Be it Mohali or Chandigarh, both these hotspots of North India have come to a saturation point when it comes to real estate investment. However, one of the most trending and closer to these two cities is the city of Ludhiana, North India’s commercial hub. From producing machine and auto parts, industrial goods, and clothes, this city is Asia’s largest hub for bicycle manufacturing and produces more than 50% of the country’s bicycle production every year.
This has undoubtedly pulled many individuals to a house for sale in Ludhiana, as the opportunities are endless and growing with each day passing by. However, if one goes by the facts, many people have moved to Ludhiana in recent years due to its rapid growth of residential and commercial landscapes.
Where in Ludhiana?
Ludhiana is known for its hustle and bustle, but this is not a factor to consider while buying property, as the new trending location to buy flats in Ludhiana is the Chandigarh-Ludhiana road. Away from all the city noise, this location is one of the best to invest in and in recent years, many residential societies have recently come up. Moreover, these places have easy access to Chandigarh, which is hardly an hour away.
Why in Ludhiana?
Low cost of living
When you plan to purchase affordable flats in Ludhiana, keep in mind that this investment is totally worth it as it has a low cost of living compared to other major cities in India. This factor makes it an affordable place to live and helps you and your loved ones save a ton of your hard-earned money.
Esteemed educational institutes
From schools to colleges, you need not worry about your child’s education when you are in Ludhiana. As per the official figures, there are 1129 Primary, 324 Middle, 367 High and 363 Senior Secondary Schools run by the Central Board of Secondary Education (CBSE), Indian Certificate of Secondary Education (ICSE) or Punjab School Education Board (PSEB). Moreover, below mentioned are some of the famous universities and colleges –
- Punjab Agricultural University (PAU)
- Christian Medical College
- Guru Nanak Dev Engineering College
Easy connectivity to Chandigarh
The Punjab government has undoubtedly constructed state-of-the-art highways between these two cities in recent years. So when you go for flats in Ludhiana, travelling to and fro is very easy as only an hour’s drive is enough to reach Chandigarh for the perfect weekend getaway.
Well, the list goes on. The solid economic growth in recent years has made this city a major industrial and commercial centre of Punjab as well as North India. Also, the cost of real estate too is generally lower than in other cities despite it offering so much.
So, if you are planning to buy property in Ludhiana, do your market research, know what suits you and your loved ones, set a budget and without any worries, move to this city!