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What is the future prospect of Maheshwara Project, Gurgaon?- Property Hotline
Posted
November 15, 2016
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208
November 15, 2016
208
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1:50Now PlayingExpert: Shoab Sayed, Property Advisory with Motilal Oswal Securities Limited.
Question: I want to buy a 3BHK flat in Maheshwara Project, a part of Raheja's 165 acre township in Sohna. I had visited the site and I’m planning to finalise the deal. I want to know what is the future scope of the locality and whether I can expect good returns in future.
Answer: Project is located at Sector 11 & 14 Sohna, South of Gurgaon. South of Gurgaon and more particularly Sohna is an emerging residential and integrated commercial/industrial corridor which will do well to learn from the issues that currently afflict Gurgaon - that of haphazard growth and slow infrastructure development. While it is located in a pristine environment, there are visible signs of development coming to this region.
A positive sign is that this location has a Master Plan 2031 document which shows the intent to create a holistic development agenda which can result in a sustainable ecosystem. While the current connectivity is already good via the Sohna Road from Gurgaon, there is currently a flyover being created at Badshahpur to achieve seamless travel between the two towns of Sohna and Gurgaon.
In addition, infrastructure initiatives like road connectivity through Golf Course Extension Road, the under-construction clover-leaf junctions here as part of the much-delayed KMP Expressway are likely to further increase the attractiveness of this region, which right now seems located a little far from the main development hotspot of Gurgaon.
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