Real Estate In Amritsar,Real Estate Property Amritsar,Real Estate Amritsar

Amritsar, famously known for the Golden Temple, is more than a 'holy city' nowadays.

As the Indian Real Estate In Amritsar in all sectors including residential, industrial and commercial, the investors are gradually showing interest for investments into smaller Tier III cities like Amritsar.

This shift is primarily due to comparatively cheaper property prices and better infrastructural facilities. A city famous for its dhaba culture has now awakened to a new age of liberalized economy.

The Real Estate In Amritsar are overwhelmed at the growing interest by investors in Amritsar that has not only promoted its economic growth, but also has made a niche for itself amongst the fastest growing cities in India.

The initiative of the government of Punjab in promoting investments has gained positive response with large-scale investments in the realty sector because of the realty prospects and returns it is bringing.

The most prominent among them is the Emaar-MGF joint venture between the Emaar group of Dubai and the MGF group of Delhi, the largest FDI in Indian real estate.

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The Real Estate In Amritsar have started to tune themselves to the mall culture.

The largely disposable income provided by excellent job opportunities in the service and realty sectors has changed the lifestyle of the people of the city in the recent past.

A new trend is being witnessed in the city as more and more people are opting for living in open places. Such a lifestyle is free of the constraints of narrow lanes and traffic hazards and noise of the interior city.

Another shift is observed amongst the people living in villages near the city.

They have settled down in the city for better prospects of education and livelihood. Mr Rajesh Bhalla, a real estate consultant, says that such a shift is not surprising and already been observed in the cases of Delhi and Mumbai.

Basis For Boom

Mall culture
Boom in retail sector
Liberalization of FDI norms by government
Development and improvisation of infrastructure

Special Economic Zone (SEZ)
The Amritsar SEZ to be developed in a 1000-acre land by the leading developer group DLF. DLF is expected to invest Rs 15,981.17 crores that will generate job opportunities of over 4.5 lakhs. The development of SEZ is expected to bring about a series of investors from the IT, ITES and the BPO sector as well as the hospitality industry Real Estate In Amritsar.

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Real Estate In Amritsar|Real Estate Property Amritsar

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