Property in Sohna Road Gurgaon: Emerging Real Estate Hub in Delhi NCR
Gurgaon-Sohna Road is an important growth node in the NCR real estate market. The 6-lane stretching 7 km has good connectivity to National Highway NH 8, IGI Airport and Golf Course Extension, the emerging commercial hub attract huge investment. In the coming years, it will be connected to New Gurgaon via Southern and Northern Peripheral Roads that are fast developing, thereby ensuring good returns to investors.
This micro market offers a vast portfolio which includes many commercial retail and residential properties. Real estate developers Raheja, Central Park, Vipul, Supertech, Tulip and Reputed Builder have played key role in redefining the skyline of the city. The road with fine physical and social amenities such as schools, hospitals, hotels and shopping malls of Omaxe, Ninex & Galleria is becoming a hot residential destination in the region.
Residential apartments in Sohna Road Gurgaon in the area range from group housing apartments to luxury villas to plot residential apartments. All the gated establishments with modern facilities, landscaped ambiance and high end security create holistic living experience. There are many good Ready to move in options in the area with average price fixed at 8,000-11,000 per sq ft.
This reveals that the place is comparatively affordable than the other locations, namely MG Road and Golf Course RD. The under construction projects in Sohna Road Gurgaon extend from Southern Peripheral Road that links Golf Course Extension to NH-8 intersecting Sohna RD at Badshahpur.
3,4 BHK apartments being developed in these micro markets priced in the range of 4,500 to 9,500 is 20-30% lower than the ready to move in property in sohna road Gurgaon .Property prices is expected to increase by 18-20 per cent in near future along the stretch as more and more companies are heading towards this micro market. Companies like Cognizant, Atos and Rockwell Automation have leased office spaces in the area driving housing units demand in the locality.
Widening of the road in place, construction of flyover (600m) at Subhash Chowk and another flyover between sohna RD and southern peripheral RD will further improve connectivity across the area. Major infra growth plans proposed in sonha road stretch offer hope for sustainable residential & commercial development promising maximum returns to the investors. Huge investment here is likely to appreciate various infrastructure projects once. Buyers looking for affordable and long term investment options in Gurgaon find Sohna RD immensely lucrative. Many top national and international names in the industry have brought projects in the area that have made this a hotbed for real estate investments.