• Typically connect towns and cities, allowing access to multiple points.

Expressways:

• Controlled-access roads with restricted entry and exit points.
• High-speed travel with no signals or intersections.
• Designed for fast, efficient travel between major cities or states.

Greenfield Expressways

A Greenfield Expressway refers to a new expressway built on undeveloped land. Typically, these expressways are 12-lane wide but are initially constructed with eight lanes, with space reserved in the center for future expansion. The primary goal is to reduce costs related to land acquisition and logistics.

One of the most notable examples of a Greenfield expressway is the Delhi-Mumbai Expressway, which will have eight lanes initially and is expandable to 12 lanes.

Major Expressways in India – A Quick Insight

India's expressways serve as crucial infrastructure connecting major urban hubs, promoting not only economic growth but also the real estate sector. Below are some of the key expressways operational in India:

• Mumbai-Pune Expressway: India’s first 6-lane expressway, operational since 2002.
• Delhi-Mumbai Expressway: Set to be the longest in the country, stretching 1,380 km upon completion by 2025.
• Dwarka Expressway: The widest expressway, featuring 16 lanes, connecting Dwarka (Delhi) to Gurgaon.
• Purvanchal Expressway: The third longest expressway, 340.8 km, in Uttar Pradesh.

The development of expressways in India has opened new avenues for real estate investment. Areas around these major roadways are seeing the construction of commercial and residential properties, with increased interest from investors. Cities near expressways such as Greater Noida, Lucknow, Nagpur, and Gurgaon are becoming real estate hotspots due to their proximity to these high-speed corridors.

For investors, this offers an opportunity for capital appreciation and promising returns. Properties near expressways are becoming highly sought after, with excellent potential for growth due to enhanced connectivity and infrastructural development.

Upcoming Expressways in India

India is also gearing up for more expressway projects that will further enhance connectivity:

1. Dwarka Expressway: Spanning 27.6 km, it is the widest expressway in India, easing traffic from Delhi-Gurgaon.
2. Ganga Expressway: A 594 km expressway connecting Meerut to Prayagraj, reducing travel time significantly.
3. Bangalore-Chennai Expressway: Set to span 258 km, expected to be completed by 2024.

Want to invest in properties near expressways of India?

MoneyTree Realty is the leading property dealers in Delhi NCR and offers a diverse portfolio of commercial and residential property for sale in accordance with the RERA Act 2016. Real estate consultants at MoneyTree Realty help you understand market trends and provide a complete and comprehensive property analysis using the data-backed analytics and help you buy property for sale at prime locations and make a strategic real estate investment in India.

Services offered by MoneyTree Realty

MoneyTree Realty stands out as a leading channel partner in real estate, thanks to our exceptional services and expert property consultations.

Why Invest with MoneyTree Realty?

At MoneyTree Realty, we provide comprehensive property consultation and analysis using data-backed insights. Whether you're looking to invest in properties near expressways or need guidance on the latest market trends, our expert team is here to assist you.

Services offered:

• Expert property consultations.
• Data-backed analytics for a strategic investment.
• Guidance on market trends and RERA-related queries.

Contact us today at +91 9732300007 to explore the most promising real estate opportunities near expressways in India!

FAQs About Expressways of India:

What is the total expressway network in India?

• As of July 2023, the total length of expressways is 5,930 km, with 11,127.69 km under construction.

Which is the longest expressway in India?

• The Delhi-Mumbai Expressway will be the longest expressway, spanning 1,380 km, upon its completion.