Sohna property market: An overview

[ecis2016.org] Sohna is a small town located on the Gurgaon-Alwar Highway. It is a municipal committee and is a renowned tourist location

A part of the NCR, Sohna, is divided into a total number of 38 sectors which have been categorised into residential, commercial, institutional, industrial, transport &communications, public utilities, public & semi-public use, open spaces, agricultural zones and natural conservation zones. Sohna has been sanctioned a development plan dominating a total area of 6,110 hectares, which would averagely house a density of 300 people per hectare. Locations of Sohna witnessing tourists streaming in include the Shani Dev Temple, Shiva Temple, Grand Park and Damdama Lake. A very famous fair called Gangasnan is also organised in Sohna every year.

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Connectivity with nearby Sohna localities

The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways.

• The region lies close to Sohna Road and Badshahpur Crossing Road, which are also popular residential and commercial hubs.
• The area is served by the National Highway 8 (Delhi-Jaipur Highway).
• The nearest metro station to the locality is the Huda City Centre.
• The nearest railway station is the Gurgaon railway station, which is situated at a distance of 28.1 kilometres from the locality.
• The nearest airport is T3 IGI Airport, which is 39 kilometres from the locality.
• The area enjoys unimpeded accessibility to areas such as Delhi (63.2 kilometres), Faridabad (37.9 kilometres) and other regions in the NCR.
• The region is linked to New Gurgaon (24.5 kilometres away) via the NH-248A.

Employment hubs near Sohna

The locality is witnessing an increase the population in recent years, owing to its proximity to various company offices in and near Sohna such as:

• SEOSPELL
• MorningPlum Healthcare Pvt Ltd.
• VServ Business Solutions Pvt Ltd.

Read also : Municipalities may raise Rs 6,000 crores from bonds, by FY20

Schools in Sohna Road and other social amenities

Read also : Top 10 Commercial Project in Pune

Sohna provides its residents with all kinds of social amenities to live a happy and peaceful life. This includes various schools and hospitals. Ryan Internationa School, GD Goenka Education City – GD Goenka University, MatriKiran, Vedas International School and many more enjoy being among the popular educational institutions of Sohna.

The major health institutions in Sohna include Safe Hands Hospital, Samvit Hopsital, Swastik Hospital & Trauma Centre, Sanjeevani Hospital – Child Specialist, Paediatrician, Neonatologist, Baby Clinic and Vaccination Clinic.

Apart from these, it also provides recreational amenities and proximity to various banks and ATMs. The locality also offers its residents a number of shopping malls, including Mall and House, Home Mall, Liberation Mall, R-Mall, 9X and ILD.

Read also : Municipalities may raise Rs 6,000 crores from bonds, by FY20

Physical infrastructure in Sohna Road

Development of theme hubs, namely Leisure Hub, Sports Hub and Leather Hub along the KMP Expressway by the Rajasthan Government is underway.

Read also : Municipalities may raise Rs 6,000 crores from bonds, by FY20

Price trends in Sohna Road

• Price depreciation in Sohna – Around 15.8% in the last 2 years.
• Current property rates in Sohna – Rs 4,172 – Rs 4,446 per sq ft.

Read also : Municipalities may raise Rs 6,000 crores from bonds, by FY20

Reasons to invest in Sohna Road

Sohna has emerged as a very convenient neighbourhood considering the easy living conditions and many job opportunities that it provides its residents with. Although the price rates have been seen to be decreasing in the present scenario, the increasing demand for properties in Sohna will soon cause property rates to rise. So, investing in Sohna will prove to be quite lucrative. The presence of commercial hubs in and around the locality, make Sohna a preferred working as well as residential destination of the NCR.

Big-ticket projects like MV Buildcon Precore City Plots, Central Park Villas At Flower Valley, Raheja Aranya City and Raheja Aranya Independent Floors, make Sohna a rather posh and coveted residential neighbourhood that provides better and cheaper living conditions.

Check Properties at Sohna

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Category: Lifestyle