Indian real estate sector is one industry that witnessed tremendous changes over the past few years and is still booming at a fast rate. This sector not only contributed towards the nation’s growth but also made the dreams of many Indians come true in the recent years. Small states, towns, Tier II and III cities gained prominence in the last 2 years, and among all Ludhiana seems to be the leading city. Ludhiana property market experienced rampant growth and we can expect the same trend will be followed for next few years. Big names in the Indian real estate market are coming to this city to take advantage of this growth process.
Many factors are credited for this growth, prime among others being the developing infrastructure of the city. Well-developed roads, economic and social infra, stable realty prices encouraged not only the buyers but also the developers to invest in different properties in Ludhiana. In a recent survey industry experts stated that, this is one of the best times to invest in property in Ludhiana and earn maximum profit. Let’s find out some of the most profitable Ludhiana property centers that promise you great returns.
Mall Road, Ferozepur Road, Link Road, Ghumar Mandi, Sarabha Nagar Market and Feroze Gandhi Market are the most popular retail and business centers for investing money. As for the rates of commercial properties in Ludhiana, the range is between Rs.3, 500 to Rs. 4,500 per sq. ft and the rentals are quoted between Rs. 60 to Rs. 110 per sq. ft. per month.
For the residential properties Sarabha Nagar, Kitchlu Nagar, Gurdev Nagar, BRS Nagar, Civil Lines and Club Road are considered to be the posh and perfect colonies for owning a dream home. As for the rates they start from Rs. 2,200 to Rs. 3,500 per sq. ft for plots and Rs.1, 400-1,800 per sq.ft for residential apartments.
Many factors are credited for this growth, prime among others being the developing infrastructure of the city. Well-developed roads, economic and social infra, stable realty prices encouraged not only the buyers but also the developers to invest in different properties in Ludhiana. In a recent survey industry experts stated that, this is one of the best times to invest in property in Ludhiana and earn maximum profit. Let’s find out some of the most profitable Ludhiana property centers that promise you great returns.
Mall Road, Ferozepur Road, Link Road, Ghumar Mandi, Sarabha Nagar Market and Feroze Gandhi Market are the most popular retail and business centers for investing money. As for the rates of commercial properties in Ludhiana, the range is between Rs.3, 500 to Rs. 4,500 per sq. ft and the rentals are quoted between Rs. 60 to Rs. 110 per sq. ft. per month.
For the residential properties Sarabha Nagar, Kitchlu Nagar, Gurdev Nagar, BRS Nagar, Civil Lines and Club Road are considered to be the posh and perfect colonies for owning a dream home. As for the rates they start from Rs. 2,200 to Rs. 3,500 per sq. ft for plots and Rs.1, 400-1,800 per sq.ft for residential apartments.
