Sohna (South of Gurgaon) a new booming region is being considered by real estate experts as a best place to buy affordable price residential property. The property price will definitely rise here just the once IMT Sohna is operational, experts say. As well as, the Delhi-Mumbai dedicated freight corridor is passing through this region and all the jumbo industrial estates and infrastructure on the cards in company with the KMP Expressway will extra value to the real estate investment.
With the announcement of Sohna Master Plan, a wide range of residential apartments, floors, and plots have been announced by top real estate developers. Few months ago, 11 real estate developers have collaborate to support this region as an affordable destination for residential property within accessibility of Gurgaon.
As per the Master plan 2031, population of this part of NCR is estimated to rise tenfold by 2031. Approx 20 new sectors have been assigned in the new master plan. This new master plan has approved the development of 6,110 hectares; over 28% of the land would be urbanized for residential purpose even as 20% has been assigned for commercial purpose.
Residential property at here offers wide choice for different budgets & requirements from affordable to luxury. For example if your income is below Rs. 1 Lacs, then you can’t think about to buy property in Delhi & Gurgaon, but Sohna offers wide options to suit every budget.
In this location people can buy 2 & 3 BHK Apartments in the range of Rs. 3200 per sq. ft. to 5200 per sq. ft. depending location & class of the development. But these days Raheja Maheshwara a residential project from Raheja Developers is offering 2 & 3 BHK Apartments & Penthouses at very affordable price of Rs. 2975 sq. ft.
Apart from this, many real estate developers are also launching with township with plots, apartments, floors and villas. With the announcement of the proposed metro corridor, the upcoming and current residential developments are expected to get an outstanding response from investors & end users. The sectors touching the edge of Sohna Road are already started to experience of real estate boom.
At here Central Park Group is launching Central Park 3 Sohna also known as “Central Park Flower Valley” an integrated 500 acres township. The gated community offers apartments, villas, plots and floors with every feature for which this real estate developer is known for.
As stated by a marking person of Central Park Projects we are catering different needs of the end users like for the singles or couples we are offering Central Park 3 The Room Lake facing apartments, Central Park 3 The Villas are for the connoisseur of luxury, Central Park 3 Floors are for the people who wants to live life independently and Central Park 3 Plots are for the people who have special taste for their dream home.
According to Tata Housing Spokesperson, “This new developing stretch is an excellent investment region as in the coming few years it can give excellent return. We always analyzed this region as a high-potential district and launch our residential project Tata Arabella Plots in Sector 11 and 14 Sohna. Encouraged with the rising realty market, we are thinking about more residential developments in this region.”
REASON TO INVEST
After experiencing a boom in the residential projects on the Sohna Road and Golf Course Extension Road, the recently introduced Master Plan, this region is all set to come forward as the next real estate hub for residential & commercial developments. IMT Sohna is also expected to develop into the next SEZ in Delhi NCR. The planned infrastructure continues to add value to the overall development making South of Gurgaon a best objective for those in search of affordable price residential property, in comparison of other parts of Delhi NCR.
