Overview of New Amritsar, Amritsar

Location and Development

New Amritsar, an emerging and modern region in Amritsar, is famous for its posh and well-developed infrastructure. Discover its proximity to major landmarks, namely the largest mall in Amritsar and the Hyatt Hotel.

Property Types and Prices

• Residential Properties:
  • Around 50% of sale properties here are residential plots, alongside residential homes and builder-floor apartments.
  • Here’s a breakdown of price ranges:
    • 50% of properties fall within ₹20Lac - ₹40Lac
    • 25% range from ₹40Lac - ₹60Lac
    • Higher-end properties stretch up to ₹2.4Cr - ₹2.6Cr
• Rental Properties:
  • Most rentals consist of 3 BHK apartments priced between ₹15K - ₹20K per month.

Amenities and Infrastructure

• Education:
  • Though exact names aren’t listed, nearby schools exist.
• Healthcare:
  • NOVA MEDICITY HOSPITAL is about 3.7 km away.
• Transportation:
  • Public transport stands at a rating of 4.0/5 for commuting and connectivity.
• Other Amenities:
  • Roads are well-paved and the environment boasts a cleanliness and safety rating of 4.8/5, with commuting rated at 4.0/5.

Lifestyle and Environment

• Neighbourhood:
  • With a high rating (4.8/5), the area shows its environment and friendly neighbourly atmosphere, indicating cleanliness and safety.
• Places of Interest:
  • Rating for nearby restaurants, markets, and amenities stands at 3.9/5.

Real Estate Trends

• Approved Projects:
  • New Amritsar mainly includes only approved projects, some drawing Foreign Direct Investment (FDI) in real estate.
• Modern Facilities:
  • Properties here feature amenities like uninterrupted water supply and thoughtfully designed floor plans.

PropertyWala's Conclusion

New Amritsar, Amritsar, presents itself as a hopeful locality for property seekers. It merges modern amenities with good connectivity and provides a safe, clean environment. Major landmarks, approved projects, and diverse property options make it appealing for both buyers and investors. Still, visiting and inspecting properties personally is suggested for a clear understanding of the area.