SONIPAT

Just like Panipat, Sonipat too lies on NH-1 and is 50 km from New Delhi. A record growth in the real estate market is recorded by Sonipat in the recent years. It has changed into a real estate hotspot in the NCR region, and all of this is due to the world-class development in this region. Sonipat is quite different from the other regions of NCR as real estate prices are comparatively low in here. A lot of frequent development activities in terms of commercial and residential development are taking place in this small town in the recent past. Local and national developers are keen to invest in projects launched here. Some property developers have already started working on their commercial projects and the mega township plan in this city. In the first half of 2017, a deal was done between China and the government of Haryana. The Wanda Group of China signed an MOU (Memorandum of Understanding) with Haryana State Industrial and Infrastructure Development Corporation or HSIIDC. It is a development program in this city where the Wanda Group will set up a world-class industrial park known as the Wanda Industrial New City here. The expected investment made in this project is projected to be $10 billion. If the record of real estate development of Sonipat is to be into consideration, then we will see that this region was once an agricultural zone, but now it is an industrial area with a lot of development taking place over here. In the recent past, the prices of properties have increased by four times of what it used to be. Real estate experts suggest that Sonipat will become a huge market for commercial and residential establishments shortly with the help of first-class infrastructure and government support. The town is going through a makeover regarding real estate market which a progressive procedure for a better future.