Role of Delhi Mumbai Expressway accessibility in boosting realty values?
One of the factors that is pushing the Sohna market is its connectivity with the Inr 98,000 crores Delhi Mumbai Expressway. The Sohna Gurgaon freeway connects with the expressway at its Alipur Exit point. The Delhi Mumbai Expressway. which will reduce commute time between Delhi and Mumbai to just 12 hours, will bring Sohna close to major commercial and industrial hubs in India.
Once the
expressway will be operational, raw materials and finished goods can reach
Mumbai, the commercial capital of India smoothly. Even the commute time with
Jaipur will come down to 3 hours from 5 hours in the past. The overall
connectivity and accessibility of Sohna will grow multiple times with the help
of the expressway project, giving a big flip to its commercial, economic and
manufacturing ecosystem.
Consequently,
the demand for manufacturing parks, business parks and warehousing clusters
will rise sharply. Commercial real estate will get a buying boost. More
business, logistics companies, manufacturers, etc. will gravitate towards Sohna,
which will drive demand for office spaces, factory spaces, plug & play
spaces, warehouses, etc.
As
commercial activities will rise, it will naturally drive the real estate demand
in an organic manner. Better employment opportunities will fuel demand for high
rises, gated villas, townships, commercial offices and retail spaces.
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