Sonepat, the town in Haryana lies at a distance of 16 kms from Delhi and is an important part of National Capital Region. It is fast emerging as a hot cake for realty investors both in commercial and residential sectors. Great connectivity, excellent physical features and ample availability of social and civic utilities like mega industrial and educational projects are some of the factors that are leading to a boom in the property in Sonepat. Quite famous in the nation, the city is an attractive destination for those looking for affordable property in Sonepat.
The property prices in Sonepat are expected to rise considerably in the future making it an attractive investment destination for many real estate developers. With the upcoming Metro network project that will connect Delhi with Sonepat, there has been a boom in prices in residential and commercial property in the city. Also KGP (Kundli-Ghaziabad-Palwal), the expressway will connect Palwal with Sonepat via Ghaziabad and it will provide a bypass on the eastern side of Delhi. The network would provide considerable relief to people travelling from Sonepat to the National Capital region for work and leisure.
Connectivity with the upcoming KMP Expressway and the Rapid Rail corridor for Delhi-Sonipat-Panipat, will make Sonepat the next big city in Haryana poised for growth. The 6 lane KMP Expressway will provide world class infrastructure and have amenities like fuel pumps, police stations, refreshment centers and more to make commuting easy for travelers. The KMP expressway is expected to trigger realty growth in Sonepat.
The Residential Property in Sonepat has a huge potential and the capital and rental values are expected to increase substantially in their near future. The area has witnessed amazing growth in infrastructure and population since the last few years and a similar trend is likely to continue in the coming years. There have been notable infrastructural developments in the form of construction of Railway Bridge on Sonepat-Kundli road, up gradation of power units, improvement of sewerage system and water supply.
Located next to the northern border of Delhi, the area will soon establish itself as an extension of Delhi and offers its residents modern and urbane lifestyle to enjoy a sophisticated living and that is the reason it is referred to as new Gurgaon in making. Since the area enjoys good connectivity to Delhi many prominent realty groups like TDI, Ansals, Parker, Omaxe are coming up with some great projects in Sonepat.
The establishment of the 5,000-acre Rajiv Gandhi Education City in Sonepat, has also made the city an important residential city for homebuyers, who have been shifting from NCR due to sky rocketing property prices. Apart from this, Jindal global city also boasts of O.P. Jindal Global University- a non-profit establishment that provides world class education.
One good example of residential property in Sonepat is “Pranava Independent Floors” by Jindal Realty. The complex offers 3BHK independent floors of sizes starting from 214 Sq. mtr (256 square yards) and there are separate floors featuring three spacious bedrooms, a dining and living room, a front and rear lawn for ground floor and wide balconies. The three levels of independent and spacious living also come with an advantage of common access to top terrace, reserved parking for each floor and modular kitchens.
For those who want to invest in villas in Sonepat, Jindal Farm Villaz is an amazing option that offers a secured and stylish lifestyle with villas designed by well acclaimed architects and featuring grand party lawns, splendid terrace gardens and expansive master bedroom with walk in closets.
Those looking for budget plots in Sonepat, to build homes the way they like, there are independent and well demarcated plots offered by Jindal Realty of sizes varying from 133 – 811 Sq.mtr (160 to 970 square yards). The plots adjoining to 65 meter wide roads connect to NH - 1, have water, electricity and well laid sewerage facilities and give you freedom of doing things in your own style. The plots in the Jindal city will be eco-friendly and have rain water harvesting. The price of Sonepat Global city plots prices are user pocket friendly.
Not just the residential but demand for commercial property in Sonepat is also growing by leaps and bounds. Jindal Galleria again by Jindal Realty is a perfect place where shopping and entertainment goes hand in hand. It offers a complete world in the form of state-of-art medical facilities, banks, ATM, reputed educational institutions; ample parking space, cyber cafes, and well lit metaled roads.
Proximity to Delhi, is the USP of this area besides other factors like affordable prices, prominence of big realty groups and fast track growth of several infrastructural and development projects.
Taking into consideration the growth momentum, properties in Sonepat are expected to yield handsome returns in the next few years.