SOHNA ROAD PROPERTY IN GURGAON - THE HIGH END RESIDENTIAL HUB AND COMMERCIAL DESTINATION
Gurgaon Real estate have always been the Prime investment destination for real estate investors in gurgaon especially in the last few years as the property prices have gone many folds but it is just the beginning of the investment prospects.
Gurgaon Sohna Road has been one of the major reason for such a growth in the gurgaon realty index.The property on Sohna road comprises of both the residential as well as the commercial real estate.Due to the entrance of prominent real estate developers in gurgaon like Unitech,Bestech,Vipul,BPTP,Orchid,Uppals etc the status of living in this area has seen an unparalleled growth with society comprises of all the basic as well as luxurious amenities like Swimming pool,Ultra modern club house with steam ,sauna,jaquzzi,games court.
Sohna Road is more of a residential area as of today and the commercial market will take some time to develop. In case one wants to invest in the commercial plots here, the amount that will be charged is not very high as compared to that on Golf Course road. “The rent is Rs 100 per sq feet and in case you want to take up a shop on rent, you will shell out not more than Rs 80 per sq feet. Some well-known developers that are present on Sohna Road are Emaar MGF, Unitech Group, Bestech Group, DLF Ltd etc. These builders plan to continue to roll out projects in this neighborhood as demand is expected to increase with improvement in infrastructure, in times to come.
The residential property prices on Sohna road ranges from 6500 - 9000 Rs/sq.ft.Most of the projects on Gurgaon Sohna Road are already occupied
and rental values ranges from 20 Rs./sq.ft. to 30 Rs./sq.ft.Sohna Road enjoys a niche position in the realty market. It is expected that in the near future, the place will see a capital appreciation of around 15-20 % depending on individual projects and locations. After a boom in the residential development on the Sohna Road, the area is set to emerge as the next axis of industrial and commercial development like the MG Road.Since the establishment of industrial model township in Manesar, the whole stretch leading from Gurgaon up to Manesar has seen a rise in industrial and commercial growth. Manesar is now home to some of the biggest names in the industry.
Gurgaon-Sohna Road is now the most happening place in Gurgaon. The developing area is well connected to NH-8, Golf Course Extension Road; also, it has excellent connectivity with Gurgaon and the NCR through the Metro line.