Expressways to boost growth in 30 Indian cities by 2035, Nagpur leads the way

Expressways to boost growth in 30 Indian cities by 2035, Nagpur leads the way

India’s expanding road infrastructure, including a growing network of expressways, is propelling 30 emerging cities toward significant real estate growth, with land prices projected to rise up to 5.2 times by 2035, according to a report by Colliers.

Nagpur has emerged as the frontrunner, followed by Jaipur and Lucknow, among these fast-developing cities poised to dominate India’s real estate market. The operationalization of the 701-km Samruddhi Mahamarg Expressway has elevated Nagpur’s investment potential, positioning it as a prime hotspot for real estate opportunities.

Other key micro-markets include Ahmedabad (Shela), Agra (Shastripuram), Jaipur (Ajmer Road), Lucknow (Raebareli Road), Meerut (Ganga Nagar), Chandigarh (Kharar), and Bhopal (Indus Towne). These areas, located in tier-2 cities, are identified as having immense potential for land price growth in the next decade.

“The expansion of expressways has transformed urban connectivity while fostering economic growth. Investing in land in these micro-markets along major expressways now could yield returns of up to 5.2 times by 2035,” said Swapnil Anil, Managing Director, Advisory Services, Colliers India.

The report is based on a comprehensive analysis of five key growth drivers: physical and social infrastructure, demographic trends, economic development, and real estate activity. Initiatives such as Bharatmala Pariyojana have played a critical role in driving this transformation.

Notable examples like the Yamuna Expressway, Mumbai-Pune Expressway, and Dwarka Expressway demonstrate how improved infrastructure creates thriving real estate zones. These projects enhance accessibility, attract investments, and fuel development in both residential and commercial markets, contributing to a ripple effect of growth across the region.