Demand for residential and commercial properties to go up too, It is said that “instruction ends in the school-room, but education ends only with life.” Continuing this legacy is the Rajiv Gandhi Education City (RGEC). Spread across 5000 acres in Kundli, district Sonipat, RGEC it is hoped will change the fortunes of the area in the way the IT sector transformed Gurgaon almost a decade ago. Barely a 15-minute drive from Delhi, RGEC is located along the NH1 and is expected to attract lakhs of students when complete. The education city will be developed into a world-class town and will boost demand for residential and commercial properties in the region.
After the success of north Delhi colonies like Model Town, Shalimar Bagh, Civil Lines, Ashok Nagar due to the huge demand coming from north campus which has only 20 Colleges, RGEC will have a 100 times multiplier impact in the residential and commercial market of Sonipat and Kundli.
According to Kamal Taneja, managing director, TDI Infracorp, “Presence of national and international students in the region will increase the demand for residential and commercial spaces and provide world-class infrastructure to the city where a 135-km-long Kundli-ManesarPalwal (KMP) Expressway and Kundli-Gaziabad-Palwal (KGP) Expressway with inter-connects for national highways 1, 2, 8 and 10 are being built. Apart from road connectivity, the government is also focused on improving the rail network. Kundli is expected to have a Metro stop as part of the Rapid Rail Transport System that will connect ISBT to Sonipat in 20 minutes.”
Santosh Kumar, CEO, Jones Lang LaSalle, says that the move is a much-needed step by the state to promote higher education and improve the fortunes of the city. From a future investment perspective, the region will continue to remain promising due to its proximity to north Delhi and Delhi borders. Property investors can explore Kundli for its affordable options.