Sohna, which has emerged as a prime real estate destination , is set to get a further boost with the Haryana Shahari Vikas Pradhikaran (HSVP) deciding to develop new residential and commercial hubs.
As per the blueprint prepared by the HSVP, the planned realty hubs will come up in prime sectors 35 and 36. These will be developed over 400-s00 acres under the land pooling policy, having residential and commercial plots of different sizes.The land required for these new mega developments will be acquired with the consent of land owners .The land owners offering their land will get benefits in the form of developed residential and commercial plots against a portion of the land given for land pooling , besides incentives under TDR policy. One acre(4047 sq m) of land offered by the landowner, he will get a developed commercial booth of 22.68 sqm and a developed residential plot of 1048 sqm. will be a win-win for the cash-strapped HSVP as land is both costly and difficult to acquire . Under the land pooling policy, HSVP will get financial benefit also by way of developing and selling a portion of the land offered by the land owners.HSVP will also be able to use a portion of the acquired land under Land Pooling, for developing sectors dividing roads .
Once this plan gets implemented, it will provide a big fillip to the real estate in Sohna ,which has of late come up as a prime destination for residential and commercial developments , especially as an affordable housing hub. Post-covid, when home buyers are looking for green developments with health safety, Sohna on the foothills of Aravalis , with a lot of greenery, assumes a lot of significance. Especially with developers offering low-rise plotted developments. Sectors 35 and 36 are the premier sectors with some good projects like Signature Global Park 4 &5 in Sector 36. Soon this sector will have a major attraction in the form of Infinity Shopping Mall.
Along with land pooling plan, Sohna realty is all set to get a major connectivity push with six-lane eway from Rajiv Chowk (on nH8 Gurgaon) to Sohna getting operational this March. All this will give a good boost to property prices in the coming times.