Despite the phase of recession, according to a few property dealers in Ludhiana, the city witnessed a hike in the number of genuine home-buyers from 2019-2021 as compared to 2016-2018.
Prime Minister’s scheme that offers around Rs 2.5 lakh subsidy majorly supported people who could never dream of affording a home earlier to start taking such decisions.
Flats in Ludhiana | Apartments in Ludhiana
When it comes to making an investment decision, Ludhiana, Punjab's and North India's largest city after Delhi, stands strong with apartments and penthouses beating the property price trend by appreciating 70-80% in the last 5 years as compared to other cities.
Not just that, the city has turned topsy-turvy in terms of building itself as a hub for several commercial activities- manufacturing of industrial goods, machine parts, auto parts, household appliances, hosiery, apparel, and garments.
Well-connected transport system throughout North India; Major investments pouring in various sectors, congenial business environment, and upcoming developments like the International Airport of Punjab makes Ludhiana one of the most reliable cities in Punjab for the future of tomorrow. EMI Calculator for homes
Rapid urbanization and high disposable income make the city’s fast-growing nuclear families, senior citizens, and NRI populace extremely desirous of living a modern lifestyle with a range of amenities and facilities- safety, security, a culture of community living, and peer group interaction.
Hero Homes Ludhiana Project Highlights- tick all the right boxes by being strategically located in one of the best neighborhoods of Ludhiana. They introduce you to handcrafted 2/3/4 BHK residence concepts that are surrounded by a nurturing and supportive environment. For the overall well-being of children and the community, they also follow a sustainable approach towards their community.
One of the changing factors for people to buy a home in Ludhiana is the built quality of the homes, now carefully taken under consideration by several developers.
The last four years' data of Ludhiana district with the Revenue Department shows the registration of 49,795 properties in 2016 (from April 2016 to September 2016), 46,500 in 2017, 47,789 properties in 2018, and 52,363 properties in 2019. Being close to Delhi, the real estate value here is likely to change soon and hence making it the right time to invest in real estate here. Builders in Ludhiana