Ludhiana Smart City Projects Drive Real Estate Boom With 25% Value Growth
Ludhiana's property market is seeing a huge surge due to the Smart City Mission's big infrastructure push. The Rs 959.25 crore investment is changing investment landscapes in the city's top areas.
Major Projects Changing Ludhiana's Value Proposition
Three big projects are giving immediate returns for property owners:
- International Airport Project (Rs 58.22 crore): With 5,822.12 lakh already invested, this connectivity game-changer makes Ludhiana a regional aviation hub
- Railway Station Redevelopment (Rs 529 crore): Better intercity links at Ludhiana Junction are making nearby areas highly desirable
- 24/7 Water Supply Network (Rs 3,394 crore): This essential utility upgrade removes a major urban issue, increasing residential appeal across the city
West Assembly Segment Becomes Top Investment Zone
Ludhiana Smart City Limited has focused 25% of Buddha Nullah rejuvenation funds and key infrastructure in the West Assembly area. Current projects include:
- Smart street lighting on 42 km of roads
- Integrated Command Control Centre managing over 1,200 CCTV cameras
- Four important bridge constructions, including Chand Cinema and Sidhwan Canal crossings
- Cleaning up old waste sites near urban areas
These specific actions explain why properties here now have 15-25% higher prices compared to before the mission. "We're seeing commercial parcels near Dugri Model Town jump Rs 2,500 per sq ft since the bridge construction began," says local broker Arvind Sharma.
98.49% Fund Utilisation Signals Near Completion
With almost all funds used (Rs 944.80 crore spent out of Rs 959.25 crore), completion timelines are getting tighter. Municipal authorities say 59 projects are already running, while 14 pending tasks, including Rose Garden water features and Transport Nagar road expansion, will finish by September. This faster delivery timeline is making investors more urgent.
Forward-Looking Advice For Property Investors
Investors looking ahead should focus on:
- Areas near new bridge projects (Sidhwan Canal crossings)
- Residential areas are getting 24/7 water and electricity supply upgrades
- Commercial areas next to the infrastructure development
"The airport's phased opening next year will boost these gains," says industry analyst Priya Mehta. "Properties within 5 km could see over 35% appreciation by 2026."
Ludhiana's transformation shows how targeted infrastructure spending directly boosts residential and commercial property values. Smart investors are taking advantage of this final phase before project completion stabilises prices.