Sonepat: A new residential hotspot

Sonepat is 50 km from Delhi, along the Route Nationale 1, which connects with NCR Chandigarh. Still connected by a railway line from Delhi, Sonepat has emerged as an alternative to residential hub Manesar, Bhiwadi, Faridabad and Greater Noida, in the recent period. As per the plan for the National Capital Region, Kundl were affected primarily in the city of Delhi Metropolitan Area (DMA). Infrastructure initiatives Kundl-Manesar-Palwal (KMP) Expressway (The Outer Ring Road): The 135 km highway, also known as Western Peripheral Expressway, is likely to be completed by 2011. This will provide the area north of Delhi, the fastest access to the international airport of the capital. The KMP Expressway assumes importance because it connects four of the most important industrial centers of Haryana and India cross four busy national highways - NH-1 near Kundl (Sonepat), NH-10 near Bahadurgarh, NH-8 at Manesar (Gurgaon) and NH-2 near Palwal (Faridabad). That means it will provide connectivity to all these areas Sonepat. The KMP will be a corridor of Global, which will be developed on 62,000 hectares of land along the expressway (Kundl-Manesar-Palwal). The basin within 15 km on each side of KMP would be about 5029 km ², with 14 new communities on the draft Global Corridor. There is a proposal to develop a prestigious Rajiv Gandhi Education City, more than 5000 acres in the region. For Phase I, award of 1750 acres has already begun. 40 institutional parcels from 3 acres to 183 acres will be allocated for this purpose. According to government sources Haryana, an investment of Rs 1.100 crore will be made to develop the region in the first phase of internal development and all work is booming. Lines of water supply, sanitation, development of internal roads, disposal systems and stormwater construction of a boundary wall should be completed by 2009. In addition, a number of other projects are underway in the region. Under the plan, the region will host several projects, like the city of knowledge, Kharkhauda City, World Trade Financial City, Media City, Biotech City, Cyber City, Sample City, badla City, Entertainment City, Leisure City, City Sohna, Mode City and a European-Tech Park. Once all the educational institutions, industries, SEZs, parks, retail malls, commercial buildings, hotels and markets should be operational in the next two years, there will be an increase in economic activities in the region. This will also lead to the demand for real estate, residential and commercial, in the region. In Kundl just before Sonepat on NH-1A, a large industrial area was developed and will be 825 non-polluting industrial units. The profile of the entities in the industrial zone will be a mixture of cold storage, the cutlery industry, rice exporters, and manufacturers of telecommunications equipment, among others. Some of these companies include Magpie Cutlery, Osram Electricals, Shri Lal Mahal Rice Lambda Eastern and telecommunications. Apart from these, the government is also developing a National Institute of Food Technology Entrepreneurship and Management (NIFTEM) institute in the region. In all, the occupation of the region at present is 75%. Now the government plans to expand the township for the fifth phase, in which another 450 acres will be developed. The development work is already underway. TDI City: As industrial activities have resumed in the area, a number of private developers have entered the market to develop residential real estate in Kundl-Sonepat. Taneja Developers and Infrastructure (TDI) are the largest developers of Sonepat, who is developing a township on 1500 acres of land. The municipality offers plots of different sizes, from 250 feet to 700 sq yd yd. A company said the spokesman for 50% of the plots are independent of the green. The city is expandable villas beautifully designed with classic architecture for people who want to opt for readymade luxury homes at affordable prices, "said the spokesperson. Besides developing parcels of 7000, TDI is also the construction of 2000 apartments in the city in the first phase. In fact, the developer has planned to develop 6000 apartments in the region in all phases. TDI also develops shopping centers - TDI Mall 6,50,000 square feet and Rodeo Drive 5,50,000 square feet - in the township. Ansal API is developing three residential projects - Ansal Greenescape, Sunshine and Ansal Sushant City - in Sonepat. It is also the construction of the Plaza Mall targeting Indian families who have money, clean vehicles, and press on the road for major holidays. Join the movement is Parsvnath Developers, which is also developing Parsvnath City, Sonepat. It will be a mega residential township with a shopping mall and a downtown. Omaxe developer has a vision - Omaxe City - in Sonepat. Fore more information visit this site:http://www.propertynice.com