South of Gurugram i.e. Sohna Road is home to a slew of business centres and technology parks, many of which are home to offices of well-known multinational companies. It also has a well-developed infrastructure and good connectivity. This area of Gurugram is home to several schools, offices, and medical facilities, with rental prices ranging from Rs 26,900 to Rs 71,500 depending on the sub-locality and type of property. For home buyers, the property price ranges from Rs 5,000-11,100 per sq ft.
According to BCCL, the maximum configuration available in Sohna Road is 3 BHK (53%) followed by 4 BHK (39%) and 2 BHK (8%). 24% Buyers prefer properties above Rs 1.75 crore, 58% prefer property between Rs 75 lakh and Rs 1.5 crore, around 12% prefer properties between Rs 1.5 crore and Rs 1.75 crore. Talking about the size, 39% of buyers looking for properties in Sohna road prefer a home above 2,000 sq ft, 46% prefer properties between 1250 sq ft and 2,000 sq ft, and only 15% of buyers prefer properties below 1250 sq ft.
The area’s appeal has been maintained due to varied offerings across realty segments, including luxury, making it one of Delhi NCR’s top five most-searched neighbourhoods. Many major livability index characteristics have improved significantly, indicating that the area is becoming a self-sufficient city. The area has residential-cum-commercial neighbourhoods with access to developed infrastructure, Key schools and hospitals, several malls, and connectivity through NH-48 that connects the area with Cyber City and Udyog Vihar.
Mr. Pradeep Aggarwal, Founder & Chairman – Signature Global Group & Chairman – ASSOCHAM National Council on Real Estate & Housing, “The popularity of the area can also be attributed to its accessibility. Sohna Road, which is well connected, is constantly seeing new developments that increase its convenience. The upcoming link between the new Jewar Airport and the Delhi-Mumbai Expressway is the area’s newest and most important connectivity component, which is expected to help boost real estate prices. Sohna Road will benefit immensely when the first phase of the Delhi-Mumbai E-way opens in March 2022.