Sonipat is on the verge of a real estate revolution. The city’s developing infrastructure, coupled with its strategic location near Delhi, makes it a hotspot for investors looking for significant returns on investment. – M Rahul Singla, Director, Mapsko Group

Mumbai: Once considered a satellite town on the outskirts of the capital, Sonipat today pulsates with the promise of economic and real estate growth. Driven by a mix of strategic geographical location, infrastructure development and government incentives, this tier-two city is fast emerging as a coveted destination for investors and property buyers alike.

Located north of Delhi, Sonipat benefits immensely from its proximity to the capital while escaping its urban sprawl and congestion. This advantage is further enhanced by excellent connectivity via the Kundli-Manesar-Palwal (KMP) expressway, which bypasses the city and provides quick connectivity to various parts of Haryana and neighbouring states. The upcoming Rapid Rail Transit System (RRTS) and the expansion of the Delhi Metro will further improve connectivity and reduce travel time to central Delhi to under 30 minutes.

The government’s focus on improving infrastructure in tier-two cities is clearly bearing fruit in Sonipat. The Urban Infrastructure Development Fund (UIDF), managed by the National Housing Bank, is designed to promote the creation of urban infrastructure and make Sonipat more attractive to residents and businesses. In addition, the city’s integration into the Delhi-Mumbai Industrial Corridor (DMIC) promises significant industrial growth. Smart industrial parks and logistics centers are planned, which are expected to create many jobs and boost the local economy.

Thanks to improved infrastructure and connectivity, Sonipat’s real estate market is witnessing a sea change. Affordable land and lower cost of living are attracting both developers and buyers, leading to the emergence of organized residential projects and commercial spaces. The government’s ‘Make in India’ initiative has been a major catalyst with several manufacturing units setting up in and around Sonipat. This has resulted in the commercial real estate market witnessing robust growth with the development of new offices, retail spaces and industrial complexes. With more corporates and educational institutions setting up shop, the demand for residential and commercial properties is expected to surge. Major real estate companies are realizing the potential and are investing heavily in large-scale developments.

Speaking to Bizz Buzz, Rahul Singla, Director, Mapsko Group, said, “Sonipat is on the verge of a real estate revolution. The city’s evolving infrastructure, coupled with its strategic location close to Delhi, makes it a hotspot for investors looking for significant returns on investment. The growing demand for quality residential and commercial properties in Sonipat is fuelled by a combination of affordability, spacious layouts and a better quality of life compared to the crowded metropolises. The rise of telecommuting models is encouraging more people to move out of the traditional city centres. Every month, Sonipat attracts not only locals but also people from Delhi and other metropolises looking for a peaceful yet connected place to settle down.”

Sonipat’s emergence as a prime destination for real estate investment is largely attributed to the city’s thriving new construction projects that offer homebuyers spacious floor plans and the opportunity to customize their dream home. These new construction projects cater to the preferences of modern homebuyers for whom affordability and quality of life are equally important. The well-planned development in Sonipat is transforming the real estate landscape and making the city the preferred choice for individuals looking to invest or settle down there, he said. Commenting on the evolving market dynamics, Mohit Malhotra, Founder and CEO, NeoLiv, an integrated residential real estate platform, said, “NeoLiv represents a forward-thinking ethic where innovation and opportunity converge. We envision new age cities like Sonipat becoming the melting pots of future economic dynamism. Their appeal lies in a harmonious blend of affordability, accessibility and lifestyle amenities that offer new relaxed residential oases. As housing preferences evolve and government initiatives take hold, these cities are in a unique position to reshape the real estate market and attract investors, homeowners and corporates alike. With the emergence of major industries like the upcoming Maruti Suzuki plant near the Sonipat belt, these locations are poised to drive demand for middle-income residential projects and planned developments and transform into vibrant residential areas.

neighborhoods.”