Three things you can easily find in Ludhiana, Liquor Shops, Immigration to Abroad Advertisements and construction of residential properties that is happening across the city. This city is previously world famous for its cycle & textile industries are now well known for big residential projects, township & commercial developments from the reputed names like DLF, IREO and Hero Homes etc.
Big kothis with Aeroplane Shape Water Tank on the top are still common in this part of the Punjab. Heavy flow of converting Dollars into Ruppes from NRI, mostly they choose to invest in residential properties into residential properties. But the fact is that most of the houses that are being bought are by NRIs are residential plots & villas. Now there is a huge chunk of young professionals who are coming into the city and prefer to live in apartments and other offering by reputed real estate developers.
Chandigarh Road and Ferozepur Road are the most eye-catching real estate destinations for integrated townships and mixed-use development. Most important fact for the real estate investors about Ludhiana is that – property price are still under reasonable range, and not expected, but sure to rise in the coming months because Ludhiana is one of the cities, which will be converted into Smart Cities in the coming years.