Ludhiana, is a rising city in Punjab and is known as “the Manchester of India” for its production of hosiery products. Major companies in the region, including world’s largest bicycle manufacturer, Hero Cycles, are based in Ludhiana.
Ludhiana is also Punjab’s most populated and rapidly growing metropolitan city. Farming around the city caters to a large grain market. The urban town is also home to key manufacturing and export units, educational and medical institutions and to a large floating population of skilled and untrained workers. It’s no surprise that real estate here is in huge demand. It has also been chosen to be developed as one of the 20 smart cities in India.
If you have been thinking of buying a house or property, most realtors would tell you that this is the right time to invest in a property in Ludhiana.
Ludhiana has a huge potential for growth and is witnessing a surge in real estate in India. So, if you have been thinking of buying a house here, Omaxe Ludhiana is the place to visit. Here is a list of reasons why Ludhiana is expected to see a real estate boom.
Connectivity- Ludhiana, India, is well linked with all cities of Punjab. Ludhiana is also well connected by air with New Delhi and other major states of India. The nearest Airport is Sahnewal/Ludhiana Airport, 12kms away. The Ludhiana Junction Railway Station falls under northern railways and is well connected to many international pockets of India.
High commercial traffic – As mentioned Ludhiana, India, is an industrial town. Be it hosiery or manufacturing of industrial goods, machine parts, household appliances, auto parts, apparel, and garments, Ludhiana is most definitely on top. Sewing machine manufacturing is also an important industry here. Hand tools and industrial equipment are other specialties.
Investment and growth – According to World Bank Group, Ludhiana, India, is the best city in India to do business. Ludhiana is also a great place for start-ups in Punjab.
Education and medical facilities – Ludhiana has around 363 senior secondary, 367 high, 324 middle schools. Ludhiana is home to the largest agriculture university in Asia and one of the largest in the world, Punjab Agricultural University. It also has the famed Guru Nanak Dev Engineering College. The first medical school for women in Asia, Christian Medical College, Ludhiana, was founded in 1894. It is a major and reputed tertiary care hospital in India. Dayanand Medical College and Hospital and many more private reputed healthcare facilities are located here.
Malls and recreational facilities – Ludhiana, India, is home to some of the finest malls and modern shopping destinations. Every luxury car maker has an address in town. Parks such as Leisure Valley, Rose garden Rakh Bagh and PAU are good places to walk and spend time.
Smart city – The smart city plan provides for expanding the network of city buses. The Smart City plan will bring in the biggest changes in the retrofit zone spread across 790 acres, which includes the three key markets: Ghumar Mandi, Sarabha Nagar Main Market and Feroze Gandhi Market. The redevelopment zone will include Jawahar Nagar.
Considering these factors, buying a house at properties like Omaxe Ludhiana makes sense.