Ambala, Haryana Property Guide
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Ambala, Haryana Real Estate News
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According to the CREDAI-CRE Matrix report, India’s demand for Grade-A office space will exceed 70 million square feet by 2024.
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Ambala Overview
Ambala, often known as the “twin city,” lies in Haryana, India. It contains two distinct areas: Ambala Cantonment (Ambala Cantt) and Ambala City. Let’s dive into a real estate perspective:
Strategic Location
- Ambala sits between the Gagghar River to the north and the Tangri River to the south.
- It serves well for tourists heading to Shimla, Amritsar, and Delhi.
Infrastructure and Connectivity
- Multiple projects have improved Ambala's infrastructure. Projects under the Bharatmala Pariyojana include the Ambala-Delhi, Panipat-Dabwali, and Hisar-Rewari highways. These improve access and reduce travel time.
- Ambala’s main stations include Ambala Cantt Railway Station and Ambala City Railway Station, offering daily commuters convenience.
Emerging Localities
Sector 9, Ambala City
- It features active social life, plenty of greenery, and reliable utilities.
- Residents enjoy easy public transport access and nearby schools and hospitals like OPS Vidya Mandir and Aggarwal Heart And Surgical Hospital.
- It's close to Ambala Cantt and Ambala City Railway Stations.
Sector 10, Ambala City
- Combining builder homes, villas, and more.
- It has similar connectivity to Sector 9, near colleges, and railway stations.
- Well-linked to both Ambala Cantt and Ambala City Railway Stations.
Defence Colony, Ambala
- Safety and security are high, thanks to a strong military presence.
- Beautiful parks and cultural events.
- Offers various properties: from plots to villas, priced at around Rs 1,350 per sq ft.
Property Price Trends
- Starting property prices in Ambala City are Rs. 2,042 per sqft with an average of Rs. 11,465 per sqft.
- Prices differ in places like:
- Ambala Cantt: ₹15,000 per sqft
- Dayal Bagh: Rs. 8,179 per sqft
- Naraingarh: Rs. 7,847 per sqft
- Nirmal Vihar: Rs. 4,987 per sqft
- Baldev Nagar: Rs. 2,244 per sqft.
Real Estate Market Growth
- Ambala's real estate market is expanding thanks to infrastructure growth and rising demand.
- Areas like affordable housing, luxury housing, commercial real estate, and mixed-use developments are surging.
- The government's push for affordable housing and a burgeoning middle class fuel this growth.
Amenities and Facilities
- Ambala has many social amenities like schools, hospitals, and recreation centers.
- It's great for education, with numerous schools available.
- Properties often come with modern features like 24-hour electricity, submersible solutions, and well-kept roads.
PropertyWala's Conclusion
Ambala looks like a great spot for investing in real estate due to its strategic position, enhanced infrastructure, and rising property demand. Investors should look at new areas like Sector 9, Sector 10, and Defence Colony. Understanding regional property trends and consulting local realty agents will help make good decisions. With new infrastructure projects and the government focusing on public services, Ambala will be a leading real estate hub.