Overview of Malkit Avenue, Ludhiana

Located in the New Professor Colony of Ludhiana, Malkit Avenue is a residential area providing mixed opportunities in plots, houses, and rentals, making it great for both buyers and renters.

Plot and Land Availability

When it comes to buying plots, Malkit Avenue has different sizes available. You might find plots, say 59.0 meters long and 26.0 meters wide, around Rs 41.0 lakhs. The average price per square foot typically hits around Rs 2.67k.

Housing Options

You’ll find both houses and independent floors here. For instance, 2 BHK fully furnished independent floors for rent are available, close to Ferozepur Road. This spot is ideal for people needing easy access to major transport routes.

Rental Market

Rental choices on Malkit Avenue are diverse. Take a look at the 3-storey buildings. They have different rates. The ground floor rents for ₹15,000, the first floor at ₹12,000, and the second at Rs. 7,000.

Amenities and Infrastructure

The area is linked to several key landmarks and amenities. For example, it’s near schools like Genius National Public School and medical facilities such as Sri Guru Nanak Dev Homoeopathic Medical College & Hospital, located within a few kilometers.

Market Trends

Property prices in Malkit Avenue fluctuate. But generally, it’s seen as fairly priced compared to Ludhiana's other areas. The average price per square foot for plots can range from Rs 2.67k to higher depending on location and amenities.

PropertyWala's Summary

Malkit Avenue, in the New Professor Colony of Ludhiana, features a balanced real estate market. It offers a variety of options for buyers and renters. The area’s proximity to major roads, schools, and healthcare makes it appealing. It's wise to check current market prices and availability since they can change. Overall, Malkit Avenue blends affordability, convenience, and amenities, making it a good option for investing or living in Ludhiana.