Sohna Emerges as Prime Real Estate Market in Gurugram: Report

New Delhi, Oct 27 (IANS) South of Gurugram has emerged as the city’s new frontier for development, with Sohna, Dwarka Expressway, Golf Course Road, Golf Course Extension Road, and Southern Peripheral Road (SPR) being the top five micro-markets that demonstrate potential, according to a recent report.

Out of the total graded residential supply of 85,921 units in NCR, Gurugram, including Sohna, has the highest supply share (73 per cent) across emerging micro-markets, as highlighted by the Colliers report. Among these, Sohna leads the possibility of price appreciation, with an estimated growth of up to 1.6 times by 2030. While the Golf Course Extension and SPR corridors cater to premium and upper-mid housing, Sohna is steadily evolving as a complementary hub with its own real estate momentum, shaped by affordable-to-upper mid housing, industrial estates, and rapidly improving infrastructure.

“Sohna, as one of the emerging micro-markets in South of Gurugram, is anticipated to witness price appreciation up to 1.6X by 2030, benefitting both homebuyers and investors,” stated Swapnil Anil, Managing Director, Advisory Services, Colliers India.

Delhi-NCR’s real estate landscape is gaining momentum, driven by policy support, infrastructure upgrades, and robust real estate activity. As expanding cities unlock new areas to cater to growing demand, micro-markets located near the city’s business districts are emerging as attractive investment destinations, offering strong potential for capital appreciation.

In the last five years, Sohna has emerged as a preferred residential hub, evolving from affordable housing to mid and upper mid-segment developments, driven by infrastructure growth and strong developer activity. This has led to the availability of ‘right-priced, right-sized’ homes and long-term returns on investment. The report mentions that Sohna has recorded a graded residential apartment supply of 8,200 housing units, with only 45 per cent available in the primary market for sale, highlighting steady demand and absorption rate.

Residential prices along Sohna Expressway range between Rs 10,000–12,000 per sq ft, making it 2.3 times more affordable than other micro-markets of Gurugram. Sohna is also known for its well-established social and tourist infrastructure, which is set to be further enhanced by the upcoming 10,000-acre jungle safari project, as noted in the report.