Emerging Hubs around NCR
Sonipat-Kundli and Panipat region is increasingly becoming popular with developers and investors alike. Few of the developers in the region are TDI, Ansals, Kamal Ideal Infratech Pvt Ltd, Jindal Real Estate, Eldeco, Parker, Omaxe, Parsvnath, Vardhman, Apex Developers, among others. The area has also seen great increase in terms of population and infrastructure development. It is estimated that the capital and rental values will go higher up continuously.
Comparing the property, rates north and northwest Delhi areas are around Rs 4-6 lakh per sq yd while in Kundli-Sonipat area, same property is available for Rs 25,000 per sq yd. Lack of space in Delhi NCR resulted in development of Gurgaon and Noida and now development is happening beyond these cities.
The area is set to become Educational Hub:
Kundli-Sonipat and Panipat region is located in the north of Delhi and is likely to become an extension of north Delhi soon. It is being referred to as a Gurgaon in the making. While IT companies established themselves in Gurgaon, Kundli region is set to offer space to a lot of educational institutions. Developers are also lining up luxury and budget hotels, resorts, hospitals, etc, as well.
Infrastructure Developments
Basic amenities like water supply, improvement of the sewage system, upgrade of power units, and construction of a railway bridge on Sonipat-Kundli Road are already in place in the area. The area is connected to main junctions of Delhi. One can reach Kundli from Rohini or Pitampura within 15 minutes. Kundli-Manesar-Palwal (KMP) Expressway, also known as the Western Peripheral Expressway, which is 135 Km long inter-connects four national highways, NH-1, 2, 8, and 10 and will be fully operational while Manesar-Palwal stretch will be opened to traffic soon. A 100-metre-wide road from the IGI airport to Narela is also operational. Kundli will soon have a Metro stop as part of the Rapid Rail Transport System, connecting ISBT to Sonipat in 20 minutes.
Source: The Times of India
Emerging Hubs in NCR, expressway, Kundli, Kundli-Manesar-Palwal, Kundli-Sonipat, Kundli-Sonipat real estate, Metro, National Highway, north Delhi, Omaxe, pitampura, Rapid Rail Transport System, Rohini, Sonipat
