Sohna Road is one of the most sought-after residential location in Gurgaon. The main attraction of this location is its affordability and good connectivity to NH8 and Golf Course Extension Road. With construction work going on in full swing along the Southern Peripheral Road, the locality is further connected to another popular realty destination, that is, New Gurgaon.
There are numerous reasons why Sohna Road is eyed by the domestic as well as foreign investors. The first and foremost reason is the affordability factor. Since Gurgaon’s residential realty market is full up to the brim, the developers started moving towards the outskirts of the city, Sohna Road being one such micro-market. As rapid infrastructure development started off in this location, developers have come up with their apartments, villas and row house projects and other property in Sohna Road.
Builders like Ashiana Group, Raheja Group, Supertech, Unitech, TATA Housing and CHD Group have come up with their affordable projects in this location. Prices of residential properties range between 12 Lakh and 75 Lakh. A few premium projects have also been launched that lie in the 75 Lakh to 1.5 Cr bracket. Ashiana Mulberry, Homestead Sohna and Gold Souk Golf Links are a few affordable projects in this micro-market.
Sohna Road is the direct link that connects Gurgaon to Sohna. It is a 23 km stretch and has seen superfast development in the last 2 years. Popular destinations of Gurgaon such as Golf Course Extension Road, National Highway 8 and DLF Cyber City can be easily reached from Sohna Road. The Indira Gandhi International Airport is just 18 km from the location. Easy connectivity through buses, autos and metro is available. The KMP Expressway is also in the vicinity of Sohna Road. Haryana government has planned to set up theme hubs along the expressway such as leisure hub, sports hub, etc. It will improve the popularity of this residential belt.
Along with the extensive residential development in Sohna Road, large scale organizations like Cognizant, Huawei, Rockwell Automation and TNS Global have leased offices in and around the area. This will create more employment opportunities and further boost the demand of residential projects.
Sohna Road is rising as a preferred residential destination among investors as the locality is expected to bring huge returns in the future. In the next 5-8 years, the locality will bring a minimum of 20-40% returns.
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