Sonipat Property Market: If you are thinking of buying a house or land in Delhi-NCR, then do not only pay attention to Gurugram or Noida. Now Sonipat has become a rapid emerging name. In the coming few years, this place is going to be the highest demand for real estate, where buying a house in Gurugram and Noida has been out of the common man’s bus, while the same type of flats and plots are available in Sonepat at half price. Rates are currently running around Rs 4,500 to 6,500 per square feet, while the same rate in Gurugram has reached Rs 10,000-15,000.
Why are people running away from Gurugram-Noida?
Excess inflation
Traffic disaster
Small flat
And loans burden on the head
Now people are carefully investing in areas like Sonepat. Where not only houses are being found cheaply, but also good connectivity and service.
Connectivity is getting tremendous.
The Yellow line of Delhi Metro is now coming directly to Sonepat. By 2028, Sonipat from Connaught Place can be reached by metro in just 45 minutes. The new express road will be ready by 2025, so that the airport will also remain 45 minutes away. That is, now Sonipat is not going to stay away. It is now going to be the real part of NCR soon.
Right time to invest
According to the report, the base of industry and companies in Sonepat is also increasing rapidly. Land prices in areas like Kundali have increased by 190% since 2020. Meaning today, the rate you will buy a plot or house can also be double in the next 2-3 years.
Rent is also getting good
Rental income in Sonipat is also fine. Returns from 3% to 4% are being received every year. And as the metro and roads are ready, the fare will increase even more.
Not even behind in luxury
Not only cheap property, now people are also buying big bungalows, villas and luxury flats in Sonipat. The reason is clear, at the same price you are getting a big house, open area and quiet environment here.
Best for family
Now people are also shifting here with family. Good schools, parks, hospitals, and less crowded-everything is present. If you want a home in the life and budget of peace, away from the crowd, then Sonipat has become the perfect place. The way people ran towards Noida and Gurugram at one time, now the same trend is being repeated with Sonipat. If you are planning to buy a house or invest in property, then this is the right time to take Sonepat seriously. Rates will also run and demand in the coming 2-3 years.