Sohna Road emerges as a popular real estate destination
Sohna Road is a good investment option. Affordable prices, good livability conditions as well as infrastructural benefits offered via Sohna Road and NH-8 are factors which are favourable for property sales even among end users.
An emerging real estate destination, property in Sohna Road includes various realty segments such as office spaces, retail stores, malls, IT parks, condominium with apartments, villas etc. One of the main factors which favour such development is the availability of surplus land parcels for residential and commercial projects.
Due to a number of worthwhile projects on Sohna Road, investors have taken a likeness to this locality. Some of these include Today Canary Greens, Unitech Uniworld Gardens, Unitech Sunbreeze, Today Callidora, Malibu Towne, Tulip Whilte etc.
As per an article which was published in Indian Express, in 2011-2012, there had been a significant increase in property prices of nearly 50% in both commercial and residential verticals of real estate. This has made Sohna Road properties quite popular amongst investors.
In the new Master Plan for Gurgaon, with a number of new sectors getting approval for real estate development, one can anticipate a number of new projects in Sohna Road region.
As Old Gurgaon has saturated and even on NH-8, seemingly, there is no scope of further development. Moreover, due to the Sohna Road as well as proximity to NH-8, excellent road connectivity is established. Moreover, new projects on Sohna Road will boast of further infrastructural advantages in the form of two elevated flyovers. The first of these is going to be developed as per the directives of the Haryana Urban Development Authority while the second will be developed under the jurisdiction of the Municipal Corporation of Gurgaon (MCG).
Other factors which favour real estate development on Sohna Road include lavish green spaces, large open regions etc. Also, due to the presence of various recreational areas, landscapes, educational and health institutions, spas, resorts etc, a number of developers have their projects in this region, which may be referred to as the projects in Sohna Road region.
Infrastructural advantages besides relatively less prices in comparison to some areas of Gurgaon and Delhi makes residential projects in Sohna Road locality quite profitable for end users.
Projects in Sohna Road are also favourable to those buyers and investors who wish to retire in the quite abyss of peace and tranquility. This is because most private developers are promising not only residential accommodations but a lifestyle at Sohna Road.
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