Sonepat, once a small town in Haryana has successfully emerged as a flourishing urban city and a favorite 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 is evident from the wide range of housing options available and the amazing landscape changes happening. Residential property in Sonepat includes an array of projects namely plots, apartments, independent floors, bungalows and posh villas.
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 home buyers 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 depends 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 villa in Sonepat since these palatial villas make a wonder home in itself. The calm, serene and peaceful surroundings around the villas project enhance the living experience and offer the dwellers a blissful living. These villas make a fabulous family place comprising of spacious and expansive rooms and are loaded with high end-facilities that include terrace gardens, magnificent party lawns, multiple car parking facility and lush green open spaces.
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.