The Real Estate market at Kundli in the Sonipat District of Haryana holds great future potential owing to several current and proposed developments such as the Kundli-Manesar-Palwal or KMP Expressway, the Rs. 5000 crore Rajiv Gandhi Education City at Sonipat, the 100-metre-wide road from the IGI Airport to Narela, improved rail connectivity (Kundli is proposed to have a metro stop as part of rapid rail transport system), a proposed logistic park, a textile park, etc. Moreover, Kundli enjoys advantageous proximity to the upper-middle-class residential catchment of North Delhi. Against the backdrop of a landscape that is being increasingly defined by mega education, institutional and industrial projects as well as rapidly enhancing infrastructure, the prospects for the realty market within the Kundli-Sonipat belt remain upbeat. While the TDI Group, with its land bank of over 1250 acres, remains the premier developer in the Kundli region, others like Parsvnath Developers, Ansal Properties, Omaxe, Parker Group, Raheja Malls, Eldeco County, Anant Raj, Tulip Infrastructure, Collage Group, Eros Group, AJS Builders, Divine Group, Big Jos, Shree Vardhman and Jindal Greens are all present with projects of varying magnitudes in this belt. Investment Potential So far, the Kundli-Sonipat belt has offered moderate-to-good returns on investment in absolute terms. Prices have reached levels that place all good options beyond the financial appetite of retail investor. That said, the price points at Kundli are still lower when compared with other areas of NCR and do still fall in the affordable range. To Summarize... From a future investment perspective, this region will essentially continue to remain promising due to its proximity to North Delhi and the Delhi borders. Property investors with constrained budgets can still explore Kundli for its affordable options. If the Government shows renewed commitment towards the proposed infrastructure and development initiatives, the Kundli real estate market can certainly get into higher gear.
Wednesday, 1 October 2014
Kundli Real Estate - A good long-term Investment bet
The Real Estate market at Kundli in the Sonipat District of Haryana holds great future potential owing to several current and proposed developments such as the Kundli-Manesar-Palwal or KMP Expressway, the Rs. 5000 crore Rajiv Gandhi Education City at Sonipat, the 100-metre-wide road from the IGI Airport to Narela, improved rail connectivity (Kundli is proposed to have a metro stop as part of rapid rail transport system), a proposed logistic park, a textile park, etc. Moreover, Kundli enjoys advantageous proximity to the upper-middle-class residential catchment of North Delhi. Against the backdrop of a landscape that is being increasingly defined by mega education, institutional and industrial projects as well as rapidly enhancing infrastructure, the prospects for the realty market within the Kundli-Sonipat belt remain upbeat. While the TDI Group, with its land bank of over 1250 acres, remains the premier developer in the Kundli region, others like Parsvnath Developers, Ansal Properties, Omaxe, Parker Group, Raheja Malls, Eldeco County, Anant Raj, Tulip Infrastructure, Collage Group, Eros Group, AJS Builders, Divine Group, Big Jos, Shree Vardhman and Jindal Greens are all present with projects of varying magnitudes in this belt. Investment Potential So far, the Kundli-Sonipat belt has offered moderate-to-good returns on investment in absolute terms. Prices have reached levels that place all good options beyond the financial appetite of retail investor. That said, the price points at Kundli are still lower when compared with other areas of NCR and do still fall in the affordable range. To Summarize... From a future investment perspective, this region will essentially continue to remain promising due to its proximity to North Delhi and the Delhi borders. Property investors with constrained budgets can still explore Kundli for its affordable options. If the Government shows renewed commitment towards the proposed infrastructure and development initiatives, the Kundli real estate market can certainly get into higher gear.
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