Ludhiana's commercial hub, the Chaura Bazaar has seen
a massive relocation by shopkeepers and businessmen in the recent past due
to traffic congestion.
The new destinations are areas like the Mall Road,
Rani Jhansi Road, College Road, Ghumar Mandi and Model Town Extension, where
commercial property prices have sky rocketed.
Most business houses like Sant
footwear, Jain and Dhir Jewellers, etc now have their retail outlets in
these areas that most of their clients .
Industrial Property Consultancy find much more approachable than the
narrow inaccessible lanes in the old city.
Industrial Property Consultancy This has led to a commercial
property boom in these areas.
Construction due to the "elevated road
project" on the G.T Road has also sparked some relocations from this
area.
Industrial Property Consultancy Genpact is one of the many companies making serious expansion plans in
Ludhiana.
Ludhiana that thrived on the small-scale sector has of late in the
last 4-5 years evolved following a
Industrial Property Consultants Ludhiana congenial business environment and a
significantly secure law and order situation.
Residential Property Consultancy This is also one of the
determining factors for several companies planning to invest in the city.
Ludhiana
has emerged as a premier center for education, thereby getting a niche over
other cities in the procurement of skilled
workforce required for the
industrial setup bases here Residential Property Consultancy.
Lifestyle of the people here are changing and
they have started to shift to apartments and cottages that are freshly
constructed. Housing complexes are mushrooming in the city Residential Property Consultancy.
The most sought after area for residential purpose at present at Bhai
Randhir Singh Nagar Industrial Property Consultants Ludhian,.
Shaheed Bhagat Singh Nagar, Raj Guru Nagar and Rishi
Nagar Industrial Property Consultants Ludhiana.
Besides Ragunath Enclave, Agarnagar Enclave, Madhuban Enclave, Ranjit
Nagar, Sunil Park, Mahavir Nagar, Guru Amardass Nagar, etc are much sought
after.
The southern and south-eastern areas of Ludhiana city are relatively
pollution free Industrial Property Consultants Ludhiana.
Therefore, most of the new developments are now taking place
in the southern parts of the city Industrial Property Consultants Ludhiana.
This includes the coming up of the PUDA
approved colonies like the Basant Avenue, Sarabha Nagar Extension and South
City.
Ludhiana
is a famous industrial city largely involved in apparel and footwear
manufacturing.The city is showing no signs of stagnancy and it is expanding
at a remarkable pace.
In one hand, big industrialists are investing huge
amount of money in setting new factories, while on the other hand,
infrastructural growth is a phenomenon to watch.
Industrial Property Consultants Ludhiana udhiana comes in the grade
III category of "growing cities".This is one indication of the
kind of potential it has in the real estate sector Industrial Property Consultants Ludhiana.
Eastern Ludhiana like Samrala Road, Delhi Road, etc have industries in the
neighborhood, while north - western areas like the Tajpur road, Jalandhar
Road, etc are the dairy hub so, hence, untouched by industrialization.
While the Indian apparel industry is showing an upward growth curve, big
fashion players are planning to set their base in Ludhiana Industrial Property Consultants Ludhiana.
Moreover, its
easy connectivity to the national capital Delhi as well as Rajasansi
international airport, Amritsar has proved to be an advantage for business
prospects in Ludhiana.
Prices
of commercial properties vary depending upon their location, the size of the
road touching them, availability of parking, etc. The average price of
property with good location based on inputs from various property agents,
buyers and sellers are as follows:
- Chaura Bazar: Rs 80,000 and above
- Rani Jhansi Road: Rs 35,000
- Model Town: Rs 30,000
- Sarabha Nagar: Rs 20,000 to 30,000
- Model Town Extension: Rs 13,000
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