Chandigarh Road area, Ludhiana

About

An Overview of Chandigarh Road in Ludhiana

Access and Connections

  • Chandigarh Road, a major residential and commercial hub in Ludhiana, provides excellent access from Ludhiana to Chandigarh.
  • It joins NH-5 and links up to NH-44, guaranteeing extensive connectivity.
Property Types

Living Spaces

  • The area is mainly composed of standalone houses, also featuring numerous apartments and housing societies.
  • Noteworthy housing societies include Vardhman Park, AMGECO Palm City, and Hampton Homes.

Rental Prices

  • Affordable rentals under ₹15,000/month.
  • Mid-range rentals from ₹15,000 to ₹18,000/month.
  • Premium rentals exceeding ₹18,000/month.

Purchasing Options

  • Houses and apartments are priced differently across various budget ranges:
    • From ₹21 lakhs to ₹70 lakhs, covering configurations like 1 BHK, 2 BHK, 3 BHK, etc.
Amenities and Facilities

Community Services

  • Top schools and hospitals can be found nearby, boosting life quality.
  • Malls, parks, gyms, and libraries are readily accessible in the area.

Future Projects

  • A forthcoming commercial complex will enhance shopping and dining choices.
  • The planning includes building a hospital and a steel plant along this belt.
  • A planned metro corridor between Ayali Chowk and BBMB Power House will improve accessibility.
Lifestyle and Community

Favorable Aspects

  • Spacious, clean, and tidy streets.
  • Helpful and friendly community.
  • Numerous amenities, including shops, malls, and recreational sites.

Issues

  • Traffic jams are frequent, especially in heavy rain due to poor road conditions.
  • Growing pollution from heavy traffic, though community efforts are being taken to address this.
Rental Market

Rental Insights

  • Over 22 rental properties range from ₹3,000 to higher amounts, depending on amenities and location.
Property Availability

Selling and Leasing Properties

  • More than 30 properties are available for purchase.
  • Over 8 properties can be rented.
PropertyWala's Final Thoughts

Chandigarh Road offers a combination of residential and commercial appeal in Ludhiana, making it a fantastic choice for buyers and renters. Its excellent connectivity, strong community infrastructure, and upcoming projects highlight its potential. Still, it's crucial for potential buyers or renters to know about occasional traffic jams and pollution, which the local community is tackling. Chandigarh Road stands out as a prime and attractive location for real estate investments in Ludhiana.

Reviews

Chandigarh road is the most happening place for the next 2 years. With planned last station of Ludhiana Metro Rail and proposed upgradation of existing Airport to international Airport, and Govt acquisition of 1500 acres of land for development , makes Chandigarh Road, a dream investment opportunity right now. The investors can expect returns varying from 50% to 100% in short term and between 500 to 700 % in long term.

Pros
  • Metro Terminal station
  • Upgradation of existing airport to international
  • Acquisition of 1500 acres for residential development by PUDA
Chandigarh Road area, Ludhiana is rated 9 out of 10 based on 1 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Projects

Hampton Court Business Park - Chandigarh Road, Ludhiana

Hampton Court Business Park

Chandigarh Road area, Ludhiana

  • Started
  • Jan, 2014

Imagine Business in Greens

: Hampton Court Business Park. Punjab's first ever clean, green, International Business Park being developed by Krishna Infrastructure Projects. The perfect future business address for all small to medium size businesses.

Price Trends

Locality ID
A674111282
PinCode
141008