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There is no dearth of options when it comes to independent houses, flats, plots, or villas in Amritsar.
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Amritsar is the most important and holiest cities for people who follow Sikhism. Home to the Guru Granth Sahib, the Golden Temple is one of the major shrines for Sikhs. While this attracts millions of tourists to the city each year, there are a lot of other reasons that increase the demand of both residential as well as commercial properties in Amritsar. Have a look at the following slides to know more about the city and its real estate market.
New and Better Projects There is no dearth of options when it comes to independent houses, flats, plots, or villas in Amritsar. The city has a number of projects ranging from affordable to high-end options located in different regions. Other than this, there are a lot of upcoming projects as well that are bound to enhance the overall lifestyle of people residing here. The real estate market is expected to see a lot of advancements in the coming years which make it a great time for you to invest in a property in Amritsar.
Growing Economy The economy has grown by leaps and bound ever since the trade opened between India and Pakistan in the year 2004 by the Central government. This was followed by the introduction of independent houses and multi-storeyed housing in private societies and various cooperative societies. This turned Amritsar into one of the most preferred real-estate hubs in India amongst investors.
Industrial Hub Amritsar is home to more than 25,000 industrial units. This makes it one of the major industrial hubs in Punjab. Other than this, Amritsar is the largest grain and commodity trade market in the state. This offers a number of job opportunities for residents here. This further makes Amritsar a preferred city for real estate investment.
Amritsar is known for various other elements like wooden chessboards, embroidered suits, Phulkari, Punjabi jutis, and food items like Amritsari papad, pickle and wadiyan making it a shopper’s heaven. We hope that this information will help you get an idea of the Amritsar as a city as well as its real estate market.
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