The continuous efforts of the Punjab government for the development of the state has been incredible. It is also leading to positive growth in the real estate sector. The way of living and perceptions about homes changed with the entry of national developers into the city. These land developers purchased massive lands and are developing projects that are completely changing the notion of homes for the state's people. Moreover, these developers promised to offer world-class amenities to the residents. It has shifted residents' preference from kothis, bungalows and houses in colonies to modern apartments and penthouses as an investment, a retirement plan or a residence plan.
Some of the areas that the real estate markets have impacted include Zirakpur, Mohali, Ludhiana, Patiala, Jalandhar and Amritsar. The growing culture of westernization has always dominated the realty market in the state among its citizens. With the growth of various options like shopping complexes & malls, integrated townships, office complexes, entertainment hubs, IT parks, etc., the real estate market has become more vibrant. The growth of real estate in Punjab is due to improvement in the Real Estate Regulatory Authority(RERA) compliance.
Below mentioned are some of the reasons why investing in residential property in Punjab is a good idea:
Punjab is known for its beauty and serenity. Many cities of Punjab, like Chandigarh and Ludhiana, are connected and are close to Golden Temple, Amritsar. Moreover, other religious places like Gurudwara Anandpur Sahib, Mata Vaishno Devi Mandir and numerous tourist attractions like Sukhna Lake, Wagah Border, Silvi Park and Rock Garden makes Punjab an aesthetically pleasing place to live in. Moreover, NRI investment in real estate in Punjab is also rising.
The state is well connected with different states of India with proper transportation networks. The state residents have access to various commuting options like airports, railway stations, bus stands and roadways. Moreover, Hampton real estate offers well-designed flats with the best facilities on the Ludhiana-Chandigarh highway, connected with the Ludhiana Airport.
Plenty of Accommodation Options
The real estate developers in Punjab offer various options of size and accommodation to the buyers to choose from. Therefore, it has helped the people with a small investment budget to invest in the beautiful state. Moreover, with the introduction of many new age townships, it has become extremely easy for buyers to choose from.
Hub for all Career
Punjab is becoming one of the most flourishing states and is offering excellent career and job opportunities to people all over the country. Cities like Chandigarh and Ludhiana are becoming IT hubs that help to empower working professionals in the state. Due to numerous work opportunities, many people from different states are settling in Punjab, leading to an increase in demand for residential properties in the state. Even Nri investment in Indian real estate is also rising rapidly.
Various real estate agents are offering residential properties to buyers. Hampton Homes is one of the best real estate developers that is known to offer 1,2, and 3 BHK flats according to the buyers' preference at an affordable rate. The properties offered by them are well-designed with all the best facilities needed for a comfortable stay. For more information, you can visit the Hampton Homes website!