Sonepat, once a small town in Haryana has successfully emerged as a flourishing urban city and a favourite destination amongst investors. The present-day modern city is bustling with activity and has some iconic developments coming up in all the property segments. The economic development and prosperity of the city
Sonepat is the most upcoming cities which due to its proximity to the National Capital offer everything that a big city promises. After Delhi, it is the next alternate destination that has a huge potential for realty development and assures decent returns on the capital invested.
The place is an attractive target for potential homebuyers due to its lush green expansive stretches and great connectivity to Delhi and other prime locations via all means of public transportation. It is a cheaper substitute for investors and end-users who are looking for a place in Delhi but can’t afford to spend in one instance their entire life’s hard earned money and savings.
The growth and popularity of Sonepat depend upon several key factors like proximity to Delhi and Gurgaon, prominence of industrial units, reasonable property rates, and above all its connectivity by NH-1. Its locational advantages have lured many investors who after Noida, Greater Noida and Gurgaon will show a keen interest in Sonepat property market.
Another important reason leading towards the active development of the real estate in Sonepat is the Haryana government’s initiative to activate the large scale investors’ in this region as a result of which the city has evolved as an important industrial centre.
The huge land parcels available are being offered in the form of residential plots, bungalows, luxurious condominiums, villas and floors in Sonepat that are anticipated to fetch exceptional returns over a time horizon of 3-4 years.
There is ample availability of residential plots in Sonepat that have been drastically developed into best-in-class residential projects. These plots are doubly beneficial for the common man as it gives them the freedom to build their house the way they like matching their requirements, style and budget.
Another great residential option is a
Many top-class developers like Jindal Reality, Tanejas, Omaxe, Parasvnath Developers Ltd and TDI Group have come up with some landmark projects in the city and have made their presence dominant with their notable and indefatigable constriction quality.
Thus, there is a vast potential in the property market of the area and that needs to be explored to the maximum. The upcoming metro rail project in Kundli can also prove to be a welcoming development for the Sonepat real estate.