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Sonipat is emerging as NCR’s next iconic city, offering affordable luxury housing, rapid infrastructure development, growing industrial investment, making it a prime destination
Sonipat provides more spacious properties at lower prices, making it an appealing choice for homebuyers looking for a better lifestyle without the hefty price tag. (News18)
Sonipat is rapidly emerging as the next iconic city in the National Capital Region (NCR). Traditionally, cities like Gurugram and Noida have been the go-to destinations for those looking to buy a home or secure investment. However, due to soaring property prices, inflation, and traffic congestion in these cities, Sonipat is poised to surpass them in the next five years.
Quietly, this city is becoming one of the most luxurious and desirable locations in NCR, preferred for its affordable housing, commercial properties, and land.
A Growing Shift In Property Preferences
Post the Covid-19 pandemic, there has been a noticeable shift in buying behaviour. Many buyers have moved away from the costly flats in Gurgaon and Noida, opting for Sonipat, where similar amenities are available at half the price.
As a result, Sonipat is emerging as the future city of NCR, providing an attractive alternative for individuals and families looking for better value.
Rapid Infrastructure Development
Unlike many Indian cities where infrastructure projects tend to progress slowly, Sonipat is defying this norm. Earlier this year, approval for extending the Delhi Metro’s Yellow Line to Sonipat was granted swiftly, with work already underway.
By 2028, Sonipat will be just a 45-minute Metro ride away from Connaught Place, making it more connected than ever before.
Additionally, the completion of the Urban Extension Road-II by June 2025 will ensure that residents can reach Indira Gandhi International Airport in just 45 minutes, possibly even faster than those in South Delhi.
Sonipat: A Growing Industrial Hub
Sonipat’s rapid industrial development is another major factor contributing to its rise. According to Cushman & Wakefield’s latest NCR MarketBeat report, Sonipat now accounts for 31% of the total industrial leasing in NCR.
Major companies, such as Maruti Suzuki, have established long-term operations here, making property investments in Sonipat increasingly lucrative. The industrial area of Kundli, for example, has seen land prices surge by 190% since 2020, with plots now selling at Rs 61,000 per square yard.
Surge In Luxury Housing Demand
The demand for luxury housing in NCR has seen an 85% growth over the past year, with a significant portion of this growth occurring in emerging areas like Sonipat. The city offers more spacious properties at lower prices, making it an attractive option for homebuyers seeking a better lifestyle without the hefty price tag.
Attractive Investment Opportunities In Tier-2 And Tier-3 Cities
Experts are increasingly focusing on tier-2 and tier-3 cities, recognising the rising demand for homes and investor interest. Sonipat’s improving infrastructure, particularly its enhanced connectivity to Delhi and other NCR regions, has positioned it as a prime location for real estate investment.
With growing demand for customised homes, Sonipat is expected to become a major hub for developers and buyers alike.
Affordable Living With Prime Connectivity
Sonipat offers an excellent blend of affordability and connectivity. Houses in the city are currently priced between Rs 4,500 to Rs 6,500 per square foot, compared to Rs 8,000 to Rs 15,000 per square foot in Gurgaon.
This price difference makes Sonipat an attractive option for both homebuyers and investors. Annual rental returns in Sonipat range between 3% to 4%, providing a stable source of income for investors.
The Future Of Sonipat: A Family-Friendly Destination
Sonipat is becoming increasingly popular among young professionals, entrepreneurs, and families. The city provides the perfect balance of affordable, spacious homes and access to modern amenities, without the congestion of more established NCR cities.
Families are enrolling their children in reputable schools, enjoying green parks, and embracing a more peaceful lifestyle. With the city’s growing popularity, it is clear that more people and businesses are choosing Sonipat as their preferred destination.
Sonipat: The Emerging Heart Of NCR
Sonipat is on track to become the next big hub in NCR, thanks to rapid infrastructure development, affordable property prices, and a growing demand for both residential and commercial spaces.
The trends seen in cities like Gurugram and Noida in the past are now unfolding in Sonipat, making it a prime location for both living and investing. With every new infrastructure project, Sonipat moves closer to becoming an integral part of NCR, and property prices are expected to adjust accordingly in the coming years.
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- Location :
Sonipat, India, India
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