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An Overview of the Ludhiana Real Estate Market

Ludhiana is the largest city of Punjab and has claimed the title of Asia’s largest bicycle manufacturer. Both these factors, along with the amazing infrastructural development, have made this city a popular choice for residing and undertaking business ventures. The amazing natural surrounding and the employment opportunity in the agro field also attract people to this city.
 
Infrastructure & Connectivity
The face of Ludhiana has seen a tremendous change in terms infrastructure and connectivity. The development has become fast-paced to provide affordable housing facility to all its dwellers. A number of schools, healthcare centers and universities have been set up in this city to facilitate its development in every aspect. Located in the state of Punjab, this city is spread over an area of 3,767 square kilometers and is nicely connected to all the major cities of the north. Its connectivity to other parts of the country has become possible because of its road, air and rail connectivity. The proposed metro project would only add stars to the city’s infrastructural development.

 

Demography
Ludhiana is the largest city in Punjab and inhabits a number of people within its precinct. The population of Ludhiana according to the 2011 census was 1,618,879. The city has an average literacy rate of 85.77% with over 1,230,545 literate people. There are about 850 females for every 1,000 males in grownups and 865 females for every 1,000 males in children.

 

Life Style
The lifestyle of Ludhiana has changed tremendously over the past few years. A number of malls and multiplexes have been set up in the city to entertain people and their modern lifestyle. People like to spend their evenings in the green surroundings like the Nehru Rose Garden and various eating joints that are set up in some of the main markets of the city. Apart from that, the city also has many natural escapes and Gurudwaras to serve the devoutness and offer peace to the restless soul and mind.

 

Key localities in Ludhiana
Like every other metropolitan city, Ludhiana is also booming in terms of real estate. There are some areas which have become ideal for dwelling while some others can be bought for commercial purpose. There are an ample number of localities that are rendered as the best real estate in Ludhiana. Some of them are given here: BRS Nagar, Basant City, Hambran Road, Pakhowal Road, Sidhwan Canal Road, Vikas Nagar, Link Road, Model Town, Dad Village, Sarabha Nagar and others.

 

Real Estate Market
Ludhiana real estate
has undoubtedly seen a tremendous growth in the past few years and the main credit for this growth goes to no one else but the key builders of the city. They are responsible for churning out amazing property options from time to time. You can always find them open with hoardings like “Property for Sale in Ludhiana”. Listed below are some of the key builders of Ludhiana: Omaxe, Eldeco, Ireo, Akme, Vipul, Janta Land Promoters, Ganesh Infrabuild, Hero Realty and others.

 

Projects in Ludhiana
From budget-friendly 1-2 BHK flats to duplexes in posh colonies, Ludhiana property is nowhere behind the other big cities. There are many upcoming projects that would add to the charm of the city. Whether you are looking for commercial property for your business purpose or want residential property to build your dream home, this city has the right property option for all of you.

 

Govt Projects in Ludhiana
The GLADA or Greater Ludhiana Area Development Authority comes up with several schemes to provide affordable housing to all the inhabitants of Ludhiana. According to the GLADA scheme of 2016, there were countless residential plots available in areas like SBS Nagar, Dugri, Sector-38 and Ferozpur for people. Many projects like these would soon be launched by the government to provide ease to the lower and middle income groups in purchasing their dream house.

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