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Sonepat: A Promising Real Estate Destination in Delhi-NCR

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Parsvnath-Developers
Sonepat: A Promising Real Estate Destination in Delhi-NCR

Sonepat is soon going to become a realty hot spot like Gurugram and Noida. The city is being referred to as a good investment option with several infrastructural developments pushing the demand for this area. Apart from closeness to Delhi, factors like availability of reputed realtors and choices of apartments, townships, independent villas in Sonepat as well as plots at affordable prices, etc. are driving the demand.
The development initiative of the Haryana government has made Sonepat an attractive destination for investors. Over the last few years, the city has seen the opening of several renowned educational institutions which is driving the demand for property in Sonepat. For example, Rajiv Gandhi Education City, a futuristic project by the Government of Haryana, IIT Delhi’s campus, Ashoka University, O.P Jindal Global University, etc.
The Kundli-Manesar-Palwal (KMP) Expressway and the Eastern Peripheral Expressway have played a significant role in boosting connectivity in this region. Sonepat now can be easily accessed from major cities of Haryana that is an excellent benefit for buyers and developers.
To encourage economic activity in the area, two HSIIDC industrial estates contain various small and medium industries. Leading brands like Atlas Cycles, Hilton Rubber, ECE, Hindustan Everest Tools, and Satnam Overseas already have their units here and many more are planning to come.
realty prices rising in Delhi, Noida, and Gurugram, the focus has been shifted to tier 2 cities like Sonepat, Panipat, etc. Realtors like Parsvnath, Omaxe, Ansals, Jindal Realty, etc. are just a few developers developing acres of residential properties catering to varied segments. Given the growing residential market and young buyers looking for flats in Sonepat, malls and shopping complexes are growing in Sonepat as destinations for shopping and entertainment. With a plethora of opportunities for development and property prices still lower than Delhi, Gurugram, or Noida, a good return on investment is assured.

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