
Model Town, Ludhiana
- Nearby Localities
- Pakhowal Road, Sarabha Nagar
About
Overview of Model Town, Ludhiana
Model Town in Ludhiana is a highly sought-after area among buyers and renters owing to its top-notch location, amenities, and continuous development.
Location and Accessibility
- Model Town is found right in the middle of Ludhiana, making it very convenient for those needing access to city's different parts.
- The area is well connected to major roads, public transportation, and will get benefits from new projects, such as the upcoming international airport at Halwara and upgraded railway station.
Property Prices and Trends
- Properties in Model Town start around Rs. 8,301 per square foot, with an average of Rs. 7,220 per square foot.
- Year-over-year (YoY) growth in property rates has soared by 124.28% last year, showing a strong and profitable market.
Types of Properties Available
- Residential Properties:
- Various options include independent houses, builder floors, and apartments like 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- These properties range from affordable to high-end to cover all budget needs.
- Commercial Properties:
- Office spaces and shops cater specifically to entrepreneurs and business owners.
Rental Options
- Renters can find spaces for a 1 BHK house ranging from Rs. 6,400 to Rs. 13,600, and a 2 BHK house from Rs. 13,300 to Rs. 23,350.
- Many rentals come semi-furnished or fully furnished, with features like power backup, car parking, and modular kitchens.
Amenities and Infrastructure
- Model Town is known for its safe and prime location, offering luxurious and comfortable living.
- It's close to major roads, malls, and various essential amenities that boost residents' quality of life.
- Upcoming projects aim to improve roads, public transportation, and healthcare facilities, further enhancing the locality’s appeal.
Future Development
- Ludhiana is set for major infrastructure upgrades in roads, public transportation, and healthcare, which will greatly improve living conditions and property values in Model Town.
PropertyWala's Conclusion
Considering strong property trends, a diverse property range, and upcoming projects, Model Town in Ludhiana stands out as a great choice for both buyers and renters. Its prime location, secure settings, and upcoming upgrades make it a perfect spot for real estate investment or a comfortable living space. Whether you're investing or looking for a home, Model Town offers convenience, comfort, and growth potential, making it a smart choice.
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