Property is the hottest of the
investments made by the people in India. Everyone wants a piece of land, flat,
apartment or any kind of house as an investment which is also amongst the three
basic requirements as told in Hindi “Roti, Kapda aur Makaan” that is food,
cloth and house. Property is the only investment which very rarely don’t
provide low returns otherwise there always better returns in property than any
other kind of investments such as shares, bonds, insurance etc.
In terms of property in north India
or perhaps all of India, Delhi NCR is considered to be the fastest growing and
highest returns on investments in the field of property or real estate. Delhi
NCR means the Near Capital Region of Delhi. In NCR come the certain areas of
Haryana and Uttar Pradesh. Areas of Haryana that comes under the Delhi NCR are
Gurgaon, Faridabad and Sonepat and the areas of Uttar Pradesh that comes under
the Delhi NCR regions are NOIDA and Ghaziabad. Out of all these regions Sonepat
is the latest added to the NCR Delhi.
Sonepat is the fastest growing
real estate area in the whole NCR region. It has a great potential in it as it
is not as much crowded as other NCR region and has vast lands available for
development as real estate or property of both types that is residential as
well as commercial. All the major real estate companies of India such as
Ansals, TDI City Kundli, Tulip, Max
Heights, Mapsko, Sri Vardhman, Parsvnath, Parker, Pardesi, Omaxe and many more
are already developing their multiple real estate projects in Sonepat and many
more are lining up for space in Sonepat. In last six to eight years the prices
of property in Sonepat have
increased 20 to 30 folds normally and in some regions even more.
The most of the real estate
development in Sonepat is done on the GT road belt that is the areas which are
adjacent to national highway number 1 and in the Sonepat city itself. On GT
road belt the greatest of the development is done in the Kundli region. Kundli
is a town in Sonepat district which is situated on the both side of GT road and
is also on the border of Haryana and Delhi which makes it the best location by
the means of connectivity to the Delhi. After Kundli the GT road belt reaches
Sonepat city where enormous real estate projects are being developed and lastly
on the GT Road belt in Sonepat comes Gannaur, another small town of Sonepat
district where also some real estate projects are being developed such as the
Divine city by the Divine group.
In Sonepat city all the real
estate development is by private companies is done on the sectors allotted by
HUDA (Haryana Urban Development Authority) which is the real estate development
agency of Haryana government. Sonepat is the most affordable and fastest
growing area in Delhi NCR and in my opinion the best place for an investment in
real estate in Delhi NCR.