Sohna,Road,Becoming,Gold,Mine, business, insurance Sohna Road Becoming A Gold Mine Of Opportunities For Gurgaon
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Sohnaroad is one of the major connecting roadways of the NCR region. Ithas been instrumental in singlehandedly increasing the property valueof the areas that lie between the two ends. The road connects thecity of Gurgaon to the town of Sohna. The city has everything one canhope for, but Gurgaon lacks in the most basic of amenities. Water isvery scarce in the city and that is one of the biggest woes of thisland. In order to keep the thousands of people living in the city andits various residential and commercial projects, there is no properinfrastructure in place. There is nothing that could dampen thespirits of any prospective investor more than this. Reasonsfor popularityHowever,with the lack of well planned accommodation and commercial space, thecity was the last resort for people who had been left to live here.This has been one of the best times of the real estate market of thecity. There is, however, a limit to the capacity of the cities tohold people. The city of Gurgaon was soon reaching the end of itstether and it seemed to become very crowded. This created the needfor the development of adjoining town and localities to becomesatellite towns and cities which will help to accommodate theburgeoning populations while also making inroads into theunderdeveloped lands. Processof developmentThere hasbeen a spate of approvals given for the development of the town andthe areas lying between the city and the town. The enhancedconnectivity and infrastructure of the area has contributed a lot tothe popularity of the new locality. The areas which saw the majorityof the real estate traffic in the years, old Gurgaon and the NH8 havebeen long saturated of the availability of the virgin lands fordevelopment. The availability of virgin lands means that the citywill have the most common of the investors running towards it becauseeveryone likes to have a piece of land they would like to call theirown. Realestate implicationsWith theincrease in the commercial and corporate buyers in the area, many newoffices have been set up which has changed the employment scenario ofthe city. This has enabled the residential constructors to advertiseby touching on the sentiments of the people. The increase inpopulation happened with the increase in jobs and with that the needfor accommodation and for new commercial properties grew. Thislocality is closely connected to the National Highway 8, Golf courseextension road and the national capital area around it. The Roz-KaMeo industrial area, Delhi Airport and the Kundli-Manesar-PalwalExpressway areas and in the vicinity has been the target of manyindustries and developers. Thisstretch of land in Sohna Road is going to be the next best destination for theindustrial and commercial development of the city and by that token,the best place for residential development. The prices of theproperties here are about the range of Rs8614 per sq ft forapartments and Rs. 73721 for the plots to build homes on.
Sohna,Road,Becoming,Gold,Mine,