Sonipat: Emerging as the new hub of 'Deen Dayal Housing Scheme' in Haryana

Sonipat: The emergence of Haryana as the new hub of 'Deen Dayal Awas Yojana' In the last few years, one name has emerged on the real estate map of Delhi-NCR in a big way - Sonipat. Once known as a quiet industrial town, Sonipat today has become the first choice of investors and home buyers. The biggest hand behind this change is the Deen Dayal Jan Awas Yojana (DDJAY) of the Haryana government.

Let us understand in detail why Sonipat is emerging as a hub of Deen Dayal Plots Sonipat.

Excellent connectivity to Delhi Sonipat's biggest strength is its geographical location. The KMP (Kundli-Manesar-Palwal) and KGP (Kundli-Ghaziabad-Palwal) expressways connect Sonipat to the rest of North India.

Widening of NH-44: The distance from Delhi to Sonipat has now been reduced to minutes.

RRTS and Metro: The plans of expansion of Rapid Rail and Delhi Metro in the coming time have increased the price of land here.

2. Affordability
Land prices are skyrocketing in cities like Gurugram and Noida. It has become almost impossible for a middle-class family to buy a plot there. On the contrary, plots are available at affordable rates under the Deen Dayal Yojana in Sonipat. Here one sees the guarantee of a better future in less investment, which makes it budget-friendly.

Benefits of Deen Dayal Jan Awaas Yojana (DDJAY) are some of the major reasons for the success of this scheme in Sonipat:

Small size, large capacity: Under this scheme, the size of the plots is small and manageable (usually 80 to 150 yards).

Registry and Loan: These plots are completely legal and approved by the government, which makes it very easy to get a home loan from banks.

Improved infrastructure: These colonies must have modern facilities like gated community, wide roads, parks and community centres.

Education and industrial hub Sonipat is no longer limited to farming or small industries.

Rajiv Gandhi Education City Being a national level university (like Ashoka University, O.P. Jindal), there is a huge rush of students and professors, which has increased the possibilities of rental income.

The industrial development: Industrial areas like Kundli, Rai and Bari have increased employment opportunities, which has led to a tremendous surge in the demand for residential land.

High return on investment (ROI)
Real estate experts believe that the prices of lands in Sonipat have seen an increase of 30% to 50% in the last 3 years. Investors are considering it as the 'next Gurugram'. Investing here today can prove to be a goldmine in the future as development is still in its early stages.