Overview of Tibba Road Area, Ludhiana

Location and Development

Tibba Road is located in Ludhiana. It’s becoming a new locality with quick real estate growth recently. It’s in a strategic spot, making it appealing for buyers and renters.

Property Prices

• When buying: Tibba Road's average price per square foot is about Rs. 2256. You can find 3 BHK homes for Rs. 25 Lac.

Rental Options

• For renting: Tibba Road rental prices range from Rs. 7,000 to Rs. 8,500 each month for 2 BHK homes or apartments.

Types of Properties

• Independent Houses: You find 3 BHK ready-to-move homes, often in areas like Hardev Enclave.
• Builder Floors and Apartments: These options suit various family sizes and budgets.

Amenities and Infrastructure

• Accessibility: Well-linked to other areas of Ludhiana with main roads close, like Somsar Sahib Road.
• Local Facilities: Schools, markets, and healthcare are close by; though the area’s development is still ongoing.

Pros and Cons

Pros

• Rapid Development: Real estate is growing fast, suggesting higher property value in the future.
• Affordability: Tibba Road provides cheaper options for buying and renting.
• Connectivity: Easy access to major roads and city areas.

Cons

• Development Phase: New area, so some spots might still be unfinished affecting immediate amenities.
• Limited Established Amenities: While amenities exist, they aren't as numerous as older areas.

Neighborhood and Safety

• Known for safety, it's a growing residential zone.
• Be cautious in any new setting, check local details before committing.

PropertyWala's Conclusion

Tibba Road offers potential for both buying and renting. It’s a promising spot for those seeking affordable homes with potential value growth. While it is in its early stages, it offers solid links and property choices. Weighing pros and cons is key, especially the current development phase and current amenities. Perfect for long-term investment in a community with future growth.