Real Estate - All You Need to Know About Sohna Road, Gurgaon

Real Estate - All You Need to Know About Sohna Road, Gurgaon

Sohna Road in Gurgaon every day is now being regarded as one of the most sought after micro markets for investment in Delhi NCR. Sohna Road has all the features that buyers and investors look out for – it is well connected, infrastructure development is on the rise, and the potential of achieving high returns on investments. The development of this corridor has been fast and the corridor is now already focuses on the residential, commercial and retail buildings where people can find everything they need for comfortable life in modern city and where they can be sure that they invest in the growth potential of the area.

If one is planning to invest or work in Gurgaon then below mentioned points regarding Sohna Road will help you understand why Sohna Road has become one of the most sought-after localities to invest money in Gurgaon.

1. Prime Location and Connectivity
Housing Sohna Road offers a huge advantage since the location interconnects cites of Gurgaon with other major parts of the NCR. It starts from Rajiv Chowk on NH-48 and goes right up to Sohna town thus catering not only Gurgaon but also the districts of south Haryana. Other locality facilities include the nearness to Golf Course Extension Road, Southern Peripheral Road (SPR) and National Highway 48 (NH-48).

In addition to this, Sohna Road has well connected approachability with other business hubs such as Cyber City, Udyog Vihar and HUDA City Centre making it ideal for individuals working in those places. The Indira Gandhi International Airport is approximately 30 minutes away while the new Delhi-Mumbai Expressway is expected to make the connectivity even better soon.

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2. Growing Infrastructure
It is for this reason that the social as well as the physical infrastructure of Sohna Road is expanding at a fast rate to cater the real estate development. Several schools, hospitals, malls as well as recreational facilities are available within the vicinity that makes this place a complete town in a town.

G. D Goenka World School, Pathways World School and KR Mangalam University are among the premier educational institutes located in and around Sohna Road. The establishments of these schools are a bonus to the area since families, searching for quality schooling for their children will find them valid options.

That is why healthcare facilities are also well developed and it is easy to reach the best hospitals such as Medanta-The Medicity, Artemis Hospital and Park Hospital. Health care facilities are also superb and hence many families and working professionals are found to be living in sohna road.

3. List of Residence on Sohna Road
The properties available in the residential real estate market in Sohna Road can thus be bought by so many different people. It doesn’t matter if a person wants a low-cost housing or a high–end apartment, Sohna Road has something to offer to all the segments of the society. Many of the leading builder/developers have indoctrinated varieties of projects at Gurgoan such as DLF, Omaxe, Eldeco, Raheja, Unitech etc.

Sohna Road can also be considered as a suitable option for those seeking for comparatively low cost housing market with mid-segment flats equipped with clubhouses, swimming pools, gyms and green areas. These projects house people comfortably in contemporary structures at rather affordable prices making them suitable for starters and the youth.

4. Commercial Real Estate Growth
Sohna Road has further developed into the major commercial and business centre in Gurgaon owing to the well developed networking. Years back, many IT parks, business centers, and office spaces have developed in the region largely compelling the corporates and business entities to establish their operations in the area. This has culminated to increased demand for commercial real estate hence propelling the growth of the locality.

Such commercial spaces around include Spaze I-Tech Park, Vatika Business Park, and JMD Megapolis where offices for most multinational and IT companies are located. Rising commercial real estate has led to increased need for residential property around the areas given that most employees attending to business parks prefer to live nearby.

5. More notable activities include the identification of future prospects and investment potential
Therefore, Sohna Road has good prospects in real estate investment due to proper infrastructural development, proper location, and expansion in the construction. As for the property values, there has been a stable increase in the property prices over the recent past years and the trend is expected to persist in the few years to come.

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List of Residence on Sohna Road

It could therefore be bought by so many people since the list of the properties available in the residential real estate market in Sohna Road is very extensive. Sohna Road does not only offers low-rises and affordable accommodations to the economical and middle-class citizens, but also a luxurious flat to the upper class. A large number of reputed builder/developers have exposed varieties of projects at Gurgoan such as DLF, Omaxe, Eldeco, Raheja, Unitech etc.

Sohna Road can also be used as a preferable area for a relatively lesser expensive area of housing sector with mid-income flats having facilities of club, swimming pool, gym and green Belt. These projects accommodate people well in well designed fashionable building cheap enough to be afforded by starters and the youth.

Commercial Real Estate Growth

Due to well-developed networking Sohna Road has further evolved into the largest commercial and business hub in Gurgaon. Some years ago many IT parks business centers and office complex have evolved there maximum forcing the corporate and the business houses to start their operations in the said area. This has led to the increased demand for commercialasco real estate hence the growth of the locality.

Other commercial premises around include the Spaze I- Tech Park, Vatika Business Park, JMD Megapolis where most of the multinational, and IT companies’ offices are situated. This has seen commercial real estate rise hence the need to invest in residential property around the areas as most of the employees serving the business parks prefer to live close to their workplace.
Other significant activities include the following; future prospects and investment opportunities.

Thus, the study concluded that Sohna Road was feasible for real estate investment because of the proper infrastructural development, proper location, and extension in construction. In the recent past years there has been a steady rise in the property prices and is expected to be the same in the few coming years.