Commercial Real Estate Opportunities in Sohna: A Haven for Startups and SMEs
The region of Gurgaon is undoubtedly one of the most prominent business hubs in India including startups. It is also called the millennial city due to its commercial significance. Besides large multinationals, Gurgaon is home to a growing startups from the fintech, consumer retail, healthcare and logistics sector. However due to unprecedented economic growth, property prices and leasing rates have skyrocketed in Gurgaon. Many prominent micro markets in Gurgaon such as MG Road, Golf Course Road, Golf Course Extension has seen a spurt in prices. It necessities the need to scout for alternate destinations where start-ups can move. One such region can be the Gurgaon-Sohna corridor, a separate tehsil in the Millennial city.
Sohna
region has the potential to become a Haven for start-ups and MSMEs in the wider
NCR region. Located in the south of the Gurgaon city, it is well connected with
it via the Gurgaon-Sohna freeway. After opening of the freeway, the commute
time between Gurgaon and Sohna has come down drastically. Sohna is also part of
the bigger DMIC and Delhi Mumbai Expressway plan, which connects it with
prominent commercial hubs in India.
Sec 5, 36
and 47 has been dedicated in Sohna for commercial and business activities. Very
soon IMT Sohna will be operational. It is a dedicated 1500-acre commercial
complex, dedicated to manufacturing activities. IMT Sohna will offer tremendous
impetus to numerous manufacturing industries including electronics, automobile,
automotive, IT hardware, FMCG and warehousing etc.
As Sohna
will continue to evolve, naturally many start-ups, SMEs and other mid-sized
enterprises will gravitate towards the market, lured by the long-term
opportunities.
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