Realty Demand in Sohna Has Pushed Due To an Increase in Industry & Infrastructure

Sohna is now located in South Gurugram and has become an eminent micro-market in the Millennium City. The first stretch of the Gurgaon-Sohna Expressway (NH-248A) has become operationalized, and the commute time between Gurgaon and its southern suburb has come down to mere 15 minutes. It has become faster than it takes to travel within Gurugram. This is the reason Sohna has been seeing heightened demand for real estate.

As you know, Sohna is the entry point of the 1350-km-long Mumbai-Delhi Expressway. After the government’s other game-changing industry and infrastructure development like 1500 acres IMT (Industrial Model Township), Kundli-Manesar-Palwal (KMP) Expressway, freight corridor, Orbital Rail Corridor. Sohna has very close proximity to Jewar International Airport, and operational IGI airport among others making Sohna accessible to various economic hubs.

The industries have been pushed for several companies to set up units in the 1500 acres IMT, connecting Gurgaon-Alwar road and KMP Expressway. The government has developed more than 500 acres as an electronic manufacturing cluster in IMT. Sohna has been growing as a popular destination for warehousing and logistics. This is the reason real estate activities are emerging like never before. Several popular developers are undertaking a modern development that offers holistic living and lifestyle in the lap of nature. So, it has increased the demand for homes but also a consistent rise in habitation. The Sohna real estate has given significant growth since 2013 and it has also delivered over 30,000 units up to the third quarter of 2021, according to Anarock.

Sohna is developing faster than expected and the town possesses natural demand which will further growth in industries and jobs. The increase in demand is due to a reduction in travel time and a change in preference towards a good quality of life, living close to nature, and best-in-class amenities has lured the home buyers, commented on the region, Amarjit Bakshim CMD, Central Park.

Central Park Flower Valley has been spread across approximately 250 acres and 350 plus families. All these numbers have been expected to swell further to over 1000 families as delivery in the group housing project is lined up. Central Park Flower Valley is a completely walled township with a vast swathe of green, a multi-tier security system, and operational amenities like a horse stable, basketball, and volleyball courts, indoor badminton courts, football ground indoor gymnasium, and many more. In fact, the company is going to launch luxury independent floors by the end of this month based on the concept of a fruit valley.

The Dausa stretch of the Mumbai-Delhi Expressway has become a major landmark in India’s infrastructural endeavors. It will reduce the commute time, offering easy access to economic hubs along the expressway and new developments in housing, office, warehousing, and logistics will completely change the socio-economic landscape of Sohna, said Arvind Rai, Director of Valuation Service, Colliers.

Gurgaon is witnessing the rise of air and noise pollution, traffic congestion, and higher commute time for work and entertainment. Residents are gradually moving away from the hustle and bustle of the city to a quieter and more serene location. So, this is the reason Sohna is the most sought-after destination that is replete with not just lifestyle-fused developments and adequate social infrastructure.

There are tons of ancillary industries and warehouses that are operating in the region currently. As IMT Sohna shapes up and industries move to this industrial town, the demand for real estate has seen a manifold rise. Property price in Central Park Flower Valley has seen a 2.5-4 time rise.

The connectivity has become a catalyst of this region and the upcoming Sohna-Dausa stretch of DMIC, Gurugram. The micro market has experienced multiple benefits. Sohna is the emerging realty hub in Gurugram which has improved the connectivity and transportation links to other cities. This has also encouraged businesses to set up offices and factories, said Pradeep Aggarwal, Founder & Chairman of Signature Global (India), Ltd.

Sohna has transformed with better connectivity and industrial activities, and more employment opportunities are being created.

Jul 30 No Comments

Newly opened Sohna Elevated Road to boost the Gurugram’s Real Estate market

Author: +91-7765906259

Categories: Gurgaon Property News & Real Estate Updates

A section of the elevated road between Subhash Chowk and Badshahpur is now open to travelers. The construction is intended to shorten travel times and ease traffic congestion between Gurugram and Sohna. The elevated main route will also be connected to the Delhi-Vadodara expressway by an entry at Alipur. Sohna Road is a prime illustration of how Gurugram has consistently made a significant contribution to the expansion of the NCR real estate sector. Sohna, located among one of the country’s oldest mountain ranges, home to lakes, hot springs, temples, and various historical buildings, has remained a well-liked tourist destination. South Gurugram is another name for the district of Sohna, which is located in Gurugram. Over the past two decades, Gurugram has experienced tremendous economic expansion, which has accelerated urbanization and boosted the real estate sector.

Many projects have over the time been relocated to the city’s western and southern districts because of the rapid demand in rising areas like MG Road, Udyog Vihar, and Cyber City. Sohna Road, Golf Course Extension Road, and Southern Peripheral Road (SPR), which extends all the way to Sohna town, are just a few of the new areas that resulted from this. The working-age population of Gurugram is increasingly choosing to buy real estate in Sohna. This makes the area, a desirable site to invest in residential real estate due to its accessibility, excellent social infrastructure, and affordability. Sohna Road in Gurugram has thus become one of the most sought-after real estate sites.

The Sohna elevated road opening will provide increased and enhanced connection to significant regions and economic areas of Gurugram. It will shorten travel times and facilitate mobility to locations where getting there took a long time owing to traffic. After commuters are granted access to the 22-km Sohna elevated road, real estate development in the area will also increase. End users employed in places such as Golf Course, Golf Course extension road, and cyber hubs will increasingly opt for the Sohna region. With Sohna’s excellent connectivity to Gurugram’s commercial centers, the real estate market would naturally grow.

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Jul 13 No Comments

Final Stretch of “Delhi-Mumbai Expressway” to open from July 11

Author: +91-7765906259

Categories: Gurgaon Property News & Real Estate Updates

One of the largest infrastructure projects in Delhi-NCR, the 21km elevated road from the Gurugram-Delhi Expressway to Sohna has finally reached its inauguration stage dated July 11. Nitin Gadkari along with Union minister Rao Inderjit Singh will inaugurate the six-lane Sohna elevated road next Monday. Since the work on 9km stretch of elevated road between Rajiv Chowk and Badshapur finished this week, this entire portion will be opened to commuters in coming days. Remaining portion was already opened for the commuters from April connecting Badshapur and Sohna. Total budget of the project is Rs. 2000 crore and this project will help in providing ease to commuters as the distance between Gurugram and Sohna will be reduced many a times by solving the traffic issues.

With the opening of Delhi-Mumbai expressway, relief will be provided to commuters as signal-free corridor junctions such as Vatika Chowk will be provided to them. Vatika chowk is mostly congested during the peak office hours due to Southern Peripheral Road running adjacent to elevated road in Gurugram. NHAI officials have recently announced two more access points near Subhash Chowk and Jail Road in the city. Apart from the Gurugram-Sohna connection, the elevated road is expected to cut travel time for the 120km journey between Gurugram and Alwar to less than two hours which earlier used to take more than three hours to cover. This route is extremely vital to Delhi-Mumbai Expressway link connecting India’s two largest urban centers via Haryana, Rajasthan, Madhya Pradesh and Gujarat.

Construction of package 1 of this Delhi-Mumbai Expressway link completed earlier in the budget of Rs. 944 crores and it was opened from the month of April whereas construction of package 2 will cost around Rs. 1000 crores and this part will open from July 11. Construction of package 2 was repeatedly delayed due to pandemic disruptions, ban on construction in NCR during the heavily polluted winter months and issues with shifting existing infrastructure on the route. Residents are awaiting this project from long time and are relieved that finally the construction is over. They are hopeful that this expressway will resolve traffic congestions, not just on Sohna road but also at intersections like Vatika Chowk.

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