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7 Facts About Living in Sohna!

Located south of Gurgaon, Sohna is one of the most upcoming towns in the NCR region today. With Gurgaon, Manesar, and Delhi getting saturated, industry focus has now shifted to Sohna.

residential-plots-in-gurgaon

  • Sohna is well connected to Gurgaon through the Sohna Road which in turn is in close proximity to the Golf Course Extension Road.
  • The nearest metro station being Huda City Center metro station, there are state-owned buses which help people commute till there.
  • In the last one year, this region has seen an appreciation of 8% in capital values.
  • Rentals have seen an appreciation of 33% in this area in the last 3 years.
  • There is a wide range of residential offerings in the area from villas to apartments, all in the affordable to the luxury range.
  • Compared to nearby Gurgaon, the prices in these areas are much more affordable making it a smarter option.
  • Since there are many developments coming up in the area, there are many shopping malls, apartment in Gurgaon, residential plots in Gurgaon, 5-star hotels and other recreational options coming up as well.
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Demand and Supply of Affordable Housing and Plots in Gurgaon

Gurgaon, a city with little history but marvelous growth in present market condition is expected to come in competition with countries like Dubai in future. Within a few years it has become an economic centre of the nation. With more than 250 organizations, around 500 BOP’S / KPO’S and over 2 lakh executives working in the city, plots in Gurgaon are becoming a high priority among those who want to purchase a residential apartment. Demand of commercial spaces is directly proportional to the investment of residential apartments.

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Emerging of various start-ups is also one of the reasons of increase in demand of purchase of plots in Gurgaon. Another factor to be taken into account is the introduction of Real Estate Infrastructure Fund (RFIF). The proposed move will eventually help in unlocking funds from completed projects in real estate. Funds will be raised through the sale of units.

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City which was initially known for luxury and premium properties has also included affordable housing into account. The present market scenario in real estate in link with affordable housing in Gurgaon is such that demand for affordable residential apartments is more while the supply is far less. This is also another key factor why real estate developers are focusing more on affordable plots. The interest shown by various people in this segment is likely to facilitate timely delivery of projects.7th pay commission approval by the cabinet is another key factor which will help real estate sector in seeing a boost.

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