Real Estate Properties in Sonipat

Sonipat is a municipal corporation and town in Haryana. It is part of the national capital region and is just 20 kilometres away from the city of Delhi. The Yamuna River runs along the Eastern boundary of the city.

The city has deep roots within Hindu mythology and it is believed that it was founded by the five Pandava brothers during the time of the Mahabharata. According to a legend, the city was originally known as Sonaprastha and then Swarnaprastha which means ‘Golden City’.

Stats and Facts

• According to the provisional data from the 2011 census, Sonipat’s metropolitan population stands at 2,92,339 while the total population of the city area is 2,77,053
• The sex ratio in the Sonipat metropolitan area stands at 873 for 1000 males. On the other hand, the sex ratio for girls is 788 for per 1000 boys
• The average literacy rate for the Sonipat metropolitan area is 87.22%, and for Sonipat city it is 87.56%
• Sonipat district has a total land area of 2,260 sq. km. and it’s topographically divided into 3 regions - the Khadar, Sandy Region and Upland Plain

Small and Medium Scale Industries

• Industrial development in Sonipat started in the early 1950s and has flourished ever since, with many small and medium-scale industries being set up there
• Sonipat primarily has 4 industrial areas namely Sonipat, Kundli, Rai and Barhi
• Atlas Cycles is the foremost industrial unit in Sonipat and some would argue that it was the root cause of industrial development in the city. The factory was set up in 1950 and today it is one of the largest cycle manufacturers in the world
• The Electronic Construction & Equipment Co. Ltd. or Birla Factory, as it is commonly known, is another prominent manufacturer. They manufacture transformers and switchgear
• L.T. Foods Ltd. is another name in the Sonipat industrial sector. They are into milling, processing and overall marketing for a basmati rice brand named Daawat Rice

Connectivity

• Sonipat does not have a dedicated airport with regular flights. However, the Indira Gandhi International Airport in Delhi is located just 43 km away and can be reached by road. The Dehradun airport is also used by the residents of Sonipat and is located 176 km away
• The Sonipat Railway Station (sometimes known as the Sonepat Railway Station) is the primary mode of inter-city connectivity in the city. There are regular trains that travel to and from here on a daily basis
• Sonipat is also connected to other major cities through a regular bus transport
• Road connectivity in Sonipat is also good because the city is located on National Highway 1 and is easily reachable from all major cities
• Shortly, the Delhi metro will be set up in Sonipat as well which will make inter-city travel a lot simpler. It will also make it easy to travel from the city to the Indira Gandhi International Airport

Sonipat Civic Administration

• The district of Sonipat has a single municipal council. The other municipal bodies in the district are municipal committees namely Kharkhoda, Gohana and Ganaur
• The Sonipat Police are the state police of the city that have a set jurisdiction within the state of Haryana

Sonipat Infrastructure

The city has attracted plenty of attention in terms of infrastructure from authoritative individuals like the state chief minister - Bhupinder Singh Hooda. He earlier stated that there are multiple big-ticket infrastructure projects in the pipeline that will surely hit Kundli-Sonipat as it is touted to be the next Gurgaon of Haryana.

Most investors know that a city witnessing massive infrastructure reworks is bound to see skyrocketing real estate prices. Currently, basic aspects like connectivity are being bolstered in Sonipat and once those are in place the city will be an investors’ haven.

Infrastructure Projects

Sonipat Real Estate Market

• The Sonipat real estate market is set to skyrocket with the mega educational, industrial and infrastructural projects lined up in this area of the national capital region
• Competitive rates in Sonipat have made it a target for many real estate investors, as there is almost guaranteed price appreciation set to take place
• Kundli is the key locality in Sonipat and has a Q1 2014 property rate of INR 3,609. This is a quarter-on-quarter increase of 6%

Key Localities in Sonipat

Charges by Government Bodies

Property Registration

? Stamp Duty - 6% in rural areas and 8% in urban areas (including @2% municipality duty)

? Gift Deed - 3% in rural areas and 5% in urban areas

Property Tax

Property tax in the city is collected by the Municipal Council, Sonipat.

Uttar Haryana Bijli Vitran Nigam Limited

The Uttar Haryana Bijli Vitran Nigam Limited is an undertaking by the government of Haryana. It is responsible for power distribution in the northern parts of Haryana.

Electricity Tariff

E-Forms

Sonipat has downloadable e-forms for self-assessment of property tax and application forms for services like birth and death certificates.