Ludhiana's property market experiences robust growth as developers show increased interest in residential and commercial segments, driven by strong collections and expanding land acquisition.
The Punjab government has officially delinked change of land use (CLU) permission from building plan approvals in Ludhiana. This move restores the previous system, enabling developers to secure bank loans and clearances earlier. CLU permissions now last two years, extendable once for another two years with a 20% fee under Section 83 of the PRTPD Act, 1995. Investors benefit from streamlined...