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subject: Real Estate Development In Sonepat [print this page]


Sonepat is a district of Haryana which is recently added in the Delhi NCR area. Sonipat is currently undergoing a lot of real estate development and infrastructural overhauling. This phase of development in real estate in Sonepat is quite recent as the Sonepat eight to ten years back was just a simple town where agriculture was the main occupation and there was only very nominal development in the real estate sector, the prices of the land were very low and no remarkable increase was observed in the real estate prices. Roads in the city were in very bad condition. Facilities like water supply and sewage disposal were also not available in many colonies back then. People used to migrate to the metro cities in search of jobs and higher education.

The real estate development in Sonepat started around 2004. The Kundli was the town of Sonepat where the real estate development started first. The real estate developers that started their real estate sonepat projects first in Sonepat were TDI that developed TDI city in Kundli, Ansal API that developed Sushant city in Kundli and Tulip that developed Tulip Grand in sector 36 of Sonepat. After these projects were successful many renowned real estate companies of India such as Parsvnath, Omaxe, Eldeco, Parker, Pardesi, GTM, Shri Vardhman started their real estate projects in Sonepat. After that everywhere in Sonepat a real estate development was going on.

The government real estate agencies such as HUDA and Housing board also started many real estate projects in Sonipat, HSIIDC, the industrial real estate developer agency of Haryana started developing many industrial areas in Sonipat which brought many industries to Sonipat and jobs are available in Sonipat itself. Many roads and highways were constructed in Sonepat in that time and the condition of roads improved remarkably. Even the colonies started getting many facilities such as water supply, sewage lines, waste disposal facilities and power connections. Soon Sonipat has become one of the most rapidly developing real estate areas in whole of Delhi NCR, and almost every major real estate company of India wants to develop their real estate projects in Sonipat. This is just the beginning to the whole new era of real estate development in Sonipat as many new real estate projects are started every now and then in Sonipat.

by: Jindal real estate




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