The NH 24 stretch, which began as a straightforward transit route linking Delhi and neighbouring Uttar Pradesh, has brought about a trend of growth in the real estate market, attracting both investors and homebuyers. The corridor is transforming Ghaziabad's skyline with its extensive infrastructure development, which includes the NH24 expansion to a 14-lane motorway, RRTS connectivity, and metro connectivity extensions.

Many infrastructural projects are transforming the affordable residential belt around NH24 into a sought-after luxury destination. The daily commute has been made easier by the Delhi-Meerut Expressway, which has cut the travel time to East Delhi to 45 minutes. The RRTS, which connects Sarai Kale Khan and Meerut, adds an important significance to connectivity.

As per the MagicBricks report, multistory apartments along NH24 typically cost between Rs 5,322 and Rs 9,146 per square foot, with an average price of Rs 7,234 per square foot. The Noida-Greater Noida Expressway offers better value for buyers looking for premium properties in NH24, with an average price of Rs 11,924 per square foot (ranging from Rs 8,482 to Rs 15,367 per square foot).

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Commenting on the effect of recent developments on real estate around NH24, Amit Modi, Director, County Group, says, “NH24 has emerged as one of the most promising corridors in NCR. The pace of development—be it expressways, metro connectivity, or integrated townships—has positioned this stretch as a strong contender to traditional luxury hotspots. The growth around Wave City especially makes this an ideal confluence of lifestyle, connectivity, and long-term value.”

Sanjay Sharma, a Director of SKA Group, believes that with the world-class infrastructural development, the area is becoming a focal point for urban living.

“The transformation of NH24 is a textbook example of how connectivity redefines real estate dynamics. With the Delhi-Meerut Expressway, RRTS, and metro extensions, the area is becoming a focal point for urban living. Wave City, in particular, offers unparalleled connectivity and livability, making NH24 a prime destination for long-term investment," said Sanjay Sharma.

The area is well-positioned for long-term growth due to growing rental yields and the establishment of job centres, he added further.

Commenting on the same, Sunny Katyal, co-founder of Investors Clinic Infratech Pvt Ltd, said that NH24 is a blend of low-cost investment and high-growth potential.

“From an investor’s lens, NH24 offers the perfect blend of low entry costs and high appreciation potential. Strong metro and road connectivity, coupled with proximity to the operational Hindon airport, are game-changers. We foresee a multi-year bull run in this corridor,” Sunny Katyal stated.

With significant upgrades like the Delhi-Meerut Expressway, metro expansions, and the upcoming RRTS, NH24 may become a high-potential real estate hub and not remain merely a connecting route.

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