Why is the Real estate in Ludhiana at Boom?

HomeReal EstateWhy is the Real estate in Ludhiana at Boom?

One of the notable industrial centres of North India and also known as Punjab’s industrial hub, Ludhiana, is one of the growing cities of the Punjab state. The rapid growth of residential and commercial landscapes in the city has lately resulted in the boom of real estate in Ludhiana. This is the prime reason many people are inclined towards investing in Ludhiana and are moving here. 

More startling is that not only people from North India or other parts of the country are moving here, but also NRIs (Non-Resident Indians) are keen to invest their bucks here. In recent years, many residential societies have come up on the Chandigarh-Ludhiana road, making this city a more desirable place to live due to its proximity to The City Beautiful.  

Here are the top four reasons why real estate in Ludhiana is at Boom: 

  • Easy connectivity to Chandigarh

As the Punjab administration has recently constructed state-of-the-art highways between these two cities, Chandigarh is now hardly an hour away from the city. Moreover, investment in real estate in Ludhiana means you are near Chandigarh and can travel anytime for a perfect weekend getaway to this city beautiful. Due to this factor, many residential societies are being developed on the Chandigarh-Ludhiana highway. 

  • Prime Location

Ludhiana itself is based in a prime location. It is centrally located on National Highway 44 (NH44), which runs from New Delhi to Amritsar. Hence, the easy connectivity of this city to prominent states such as Delhi, Uttar Pradesh and Rajasthan plays a very significant role. Further, this city is well connected by road, rail and air. First, the bus services connect it to other cities in Punjab and other states. Secondly, its railway station, the Ludhiana junction railway station, is connected to other metro cities. This city also has its airport.

  • The industrial hub of Punjab

Many industrial units which produce industrial goods, auto parts, machine parts, apparel and even garments are present in this most populous city of Punjab. Notably, it is Asia’s largest hub for bicycle manufacturing and, as per the data, produces more than 50% of India’s bicycle production each year. Not only this, but it is also one of the largest manufacturers of domestic sewing machines. Significantly, these industries offer many employment opportunities for those seeking to grow. 

  • Top educational institutes

As per the official data, along with recognised pre-primary schools, Ludhiana city has 1129 Primary, 324 Middle, 367 High and 363 Senior Secondary Schools. Most of the schools are run by the Central Board of Secondary Education (CBSE), Indian Certificate of Secondary Education (ICSE) or Punjab School Education Board (PSEB). So, when you plan to invest in Real estate in Ludhiana, you need not worry about your child’s nurturing in education. Not only schools, but the city also has famous universities and colleges such as Punjab Agricultural University (PAU), Christian Medical College, Dayanand Medical College and Hospital and Guru Nanak Dev Engineering College. 

Not only do these factors define why people choose Ludhiana to invest in property resulting in the boom of real estate in the city, but not many know that Ludhiana is also known as the ‘Manchester of India’ as India’s largest share of winter clothing is produced here. Furthermore, this city is known for its woollen sweaters and cotton T-shirts; surprisingly, most of India’s woollen clothing brands are based here. If we see it with a broader vision, such industries generate more employment, pushing people to invest here.

Investment in Real estate in Ludhiana is always promising. With what this city has to offer, one never feels disappointed. As the city beautiful (Chandigarh) has come to a saturation point regarding property, especially flats, Ludhiana has become the next desirable destination for individuals to mark their address. 

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jejakmediahttp://solutioninn.com
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