Omaxe Group pushes forward with RERA applications for two key Ludhiana developments: a 5-acre site at Ghumar Mandi Fountain Chowk won via RLDA bidding, and a sprawling 70+ acre township on South City Road. These moves highlight the firm's dedication to transparency and growth in Punjab's vibrant real estate scene, blending community focus with urban perks amid recent approvals for similar...
The Ludhiana Municipal Corporation warns that the 10% property tax rebate ends on September 30, 2025. Officials urge timely payments to avoid penalties, with online options available. Late payers face increasing fines starting October.
The new Ludhiana-Bathinda-Ajmer Expressway is revolutionizing Ludhiana's real estate market, driving 8-10% annual property appreciation in key areas and unlocking investment opportunities in commercial, residential, and industrial sectors amid improved connectivity.
Eldeco Group acquires land in Ludhiana, Greater Noida, and Sonepat for Rs 230 crore, planning to launch Rs 5,000 crore projects with HDFC Capital partnership.
Fractional ownership models enable retail investors to purchase shares in Ludhiana's high-value commercial properties with smaller capital commitments, democratizing access.
Ludhiana Municipal Corporation extends property tax settlement deadline multiple times, allowing defaulters to clear outstanding dues without penalties. Scheme has generated significant revenue.
Punjab's doubling of real estate development charges under new regulations dashes profit margins for builders and homebuyers in Ludhiana, Mohali, and Zirakpur amid urban expansion. Effective April 2025, the 50-120% increases impact residential, group housing, and commercial projects, escalating costs during real estate boom.
Oswal Group's Vardhman Amrante acquired prime 7-acre land in Ludhiana's South City Canal Road for a mixed-use project integrating upscale commercial spaces, hospitality, entertainment, and retail hubs, aiming to redefine Punjab's urban landscape.
Omaxe introduces a 36-acre premium residential complex in Ludhiana, offering 3 & 4 BHK luxury apartments and independent villas with world-class amenities and smart infrastructure.