After Gurgaon, Sohna is all set to become a next destination of home seekers and investors, as a booming location for real estate. As per the newly announced Master Plan 2031, Sohna is getting ready to witness more plotted developments and new projects of commercial realty and group housing.
Perhaps, Raheja Developers is going to be the first one to develop its flagship township project, Aranya on Sohna. In the close proximity of IMT-Sohna, Raheja’s Aranya is a well-integrated project aggregated underneath previous master plan of 2008-09. IMT of Sohna is a location, where Haryana Government has proposed industrial area of over 1700 acres.
Some realty experts are also expecting to see double investment values once IMT is established and started functioning. When it comes to the plot rates, they cost Rs. 100,000/sq. yard. But in Sohna, the land prices are still approx. Rs. 30000/sq. yard. Sohna also experiences maximized valuation. In the past, the prices were 1.5 to 2.5 crore rupees per acre in Sohna. Now, it has been gone up by 3 to 4 crore per acre.
However, in Sohna, the plot rates are considerably reduced as compared to well-developed neighborhoods like MG Road, Golf Course Extension Road and etc. If you are looking for a long-term but profitable investment, then acquiring a property in Sohna makes sense.
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