The abundance of IT hubs,residential groups and world-class amenities surrounding the NCR is shifting growth to small towns like Sonipat,Kundli,Manesar,Dharuhera,among others.
Delhi and the National Capital Region (NCR) have evolved over the past few years and the development will grow beyond the Gurgaon,Noida and Faridabad market.
The abundance of IT hubs,residential groups and world-class amenities surrounding the NCR is shifting growth to locales like Sonipat,Kundli,Manesar,Dharuhera,among others.One of the prominent belts where infrastructure activities are planned is the Kundli-Sonipat belt.
Only 50km to the north of Delhi along the NH-1,the Sonipat-Kundli belt is the new hotspot for end users and buyers.Sonipat is at a prime location,linking the NCR to Chandigarh.The forthcoming knowledge city,Rajiv Gandhi Education City,will come up on a 5,000-acre campus.This will be a part of the Sonipat-Kundli multi-functional urban complex along the NH-1.
The region is set to attract many educational institutes,which are looking to set up their campuses here.Coupled with an educational hub,various IT parks,SEZs,a biotech city,a cyber city,a fashion city and entertainment malls,the belt will see som real realty action in the near future.Keeping in mind the prospects of a self-sufficient township,the region will have luxury as well as budget hotels,resorts and hospitals.
Prominent groups that have decided to set up base here include Omaxe Ltd,Parsvnath Developers Ltd,Ansal Housing & Construction Ltd,Vardhman Developers Ltd,Vardhman Developers Ltd,Apex Developers,among others.Infrastructural developments like augmentation of water supply scheme,improvement of sewage system,strengthening of power units and construction of railway bridge on Sonipat-Gohana road are already under way.
Further,connectivity to main junctions of the capital will not be a deterrent any more.The DDAs proposal to build concentric ring road will cut short the span to reach the National Highways within 10 minutes.Commuters who travel from North Delhi via Mukarba Chowk will have the benefit of avoiding the traffic chaos and head straight through Najafgarh to Kundli.One will be able to reach Rohini or Pitampura within 15 minutes.
The 135km Kundli-Manesar-Palwal (KMP) Expressway (also known as the Outer Ring Road or Western Peripheral Expressway) will connect four National Highways 1,2,8 and 10 in Haryana.A 100-metre-wide road from the IGI airport to Narela,proximity to KGP and KMP expressways and a signal-free drive from Mukarba Chowk and the NH-1 are the additional infrastructure developments.
Apart from road connectivity,the government is also focused on improving rail network.According to a plan,Kundli will soon have a Metro stop as part of the Rapid Rail Transport System,connecting the ISBT to Sonipat in 20 minutes.
The Sonipat-Kundli belt is drawing developers and real estate investors like never before.Affordable prices,even after this region being declared a part of the NCR,is the foremost driving force for the escalated growth.
The development is not aimed at the infrastructure alone but oriented more towards the economic and social progress of the state,which has created opportunities for employment and building industries.
Vikas Gupta,the joint managing director of Earth Infrastructures Ltd,says: The new corridors of development have been the focus of interest in recent times.The city limits have grown and places like Sonipat-Kundli,Dwarka-Gurgaon Expressway,Manesar have come up.With infrastructure and connectivity under fast development these places would be the hub for property investments in future.
