Listen To The Article
Sohna is a prominent micro-market centrally located in South Gurugram, becoming a prominent location for investment. Since the opening of the first stretch of the Gurgaon-Sohna Expressway.
The commute time between the rest of the city and its southern suburb has been reduced to 15 minutes faster within Gurugram. As a result, Sohna is experiencing increased demand for commercial and residential real estate.
Aside from that, Sohna is a stop on the 1350-kilometre-long Mumbai-Delhi Expressway. Many game-changing industry and infrastructure developments by the government, such as the 1500-acre IMT (Industrial Model Township), the Kundali-Manesar-Palwal (KMP) Expressway, a dedicated freight corridor, the Orbital Rail Corridor, easy access to the proposed Jewar International Airport, and an operational IGI airport, among others, make Sohna accessible to various economic hubs, optimise the movement of goods and people, boost economic growth, and propel it as a pivot town.
Several companies have lined up to Set up shop in the 1500-acre IMT, which borders the Gurgaon-Alwar road and the KMP Expressway. In addition, the government will develop 500 acres in IMT as an electronics manufacturing cluster.
Sohna is becoming a popular location for warehousing and logistics as well. As a result, real estate activity is on the rise in all segments. Many prominent developers are embarking on new-age developments that offer holistic living and lifestyle options in the heart of nature.
This has resulted in an increase in housing demand and a consistent increase in habitation. According to Anarock, the Sohna real estate market has experienced significant growth since 2013, with over 30,000 units delivered through the third quarter of 2021.
Signature Global has several projects in the Sohna area and is very excited about the upcoming Sohna-Dausa Expressway. Signature Global has a wide range of independent floor projects, including Signature Global Park series projects like 1,2,3,4,5, and the majority of the projects have received extremely positive customer responses.
Source- Financial Express
