Patiala, Punjab Property Guide
-
How India’s Bullet Train Will Transform Property Prices in Ahmedabad and Maharashtra Corridor Cities
Explore the projected surge in property prices around Shela (Ahmedabad), Vapi, and Bharuch due to the Mumbai-Ahmedabad Bullet Train’s infrastructure boom and economic zones. -
Union Budget 2025: Key Takeaways and Impact on Real Estate
The Union Budget 2025 focuses on economic resilience, tax reforms, and infrastructure development, significantly impacting India's real estate sector through various incentives and policy changes. -
How India’s Tier 2 cities are growing in response to global real estate trends
India’s Tier 2 cities are emerging as prime real estate destinations, driven by smart initiatives, sustainable practices, luxury developments, and improved connectivity. -
5 Things You Should Know About India’s Ghost Shopping Malls and the Challenges of Repurposing Them
India's retail landscape is shifting, with Grade A malls thriving while Grade C malls face high vacancy rates. Many struggling malls are being repurposed due to evolving consumer preferences and the rise of e-commerce. -
Get Returns From Real Estate Without Buying Property: Understanding REIT Investment In India
REITs in India offer investors a way to access the real estate market without direct property ownership. They distribute significant earnings as dividends, making them attractive to income-seeking investors. Learn how REITs work, how to invest, and key players in the Indian market. -
Is it possible to sell real estate without co-owner approval?
Selling jointly owned property in India requires the consent of all co-owners. Legal action can be taken if a co-owner sells without consent. This article explores the legal aspects of selling jointly owned property and the differences between co-ownership and joint ownership. -
What do you mean by FERA?
FERA, enacted in 1973, regulated foreign exchange dealings in India. Replaced by FEMA in 2000, which focuses on managing foreign exchange while promoting trade and investments. Key differences include property acquisition criteria, shifting from citizenship under FERA to residency under FEMA. -
The finest cement for plastering a home
Cement plastering is crucial for durable walls and a smooth finish in construction. Portland Pozzolana Cement (PPC) is often preferred for its water resistance and superior finish compared to Ordinary Portland Cement (OPC). Various cement grades cater to different construction needs, with Grade 33 commonly used for plastering.
Patiala, Punjab Real Estate News
-
What occurs in India if property taxes are not paid for ten years?
Non-payment of property taxes for ten years can lead to severe penalties, legal action, and even foreclosure in India. It's crucial for property owners to understand the implications and address any arrears immediately. -
Enhancing Jaipur’s High-End Properties: The Unique Perspective of Akshat Developers
Jaipur is emerging as a luxury real estate hotspot. Akshat Developers' Sawai project epitomizes this trend, offering opulent villas and apartments amidst landscaped gardens and modern amenities. -
CBRE decodes real estate through the spiritual tourism lens
A new report reveals how retail chains are capitalizing on rising spiritual tourism in 14 Indian cities, highlighting trends and growth opportunities in the sector. -
According to the CREDAI-CRE Matrix report, India’s demand for Grade-A office space will exceed 70 million square feet by 2024.
In Q1CY24, Grade A office space demand in India surged, driven by key cities. CEDAI predicts demand will hit 70 MSF by 2024, supported by economic growth. -
India’s Commercial Real Estate Is On Track For Successful Growth This Year
India's commercial real estate market is poised for growth, bolstered by demand for office spaces and increasing interest from NRIs, promising lucrative investment opportunities. -
DLF is one of the real estate companies on the list of the fifteen most valuable companies in India
DLF, Macrotech, and Godrej Properties are highlighted as top real estate firms in a recent Burgundy Private Hurun India report. The sector shows promising growth prospects. -
How can a registered mortgage help the borrower as well as the lender?
This article explains the process of registered mortgages in India, detailing application steps, benefits, and how to remove registrations effectively. -
Land Conversion from Agricultural Land to Residential Land
Converting agricultural land to residential or commercial in India requires navigating state-specific laws and obtaining approvals from revenue or planning authorities. The process involves fees and extensive documentation, with timelines varying by state.
Buy
With over 100K+ new and resale properties across India, let us help you get you the right property at the right price.
Properties for sale
Rent
PropertyWala can help you easily find a home or office for rent that you'll love from our large database of broker and owner listings.
Properties for rent
Advertise
Advertise your property on PropertyWala and sell or rent it in no time. Advertising your property on PropertyWala is fast and free!
Advertise property FREEPatiala, Punjab Real Estate
Real Estate Guide to Patiala
Patiala, a city in Punjab, India, is turning into a buzzing spot for property investment and living.
Hot Residential Zones
Patiala's up-and-coming regions are drawing homebuyers and investors alike. Here are some zones worth checking:
Nabha: Famous for standalone homes starting from Rs 35 lakh, Nabha has good connectivity through Nabha-Malerkotla and State Highway 12A. The new Northern Bypass will make it even more accessible and a great investment choice.
Urban Estate Phase 2: On National Highway 7, it's noted for its swanky homes and apartments, like a 3 BHK flat around Rs 65 lakh. Industrial hubs like GSA and Vardhman nearby offer business benefits.
New Officers Colony: Right next to the Patiala Civil Aerodrome, you find exclusive villas priced between Rs 75 lakh and Rs 4.35 crore. Close to Patiala Cantt, it promises great safety.
Model Town: Positioned where Nabha Patiala Road meets Bhupindra Road, Model Town has homes starting at Rs 55 lakh. There's good governance and top schools in the area.
Sirhind Road: Home to budget-friendly standalone houses from Rs 25 lakh, this part is also near famous spots like Gill Enclave and DLF Colony. The existing and upcoming Northern Patiala Bypass help with great links here.
Market Shifts and Facilities
After some lull, Patiala's real estate market is back and thriving. Prices have climbed notably in residential and business zones, especially plots in PUDA-approved areas which surged by 20% in six months.
Big plans for infrastructure are the key drivers behind Patiala's booming real estate. There’s huge spending on roads, highways, and public transport to boost connectivity and life for city folks. Upcoming projects like the Northern Bypass will further speed up the city's growth.
Economic and Industrial Gains
Patiala is growing into a central hub for Punjab’s industries and commerce. From production manufacturing to agriculture, it’s got some big areas like Rajpura, Dera, Bassi, Samana, and Nabha. With Rajpura now approved for a part of the smart industrial city project under the National Industrial Corridor Development Program, there's a lot more investment possible.
Commercial Property Chances
Commercial real estate lovers will find lots to love in Patiala. The city’s solid infrastructure, banking, healthcare, and transport facilities, make it perfect for commercial ventures. Places like Urban Estate and Rajpura have thriving industries and businesses so commercial space offers decent rents and growing property values.
PropertyWala's Thoughts
Patiala is a great pick for both home and business property investors. With its strategic position, strong foundation, and rising economy, it’s set for major growth. Its dynamic residential areas and the real estate market revival means now’s an ideal time to think about investing here. New infrastructure and industrial gains mean it’s likely to deliver high returns and a better quality of life.