Saturday, March 23, 2013

Why invest in Gurgaon-Sohna region

This area has great connectivity and prospects with the proposed 1,483km-long DMIC, new Metro linkages, and the forthcoming KMP bypass coming up in the vicinity. Also the place is in close proximity to the main city which is a leisure hub, a leather hub, a sports hub. Other facilities close to the developing sectors of the Sohna master plan include Westin Sohna Resort, GD Goenka World School, KR Mangalam University, and Ascendas’s IT & ITeS project. MMTCPAMP SA gold and silver refining is located at the Roj Ka Meo industrial estate near Sohna.
Top developers like Raheja Developers, Gold Souk, IREO, Central Park, Tata Reality, Godrej, MVL, Universal, ILD, Avlon, Parsvnath, Paras and Homestead are planning to launch new projects here.
Raheja Developers has launched Raheja Aranya City in Sectors 11 and 14; these is a plotted-development project. Raheja Aranya City is an integrated township close to IMT Sohna, where a 1,700-acre industrial estate is planned by the Haryana government.
Navin Raheja, the CMD of Raheja Developers, says: “The new sectors of Sohna will definitely enhance the prospects of Aranya City as a residential and retail destination for the thousands of people who will get jobs there. The value of the investments is likely to multiply appreciably once this industrial estate is up and running. With the sanction of the new sectors, real estate activity as a whole will see heightened activity.”
Gold Souk, another realty player in the area, is planning to launch Gold Souk Golf Links, a premium highrise project that offers units of 1,250-2,350 sq ft at Rs 5,000 per sq ft. Ashish Gupta, the MD of Gold Souk, says: “Our forthcoming projects are located on the proposed 150-metre Gurgaon Extension Road and along the two sides of the 60-metre roads of Sectors 17 and 25.

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