Sohna: A Vital Node for City Expansion
Through historical scope, the geography starting from Mini Secretariat of Gurugram to Rajiv Chowk covering over twenty-five kilometers marks the south region of the Gurugram district, known as Sohna today. In the last decade, real estate developers have seen the huge potential for future growth in this suburban area. Just in the past few years, the National Highway Authority of India (NHAI) also launched the Sohna Expressway, which comes off Rajiv Chowk as it leads towards Alwar city. This appealing highway has played an important role in improving Sohna and the surrounding areas of the Nuh. Also, approximately five years ago, the NHAI opened the Western and Eastern Peripheral Expressways, whereby Sohna is patronage of the Western Peripheral also known as Kundli Manesar Palwal (KMP) Expressway. The presence of these two expressways of Gurugram – Alwar and KMP, have further spurred the planning of the towns in the region with real estate developers and investors in the world flocking to them.
A New Development in October
Back in October, Modisaid the development of the northern part aims to lower the central- northern region’s dependence on the southern regions of the country for goods and services. While addressing those present, he pointed out that this region has a history of backwardness and neglect and farmers were able to cultivate only to the extent the rain allowed. Moreover, as substantial investments from foreign and domestic companies have been attractive in the past three years, consumers and job seekers who want to settle down are also looking into the area. Although Gurugram was previously known as a remote or rural area of India the past few decades has completely transformed the economy.
Opportunities in Industrial Development
The industrial zones and corridors along the Sohna-Dausa stretch provide a growing potential for setting up manufacturing units, logistics hubs and warehouses. Detrimental as it may seem to the real estate sector, this inflow of industrial development brings about a ripple effect as businesses and investors look for appropriate properties and land for their projects and operations. Real estate developers have been fast to address this surge by developing new projects to satisfy the growing demands of industries.
Residential Growth: Meeting Increasing Demand
With concurrent industrial development, the opening of the Sohna-Dausa stretch has also initiated a flurry of residential development in the gurgaon region. With better connectivity and economic opportunities, more and more people have the appetite to purchase into the real estate market. The appetite for residences in the forms of apartments, villas, independent floors or plots, gated communities, has led to a surge in construction works across the campuses. Such boom in residential real estate not only created jobs but also catered to the expansion and improvement of the region further. The city has been evolving as a major economic and industrial hub and hence the real estate is expected to grow along with further investments, businesses and residents moving in.
Dream Location: We are Decorated & Trustworthy Real Estate Brokers
The real estate developers have positioned themselves particularly well in Sohna where the demand for commercial and residential property has spiked. And as we are aware that the Indian real estate market is booming so is dream location able to fulfill the expectations of the buyers of properties that are best in market.
For more information about Dream Location and to search your dream property, please visit Dream Location on Google Map. Contact us today to know more about the best real estate deals in Delhi and North India; we will connect you to the right property investment.