Is Sohna Road the next go-to for residential properties?

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Impact of Delhi-Mumbai Expressway on the Realty on Sohna Road

As the Delhi-Mumbai Expressway and the Sohna elevated road nears completion, the real estate sector is likely to see a major development as they improve access, create jobs, and allow people to move with ease.

Completion of this major road infrastructure projects is likely to turn Sohna Road into the next big real estate hub of the National Capital Region (NCR). Developers who have invested in the area strongly believe that these two road projects will boost housing alongside Sohna Road.

According to developers, due to the increase in population and multiple government initiatives, Sohna is expected to witness heightened demand for residential spaces in the coming days. Sohna is aligned with the Delhi-Mumbai Expressway, Palwal-Sonipat Orbital Rail Corridor, linked to KMP [Kundli-Manesar-Palwal] and a new elevated road to Gurugram will boost housing in the city.

Improved connectivity

Developers and experts are looking forward to the expansion, after the visit by Union transport minister Nitin Gadkari at Sohna on September 5. There he announced that work on the Haryana portion of the Delhi-Mumbai Expressway and Sohna elevated road will definitely be completed by mid-2022, despite NHAI’s clarification that the Sohna elevated road would be completed only by June 2022.

Market trend

According to recent studies and findings by real estate consultancies, there has been a significant change in buyers’ preferences, as many prefer to reside in gated communities located on the outskirts of the cities.

According to a report released by Anarock, last year almost 57% of home launches in NCR took place in areas on the outskirts of Gurugram, such as Sohna and Sohna Road.

Basic infrastructure

While most of the stakeholders are enthusiastic about Sohna’s emergence as a housing location, others suggest caution as the area is still lacking in physical, social, and recreational infrastructure.

To shed more light on the pros and cons of Delhi-Mumbai Expressway, and its impact on realty in Sohna get in touch with an expert from Value Homz Group. With thirty years of unrivaled experience, they are the perfect guide for anyone looking to invest in residential and/or commercial property near Sohna Road.

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https://www.valuehomzgroup.com/