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3 Reasons Why Sohna Should be Your Next Investment Option

With the latest CBRE report, Gurgaon has come out as a bullish market when it comes to real estate investments. Another adjoining area which has been showing great promise is Sohna.

gurgaon

3 Reasons Sohna has come a long way and shows serious promise as the next big thing in the real estate industry –

  1. Corporate Hub – With Gurgaon, getting saturated, Sohna, the adjacent place has become the next big thing when it comes to corporates. A host of big MNCs and five star hotels have already set up their operations there. And this will only be growing with time.
  2. Well Connected – Sohna is very well placed which makes connectivity extremely easy for people around. National Highway 8, Huda City Centre and Sikanderpur Metro Station are in close vicinity making travel much easier. The airport is also around 20 kilometers from here.
  3. The Social Quotient – With corporates and five star hotels coming in the area, there is a population with valuable purchasing power. Considering this, there are IT parks, Malls like Liberation Mall, Mall and House, schools like GD Goenka, Delhi Public School and so much more in the area. When it comes to style then there are luxury villas in Gurgaon & Sohna and penthouses in Gurgaon & Sohna are quite high in demand.
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Future Scope of Residential Apartments in Gurgaon

Residential apartments in Gurgaon will be seeing more demand in coming days as collector (circle) rates of immovable property have gotten reduced by 15% as mentioned by Haryana government on 27 June, 2016. The collector rates have been reduced keeping in mind the following factors:

  • Rates for registration of property
  • Market rate
  • Rates of plots fixed by private builders in the district

residential-apartments-in-gurgaon

One more reason of increase in its popularity is green commercial buildings. People are now understanding with more clarity about the significance in ‘green’ growth in residential segment. Green buildings also address the major concern area of waste disposal.

Various incentives provided in green commercial building include:

  • Higher FAR
  • Property tax incentives

Green buildings are better solution in near future, since designing and building real estate which results in much lower emissions is in almost every developer’s mind today. The popularity and demand of penthouses in Gurgaon is increasing rapidly because major population in Gurgaon comes under financially well groomed sector. Another reason for its growth is a symbol of wealth and modernity. The locations of penthouses are majorly located in such areas where the connection to important places is easily approachable and the basic as well as desired amenities are provided too.

penthouses-in-gurgaon

With more NRI’s, foreigners and people with deep pockets moving into metropolitan cities like Gurgaon, the penthouse availability has also gone up due to these reasons. Common key factors that distinguish a regular residential property with penthouse are:

  1. More land space (Sq. ft.)
  2. Desired amenities (Swimming Pool, Gym etc.)
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