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Construction World Magazine India | Amritsar: The next hot realty destination!
Amritsar: The next hot realty destination!
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Amritsar, the second-largest city of Punjab, boasts of the Golden Temple and attracts more visitors than the Taj Mahal. At present, the city has ample supply of residential units, with many new township projects launched along the national highway and airport. The city has a number of malls, multiplexes and townships under construction in Amritsar, which are attracting buyers towards it. There are also approximately 25,000 industrial units in Amritsar district. The old city area along the Civil Lines is an established residential area with plotted developments.
The demand for plots is increasing more in the city, with people preferring to make houses according to their own choice. SARE Homes is offering plots in its project Crescent ParC. Homebuyers can have their own designer villa on these plots. The plots are on GT Road Bypass Amritsar offering an area of 160 sq yards, 200 sq yards and 300 sq yards. It is part of the 101 acre Crescent ParC Township having a range of international standard facilities translating into global living standards, which have never been experienced at these price levels.
The township provides complete support functions for security, health care, education, transport, communication and entertainment.A secure gated complex with round-the-clock security in a project approved by MTP, within municipal limits and with free shuttle service from the township to Darbar Sahib. The features and facilities include: lifts, 24-hour treated water supply, power backup, professional facility management services, wide well-lit metalled roads, sewage treatment plant, rainwater harvesting, club, gymnasium and more. Besides a state-of-the-art healthcare facility, an international high school as well as a primary and nursery school are proposed.
SARE Homes along with Impact Group has also delivered Ashberry Homes at Crescent ParC Township, and currently 170 families are residing here.
"One can get good return on investing in property here, especially in the long term. For end users too, it is prudent as prices are in the affordable range and once the development in and around the area takes place, prices will definitely go up. The area offers everything like improving infrastructure, fast connectivity, and developing world-class realty projects ready to cater to the needs of every homebuyer. With huge housing demands, this realty hotspot will soon see innumerable buyers for this area,” says
Vineet Relia, Managing Director, SARE Homes
Existing physical and social infrastructure in Amritsar coupled with ongoing and proposed infrastructure projects are likely to drive property value in Amritsar. Hence, this area is considered a hot real estate destination.
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