Sohna emerging as a promising real estate destination
Owing to increasing land and property prices in Gurgaon, many investors are moving southward towards Sohna. Sohna is emerging as a good investment destination, especially for those looking for ample open spaces.
While Sohna Road has already been witnessing fast-track development and a healthy demand for properties, Sohna is also turning out to be a promising destination for end-users. The area is a good illustration of mixed-use development giving way to further growth and planned urbanization.
Location and Connectivity
Sohna is a town in Gurgaon district of Haryana. It is located at approximately 25 km from Gurgaon and Faridabad, while Delhi is at around 55 km away.
Sohna can be easily accessed by the Delhi international airport, Gurgaon and Delhi through the national highway 8. It is well connected with Faridabad, Bhiwadi, Golf Course Extension Road and other parts of the NCR.
A number of residential projects, villas, IT parks, shopping malls, availability of spacious plots, etc. that are coming up along the Sohna Road stretch make Sohna a sought-after location for home buyers. It also offers good deals for those looking for resale properties.
Infrastructure
Several infrastructure and real estate projects are being planned along the Gurgaon-Sohna road till Sohna. The Southern Peripheral Road, that links NH-8 to Golf Course Road and South Delhi, is currently under construction. The planned IMT Sohna is also likely to become the next big industrial park in the region after IMT Manesar and IMT Faridabad.
The connectivity to Delhi and Faridabad will further get a boost, with the proposed 150 metre-wide Gurgaon Extension Road connecting the existing Golf Course Extension Road. The 1,483 km-long Delhi-Mumbai Industrial Corridor (DMIC), a mega infrastructure project and its industrial estates, along with the KMP corridor, is located close to Sohna Road. This prime vast industrial corridor would also add to the value of investments in the surrounding region.
Real estate growth
Land availability, connectivity and rise in commercial activities have been driving the demand for real estate development along the stretch. Since properties in Gurgaon mostly come with high price tags, Sohna, which offers properties in affordable price range, attracts buyers.
By observing Sohna’s property market in the past few years, it is evident that the prices will increase in the near future. Being alarmed by the current trend, reputed builders are coming up with projects in Sohna. Tata Housing has already planned to launch a project offering luxurious villas at Sohna.
While many sectors in Gurgaon, which were allocated land through Master Plan-2025, have already reached a saturation point and the property prices in these parts have crossed Rs 1 lakh per sq ft. This has paved way for rising demand for residential properties in Sohna, as the prices are still affordable.
The new master plan for Sohna, which sanctions the development of 6,110 hectares, has further given a boost to the region’s realty scenario. More than 20 new sectors have been notified in the new master plan. As per the plan, above 28 percent of the total area will be earmarked for residential sectors while 20 percent will be reserved for industrial purpose. Around 5,000 acres of land will be reserved for residential and commercial development in over 20 sectors, and 2,600 acres of land will be earmarked for green and open spaces under the plan. Besides this, 1,600 acres will be preserved for an Industrial Model Township (IMT) which will be developed by the Haryana State Industrial and Infrastructure Development Corporation Ltd (HSIIDC).
Many reputed developers like Tata Housing, Raheja, Gold Souk, Parsvnath, Godrej, IREO, Central Park, Universal, and Paras are coming up with their new projects in this region. Raheja Developers has launched Aranya, an integrated township close to IMT Sohna while Gold Souk is planning to launch Gold Souk Golf Links, a premium high-rise project that offers units of 1,250-2,350 sq ft at Rs 5,000 per sq ft. CHD Groupâs CHD Avenue 71, a premium multistorey apartment project, is located on a 60-metre-wide sector Road. Unitech Group has a number of projects like Uniworld Garden 2, South Park, South City 2, Unitech Sunbreeze, Unitech Vistas, Nirvana Country 2 and the Residence along the main Gurgaon-Sohna Road.
Sohna is an attractive destination for investors and buyers looking to buy units at slightly lower rates, compared to Gurgaon or Noida. The proposed infrastructure continues to add value to the emerging new realty hotspot of NCR. With all these developments in pipeline, the properties in Sohna are expected to witness good appreciation of capital values in the days to come.
