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Ludhiana, Punjab Property Guide
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The Union Budget 2025 focuses on economic resilience, tax reforms, and infrastructure development, significantly impacting India's real estate sector through various incentives and policy changes.Saurabh Gupta -
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Get Returns From Real Estate Without Buying Property: Understanding REIT Investment In India
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Is it possible to sell real estate without co-owner approval?
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What do you mean by FERA?
FERA, enacted in 1973, regulated foreign exchange dealings in India. Replaced by FEMA in 2000, which focuses on managing foreign exchange while promoting trade and investments. Key differences include property acquisition criteria, shifting from citizenship under FERA to residency under FEMA.deepshikha -
The finest cement for plastering a home
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Ludhiana, Punjab Real Estate News
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Nexus Select Trust Expands Punjab Presence with Rs 490 Crore Ludhiana Mall Acquisition
Nexus Select Trust has approved the acquisition of MBD Neopolis mall and Radisson Blu Hotel in Ludhiana for ₹490 crore, set to complete within four months, expanding its retail portfolio in Punjab.Pragati -
What occurs in India if property taxes are not paid for ten years?
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Enhancing Jaipur’s High-End Properties: The Unique Perspective of Akshat Developers
Jaipur is emerging as a luxury real estate hotspot. Akshat Developers' Sawai project epitomizes this trend, offering opulent villas and apartments amidst landscaped gardens and modern amenities.supriya -
CBRE decodes real estate through the spiritual tourism lens
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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.
In Q1CY24, Grade A office space demand in India surged, driven by key cities. CEDAI predicts demand will hit 70 MSF by 2024, supported by economic growth.supriya -
India’s Commercial Real Estate Is On Track For Successful Growth This Year
India's commercial real estate market is poised for growth, bolstered by demand for office spaces and increasing interest from NRIs, promising lucrative investment opportunities.supriya -
Real estate developers are purchasing more land
Real estate developers are aggressively acquiring land in India, particularly in major cities, driven by high housing demand. This trend is expected to continue in 2024, with Tier-1 and developing areas remaining hotspots.supriya -
DLF is one of the real estate companies on the list of the fifteen most valuable companies in India
DLF, Macrotech, and Godrej Properties are highlighted as top real estate firms in a recent Burgundy Private Hurun India report. The sector shows promising growth prospects.supriya
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Advertise property FREELudhiana, Punjab Real Estate
Ludhiana, called the "Manchester of India" because of its strong textile and manufacturing industries, offers a lively and interesting real estate scene. Let's explore key points for those planning to buy or rent property here:
Economic and Industrial Strength Ludhiana relies greatly on its booming textiles and manufacturing sectors, which boost economic activity and create jobs. This economic liveliness fuels demand in residential and commercial properties.
Infrastructure Progress The city is seeing big changes in infrastructure, with new features like the Ludhiana Metro and the Ludhiana Smart City Mission. These advancements improve connectivty and livability, making the area appealing to locals and investors.
Key Neighborhoods Different parts of Ludhiana have different property values due to their features and standing. Popular areas like Thakkarwal, Model Town, and Azad Nagar have high property costs. On the other hand, newer spots like Dugri and Aggar Nagar provide cheaper options, especially for younger professionals and families.
Rental Choices If rent is your aim, Ludhiana has a variety of options. Places like Bhai Randhir Singh Nagar, BRs Nagar, Model Town, and Pakhowal Road feature rental properties with prices from ₹6,000 to ₹1.25 lakhs each month. Choices include standalone houses, builder floors, apartments, and office spaces to meet all budgets and preferences.
Schools and Lifestyle The presence of top schools like Punjab Agricultural University and Christian Medical College draws students and teachers, boosting demand for rental housing. Modern living projects come with modern features like parks, gyms, swimming pools, secure systems, and access to shopping malls, entertainment centers, and healthcare services.
Affordability and Government Help Ludhiana offers real estate that is cheaper compared to other major cities, making it perfect for first-time buyers and investors. Policies like the Pradhan Mantri Awas Yojana (PMAY) and first-time buyer subsidies, along with reforms like the Real Estate (Regulation and Development) Act (RERA), provide clarity and boost buyer trust in the real estate market.
PropertyWala's Final Thoughts
To wrap it up, the real estate market in Ludhiana stands out due to its economic base, improving infrastructure, and wide range of residential options. With a blend of established and new neighborhoods, modern amenities, and favorable government rules, Ludhiana is set to stay a lively and appealing market in India's real estate field.