The aesthetic view of Sohna road and the beauty of Aravalli mountain range attract people as tourists till now. But, today the scenario has changed completely as the infrastructural development, demand for residential complexes and stretched working districts make Sohna one of the fastest emerging areas in the Indian property market.
Gurugram is been known as an exotic and affluent area to invest in the Indian real estate market. In fact, the rapidly growing economic and infrastructural development of this city has extended the arena by manifolds. While trying to adjust between the urban and tourist crowd, the Sohna area here in Gurugram has shine as a metal in the Indian Property market. Also, the magnificently planned residencies, commercial hubs and smooth connectivity to the National Capital Delhi and other NCR regions made Sohna the number one choice of the prospects.
The Sohna area which is better known as the South Gurugram saw the limelight due to the economic elevation in its nearby areas such as Udyog Vihar and MG Road. In fact, the developmental wave in Gurugram has taken Sohna region into its stride as the residential and commercial infrastructure is being extended up to the Golf Course Road, Golf Course Extension road and many more.
The smart connectivity, nearby workplaces, plush living atmosphere, and the planned city map have emerged Sohna as a perfect property destination. Apart from these here are the five key factors that make this place one of the frequently emerging property arenas in Gurugram.
- Property Trends:
The professionals working in Gurugram look for a nearby residential place and thus the Sohna area is currently witnessing a high demand for affordable housing. Therefore many realtors are coming up with multiple residential projects in this area which falls under the Government’s PMAY scheme and offer budget housing to both middle-income group as well as to the low-income group. At present, the area holds 20,000 housing units which are under construction and cost below and up to 40 lakh rupees. All these residential units will be ready for delivery in coming three to four years.
- Property Rates:
Sohna location has seen a rising property rate between the first quarter of the year 2015 till the third quarter of 2017. But, the introduction of reforms such as RERA Act, GST, Benaami property, and demonetization has brought a dip in the property rates by 2-3 percent.
- Development of Social Infrastructure:
The establishment of educational institutions like, GD Goenka World School, Ryan International School, SCJ World School, DPS, St. Xavier’s High School have made this place a standard place to nurture the young brains. The next thing which makes Sohna count in the property market is its proximity to Taj Gateway, Botanix Gateway and other important places.
Also, the place is near to various shopping malls and hotels which enlighten the nightlife and entertainment in the area.
NH 248A: The National Highway connects Sohna with Gurugram while passing through the Sohna road. This four-lane National Highway is proposed to be extended till Alwar. Also, this highway will connect the KMP Expressway which is also known as the Kundli-Manesar-Palwal Expressway.
Southern Peripheral Road [SPR] – The construction of this 16-km long road will be completed in the minimum time possible after which commuting from Sohna to Golf Course Road, Golf Course Extension Road and NH-8 will be easier.
Northern Peripheral Road [NPR] – Better known as the Dwarka Expressway, this 8-lane highway is 28km long and connects Dwarka in Delhi to Kherki Daula in Gurugram. The construction of this road got delayed due to land acquisition issues and other litigations but now the NHAI – National Highway Authority of India took the possession of this land and has renamed the road as NH 248BB.
5. Metro Rail Link:
Till now the HUDA City metro station is the nearest metro station from Sohna. But, the proposed development of the area has planned another metro link which will pass from Golf Course Extension and will connect Southern Peripheral Road till Manesar.
Basically, the growth of infrastructure and other amenities in this area has made Sohna a future living address for people.