Realty rise in Sonepat

Happy · 02-15-2007

Sonepat is emerging as the new residential destination for Delhiites after Gurgaon, Noida and Greater Noida.

Though swathed in legends, Sonepat, on the Delhi border forms one of the largest industrial zones of Haryana and is fast emerging as an excellent residential and investment destination. The area is now witnessing a spurt in real estate development with many developers and builders having launched large residential projects and others working on new plans.

Strategic location

This upcoming area falls in the National Capital Region and has well-developed industrial base and supportive infrastructure. It has 5,288 small-scale industrial units and 82 L.M. units. The area between Kundli and Sonepat town falls under a highly industrialized zone. Atlas Cycles, Hilton Rubber, Indo Asian Fuse gear; ECE, Hindustan Everest Tools and Satnam Overseas are some of the well-known brands which have units here. The majority of these industrial units are concentrated on both sides of the G.T. Road. The increasing cost of housing in the capital as well as the rising demand for housing has led developers and builders to look for fresh avenues for developing satellite townships. Experts believe that Sonepat has a great potential, as it is the closest suburb being developed by private developers and the location on the national highway gives it the added advantage. Perhaps what Gurgaon has done for South Delhi,Sonepat would do for north and northwest Delhi.

The metro rail, which will be touching Narela, will also be reaching Kundli in 2007. Most of the businesspersons staying in the entire north and west Delhi are looking at shifting to Kundli as this won't affect their businesses. Developers who had neglected this entire area are changing their attitude. Sonepat is the next destination that is going to be the hub where Delhiites would be concentrating next. Sonepat is physically well placed to service affluent areas. There has been no fresh supply of quality real estate for the residents of North Delhi areas in the last many years. Now the assembly of lands for big projects in Sonepat by the leading private developers bodes well for this part of Delhi. North and north-west Delhi can grow naturally to Sonepat as it takes 20-25 minutes to reach there which is manageable by Delhi standards.

kmathur · 02-15-2007

Plz tell me if any one knows authentic property dealer in this area…... I want to invest my money in Sonepat…

Thank in Advance
K Mathur

Sanmukh · 02-16-2007

Hello guys

Yes, I agree with u people that Sonepat is really a beau ideal place to invest in real estate field. I also want to invest in Sonepat. Can anybody tell me what are the current property rates going in TDI city(Kundli) and outskirts of Sonepat ?

thanx in advance

Ace Ventures · 10-29-2007

Dear Happy

You seem to know quite a lot about property in India. I have read many of your quotes. I am studying property appreciation patterns in India. As well, I am collecting data in other countries.

Please share more information with me. I would like to know more about places where investment in property would yeild a return of atleast 35% pa.

realtyrider · 06-10-2008

Everyday we get to hear some new projects and developments coming up in the residential and commercial segments of Indian real estate sector. One of the leading real estate developers of India- Parsvnath Developers Ltd, has announced their new project coming up in Sonepat. It will cater to the demand of buyers who are on the lookout for their dream house at an affordable price close to Delhi.

02-15-2007	#1
Happy Senior Member Join Date: Jan 2007 Posts: 112	Realty rise in Sonepat Sonepat is emerging as the new residential destination for Delhiites after Gurgaon, Noida and Greater Noida. Though swathed in legends, Sonepat, on the Delhi border forms one of the largest industrial zones of Haryana and is fast emerging as an excellent residential and investment destination. The area is now witnessing a spurt in real estate development with many developers and builders having launched large residential projects and others working on new plans. Strategic location This upcoming area falls in the National Capital Region and has well-developed industrial base and supportive infrastructure. It has 5,288 small-scale industrial units and 82 L.M. units. The area between Kundli and Sonepat town falls under a highly industrialized zone. Atlas Cycles, Hilton Rubber, Indo Asian Fuse gear; ECE, Hindustan Everest Tools and Satnam Overseas are some of the well-known brands which have units here. The majority of these industrial units are concentrated on both sides of the G.T. Road. The increasing cost of housing in the capital as well as the rising demand for housing has led developers and builders to look for fresh avenues for developing satellite townships. Experts believe that Sonepat has a great potential, as it is the closest suburb being developed by private developers and the location on the national highway gives it the added advantage. Perhaps what Gurgaon has done for South Delhi,Sonepat would do for north and northwest Delhi. The metro rail, which will be touching Narela, will also be reaching Kundli in 2007. Most of the businesspersons staying in the entire north and west Delhi are looking at shifting to Kundli as this won't affect their businesses. Developers who had neglected this entire area are changing their attitude. Sonepat is the next destination that is going to be the hub where Delhiites would be concentrating next. Sonepat is physically well placed to service affluent areas. There has been no fresh supply of quality real estate for the residents of North Delhi areas in the last many years. Now the assembly of lands for big projects in Sonepat by the leading private developers bodes well for this part of Delhi. North and north-west Delhi can grow naturally to Sonepat as it takes 20-25 minutes to reach there which is manageable by Delhi standards.

02-16-2007	#3
Sanmukh Member Join Date: Feb 2007 Posts: 14	Sanmukh Hello guys Yes, I agree with u people that Sonepat is really a beau ideal place to invest in real estate field. I also want to invest in Sonepat. Can anybody tell me what are the current property rates going in TDI city(Kundli) and outskirts of Sonepat ? thanx in advance

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02-15-2007	#2
kmathur Junior Member Join Date: Feb 2007 Posts: 1	Plz tell me if any one knows authentic property dealer in this area…... I want to invest my money in Sonepat… Thank in Advance K Mathur

10-29-2007	#4
Ace Ventures Member Join Date: Oct 2007 Posts: 16	Dear Happy You seem to know quite a lot about property in India. I have read many of your quotes. I am studying property appreciation patterns in India. As well, I am collecting data in other countries. Please share more information with me. I would like to know more about places where investment in property would yeild a return of atleast 35% pa.

06-10-2008	#5
realtyrider Senior Member Join Date: Apr 2008 Posts: 101	Everyday we get to hear some new projects and developments coming up in the residential and commercial segments of Indian real estate sector. One of the leading real estate developers of India- Parsvnath Developers Ltd, has announced their new project coming up in Sonepat. It will cater to the demand of buyers who are on the lookout for their dream house at an affordable price close to Delhi.