Sonipat

Sonepat or Sonipat is a town in Haryana, and a few kilometers from Delhi border. This city is fast becoming a popular real estate development area with numerous builders undertaking residential and commercial projects in the city.

Real Estate in Sonepat
Located near the western border of the Indian capital Delhi, Sonipat is seeing a high growth rate in the realty sector. As per prominent realtors, the town is fast emerging as " Gurgaon of the west".

Since Sonipat falls on one of the busiest national highways, it has become an attractive option for real estate developers.

Government Initiative and Infrastructural Development
With the ongoing development in the NCR cities, combined with metro service, the town is experiencing a "ripple effect" and seeing a lot of buzz in the real estate sector. The government initiative is another factor that has lead to an increase in the realty prices. The upcoming Kundli-Manesar-Palwal business corridor or the Western Express, with an investment of over Rs. 65,000 crores, will give a boost to the town development, thus leading to a high price rise in real estate sector.

The ongoing project of Rajiv Gandhi Educational University at Kundli will further make the area more developed and hence a lucrative real estate option. With the Haryana government deciding to set up a Rs 300 billion township for petroleum, chemical and petrochemical industries, the region is clearly on the fast track growth.

Commercial Real Estate
Development of infrastructure in the city is also leading to setting up of malls and retail showrooms. Ansals group is constructing 'Highway Plaza' with major brands like Big Bazaar, Pizza Hut, etc. Such properties will further increase the ongoing realty prices.

Industrial Real Estate
Kundli in Sonepat district is fast emerging as well developing satellite town in the NCR today. According to the Government's Delhi master plan 2021, the area will be a part of NCR with eight-lane proposed highway on NH-8. It is also a popular industrial base with many prominent companies like Atlas Cycles, Hilton Rubber, ECE, Hindustan Everest Tools to name a few.

Real Estate Developments
Real estate developers like Omaxe, Parsvnath and Ansals are undertaking residential and commercial projects in the town and these projects are being subscribed by NRIs and global investor.