Overview of Murthal Road Area, Sonipat

Location and Connectivity

• Settled on National Highway 1 (NH-1), Murthal connects Delhi to Panipat, placing it in a prime spot with top-notch pathways.
• Residents and visitors benefit from its proximity to key areas like Sector 19 and Sector 18 on NH-1, ensuring accessible passage.

Property Types and Pricing

• Residential Properties:
  • Standalone houses: Ranging from Rs 65 Lac to Rs 1.12 Cr depending on size and features. A 2 BHK home is usually Rs 65 Lac, while a spacious 5 BHK home hits around Rs 1.12 Cr.
  • Apartments: Can cost anywhere between Rs 45.6 Lac to Rs 1.40 Cr for layouts like 3 BHK and 4 BHK. Specifically, a 3 BHK apartment in Sector 10 moves between Rs 59 Lac and Rs 77 Lac.
• Plots and Land:
  • Residential plots begin at Rs 10 Lac for an 88 Sq-yard plot. Bigger plots and commercial spaces also exist, with prices shifting wide based on dimensions and locale.

Price Trends

• Typically, Murthal Khas in Murthal costs Rs. 1,980 per sqft. On the low end, it is Rs. 3,333 per sqft while reaching as high as Rs. 11,250 per sqft.
• Due to the Ansal Food Processing Zone, Murthal sees an increase in property values, hinting at a rise in worth over time.

Amenities and Infrastructure

• Educational Institutions: Highlighted nearby is the International Institute of Technology Management.
• Public Facilities: Road quality and ample parking make the area famous for easy travel and commutes.
• Lifestyle: Murthal’s famous dhabas add to the area’s charm, attracting visitors and locals alike.

Investment Potential

• With the Ansal Food Processing Zone’s presence and Murthal's growing value, it makes an attractive spot for property investment.
• Residential and commercial ventures - including stores and industrial areas - offer a broad spectrum of investment chances.

Rental Options

• Options abound for renters, including fully furnished, pet-friendly, and upscale apartments. The rental market covers all ranges with 1, 2, and 3 BHK flats.

PropertyWala's Conclusion

In summary, Murthal Road in Sonipat stands out for prospective buyers and renters due to its strategic setup, solid paths, and growing essentials. It offers a variety of property types, from budget plots to upscale flats and commercial spaces, fitting different investment goals. As property prices climb, fueled by growth projects, it is a strategic moment for investment or settling in this area. Yet, it's vital to follow the newest trends and market insights for well-informed decisions.