New Delhi, Oct 27 (NationPress) The southern region of Gurugram has become the city’s new epicenter for growth, with Sohna, Dwarka Expressway, Golf Course Road, Golf Course Extension Road, and Southern Peripheral Road (SPR) ranking as the top five micro-markets showing remarkable potential, as highlighted in a report released on Monday.

Among the total graded residential supply of 85,921 units in the NCR, Gurugram, including Sohna, boasts the highest supply share of 73 percent, according to findings from Colliers.

Of these, Sohna tops the list for potential price appreciation, with a projected growth of up to 1.6 times by 2030. While the Golf Course Extension and SPR corridors cater to premium and upper-mid housing segments, Sohna is steadily maturing as a complementary hub, characterized by affordable-to-upper mid housing, industrial estates, and rapidly enhancing infrastructure, the report noted.

“As one of the promising micro-markets in South Gurugram, Sohna is expected to experience price appreciation of up to 1.6X by 2030, which will be advantageous for both homebuyers and investors,” stated Swapnil Anil, Managing Director, Advisory Services at Colliers India.

The real estate landscape in Delhi-NCR is gaining traction, fueled by policy support, infrastructure improvements, and vibrant real estate activities.

As urban areas expand, new zones are being unlocked to meet rising demand, with micro-markets close to business districts emerging as appealing investment prospects, offering promising opportunities for capital appreciation.

Over the last five years, Sohna has evolved into a favored residential destination, advancing from affordable housing to mid and upper mid-segment developments, propelled by infrastructure advancements and robust developer initiatives, offering the 'right-priced, right-sized' homes and long-term investment returns.

It has recorded a graded residential apartment supply of 8,200 housing units, with only 45 percent available in the primary market for sale, underscoring steady demand and an absorption rate, as highlighted in the report.

Residential prices along the Sohna Expressway range between Rs 10,000–12,000 per sq ft, making it 2.3 times more affordable than other Gurugram micro-markets.

Sohna is renowned for its well-established social and tourist infrastructure, which is poised for enhancement with the forthcoming 10,000-acre jungle safari project, according to the report.