Punjab’s real estate market, led by Chandigarh and Ludhiana, has median home prices of ₹40–70 lakh. Agriculture, manufacturing, and logistics drive demand for apartments and industrial plots. Agents can target PMAY buyers or logistics clients, with 15 million sq. ft. leased in 2024. Punjab’s RERA ensures accountability. Opportunities include mid-income housing and data centers. On your portal, the “Industrial and Logistics Hubs” group helps agents network on B2B leasing, leveraging a 12% commercial growth.
Recent Updates
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Punjab RERA Fines Ludhiana Developer 5 Lakh for ProjectThe Punjab Real Estate Regulatory Authority (Punjab RERA) has imposed a fine of ₹5 lakh on a Ludhiana-based developer for delaying the completion of a residential project located in Sarabha Nagar, one of Ludhiana's prominent residential areas. This decision highlights Punjab RERA’s commitment to protecting the rights of homebuyers and...0 Comments 0 Shares 45 Views 0 ReviewsPlease log in to like, share and comment!
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Luxury Apartment Complex in Zirakpur Launched, Featuring 40 Units Priced Between ₹80 Lakh and ₹1.2 CroreIn a move that underscores Zirakpur’s growing appeal as a premium residential destination, a new luxury apartment complex has been launched in the region, offering 40 upscale units. The units, priced between ₹80 lakh and ₹1.2 crore, are designed to cater to affluent buyers seeking both comfort and exclusivity. This project marks another step in the upscale development of Zirakpur, which...0 Comments 0 Shares 39 Views 0 Reviews
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Plot in Kharar Sold for ₹3,800/sq.ft., Highlighting the Surge in TricityIn a notable real estate transaction in Kharar, a plot was recently sold for ₹3,800 per square foot, showcasing the growing demand for land in this rapidly-developing area. The sale price reflects a continued trend of increasing property values driven by the ongoing infrastructure enhancements in the Tricity region, which includes Chandigarh, Mohali, and Panchkula. This surge in prices is...0 Comments 0 Shares 34 Views 0 Reviews
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Punjab RERA Resolves 10 Homebuyer Complaints in Mohali, Recovers ₹2 Crore in CompensationIn a notable consumer protection move, the Punjab Real Estate Regulatory Authority (Punjab RERA) has successfully resolved 10 homebuyer complaints in Mohali, securing a total of ₹2 crore in compensation for aggrieved buyers. These resolutions came as part of RERA’s ongoing effort to ensure transparency, accountability, and justice in the state’s real estate sector. The complaints...0 Comments 0 Shares 36 Views 0 Reviews
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Punjab Government Incentivizes Green Buildings with FAR Bonus for Bronze CertificationIn a significant move to promote sustainable construction practices, the Punjab government has announced a 5% additional Floor Area Ratio (FAR) incentive for real estate projects that achieve at least a bronze-level green building certification. The initiative is part of the state’s broader environmental policy to reduce the carbon footprint of new developments and encourage eco-friendly...0 Comments 0 Shares 36 Views 0 Reviews
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3 BHK Apartment in Ludhiana’s Civil Lines Sold for ₹90 Lakh Amid Growing IT PresenceA 3 BHK apartment in Civil Lines, Ludhiana, was recently sold for ₹90 lakh, reflecting the area’s rising popularity due to its proximity to IT offices and commercial hubs. Known for its upscale residential appeal and well-planned infrastructure, Civil Lines continues to attract working professionals and urban families seeking both comfort and convenience. The buyer, reportedly an IT...0 Comments 0 Shares 33 Views 0 Reviews
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GMADA Approves 30-Acre Affordable Housing Colony in Rajpura to Meet Growing DemandThe Greater Mohali Area Development Authority (GMADA) has officially approved the development of an affordable housing colony in Rajpura, spanning 30 acres. This move aligns with Punjab’s ongoing efforts to address the increasing need for economically accessible housing amid rapid urbanization and population growth in Tier-2 towns. The colony will include residential plots, low-rise...0 Comments 0 Shares 34 Views 0 Reviews
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Retail-Led Demand Drives Leasing of Commercial Space on Amritsar’s Lawrence Road at ₹60/sq.ft./monthA prominent commercial space on Lawrence Road in Amritsar has been leased at ₹60 per sq.ft. per month, highlighting the area’s resurgence as a retail and commercial hotspot. Known for its bustling environment and strategic location, Lawrence Road continues to attract retailers, showrooms, and F&B brands looking to capitalize on high footfall and strong local purchasing power. The...0 Comments 0 Shares 34 Views 0 Reviews
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Strategic Land Near Ludhiana’s Industrial Belt Sells for ₹3,500/sq.ft., Reflecting Manufacturing-Led DemandIn a notable transaction, a land parcel located near Ludhiana’s major industrial hub has been sold at a rate of ₹3,500 per sq.ft., underscoring the rising demand for strategically positioned land amid robust manufacturing growth in the region. The area, known for its concentration of textile, bicycle, auto parts, and hosiery industries, continues to attract both industrial and commercial...0 Comments 0 Shares 34 Views 0 Reviews
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Zirakpur Sees 8% YoY Increase in 2 BHK Rental Rates, Now at ₹20,000/MonthRental prices for 2 BHK flats in Zirakpur, a rapidly growing satellite town near Chandigarh, have increased to an average of ₹20,000 per month, marking an 8% year-on-year (YoY) rise, according to recent market data. This upward trend is driven by steady in-migration of working professionals, proximity to Chandigarh International Airport, and enhanced infrastructure developments in and around...0 Comments 0 Shares 32 Views 0 Reviews
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Mohali Developer Launches Virtual Tours for 30-Unit Condo Project, Targeting NRI BuyersA leading real estate developer in Mohali has introduced virtual tours for its upcoming 30-unit condominium project, marking a tech-forward move to attract Non-Resident Indian (NRI) investors and overseas buyers. Located in a premium sector of the city, the project blends modern amenities, digital accessibility, and strategic connectivity—appealing to global buyers who are unable to visit...0 Comments 0 Shares 29 Views 0 Reviews
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2 BHK Flat in Patiala’s Urban Estate Sold for ₹45 Lakh, Appeals to Government EmployeesIn a notable transaction that highlights current housing preferences in Tier-2 cities, a 2 BHK flat located in Urban Estate, Patiala, has been sold for ₹45 lakh. The deal underscores the growing demand for mid-range residential units among government employees and salaried professionals in the region. Urban Estate, a well-established and planned locality in Patiala, is popular for its...0 Comments 0 Shares 29 Views 0 Reviews
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Punjab State Baisakhi Bumper Lottery Draw Held in Ludhiana, Real Estate Firms Leverage Event for VisibilityThe Punjab State Dear Baisakhi Bumper Lottery Draw, an eagerly anticipated annual event, took place in Ludhiana, one of Punjab's largest and most vibrant cities. The Baisakhi festival, which marks the harvest season and holds cultural importance, sets the stage for this lottery, attracting a massive turnout of participants and spectators from across the state. Known for its substantial prize...0 Comments 0 Shares 32 Views 0 Reviews
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Good Friday Bank Holiday Halts Property Registrations Across IndiaOn account of Good Friday, a national public holiday, all sub-registrar offices and banking institutions across India remained closed, resulting in a temporary pause in property registrations and related transactions. The holiday, observed on March 29, 2024, significantly impacted real estate activities, particularly in high-volume markets like Chennai, Mumbai, Bengaluru, and Delhi NCR. Impact...0 Comments 0 Shares 32 Views 0 Reviews
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GMADA Auctions Two Commercial Plots in Sector 70, Mohali for ₹5 Crore EachIn a significant move reflecting strong investor confidence in the region, the Greater Mohali Area Development Authority (GMADA) has successfully auctioned two premium commercial plots in Sector 70, Mohali, each fetching ₹5 crore. The auction witnessed competitive bidding, highlighting the area's rising stature as a commercial and retail hub. Key Details: Location: Sector 70, Mohali...0 Comments 0 Shares 29 Views 0 Reviews
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Commercial Plot in Jalandhar’s Model Town Sold for ₹3 Crore, Attracting Hospitality InvestmentA commercial land parcel in the prestigious Model Town locality of Jalandhar has been sold for ₹3 crore, reflecting continued demand for premium real estate in the city. The buyer, reportedly a hospitality developer, aims to leverage the plot’s prime location and footfall potential for a boutique hotel or upscale dining establishment. Key Highlights: Location: Model Town, one of...0 Comments 0 Shares 30 Views 0 Reviews
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Sustainable Apartment in Ludhiana’s Dugri Listed for ₹70 Lakh, Emphasizing Energy-Efficient LivingA new sustainable residential apartment in Dugri, Ludhiana, has hit the market at a listing price of ₹70 lakh for a 2 BHK unit. Designed with a focus on eco-conscious living, the project incorporates energy-efficient architecture, smart lighting systems, and water conservation features, appealing to modern homebuyers seeking long-term value and reduced environmental impact. Key Highlights:...0 Comments 0 Shares 28 Views 0 Reviews
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Bank Holiday for Dr. B.R. Ambedkar Jayanti and Tamil New Year Halts Property Registrations Across Tamil NaduIn observance of Dr. B.R. Ambedkar Jayanti and Tamil New Year, the Tamil Nadu government declared a public holiday, resulting in the closure of banks and sub-registrar offices across the state. As a result, property registration activities were temporarily paused, affecting scheduled transactions and documentation processes. Impact on Real Estate Transactions: Sub-registrar office...0 Comments 0 Shares 28 Views 0 Reviews
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4 BHK Villa in Amritsar’s Mall Road Sold for ₹1.8 Crore, Attracting Affluent HomebuyersIn a noteworthy transaction highlighting Amritsar’s evolving luxury housing segment, a 4 BHK villa located on the prestigious Mall Road has been sold for ₹1.8 crore. The high-value sale underlines the increasing demand for spacious, premium homes in one of the city’s most sought-after residential neighborhoods. Key Details: Location: Mall Road, known for its central...0 Comments 0 Shares 29 Views 0 Reviews
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Integrated Township Project Announced in Kharar, Combining Residential and Retail InfrastructureIn a significant development for the real estate landscape of Kharar, a new integrated township project has been announced, promising a modern blend of residential housing and retail conveniences. The project aims to cater to the rapidly growing population in the Mohali-Kharar region, offering a self-sustained urban ecosystem. Project Highlights Location: Strategically located in Kharar,...0 Comments 0 Shares 31 Views 0 Reviews
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Zirakpur’s Dhakoli Sees Plot Sale at ₹4,000/sq.ft., Driven by Proximity to Chandigarh AirportThe real estate market in Zirakpur’s Dhakoli continues to gain traction, with a residential plot recently sold at ₹4,000 per sq.ft. The deal reflects increasing demand for strategically located land parcels in the Tricity region, especially those near key transit hubs. Why Dhakoli is Attracting Buyers Dhakoli, a well-developed locality in Zirakpur, has been witnessing rising property...0 Comments 0 Shares 30 Views 0 Reviews
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Mahaveer Jayanthi Bank Holiday Slows Down Property Registrations Across the StateOn the occasion of Mahaveer Jayanthi, a significant religious festival celebrated by the Jain community, banking institutions and government offices, including sub-registrar offices, remained closed across various states. The closure of sub-registrar offices, which are responsible for handling property registration and documentation, led to a temporary pause in real estate transactions. Impact...0 Comments 0 Shares 34 Views 0 Reviews
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Mohali’s Aerocity Welcomes New Luxury Villa Project: 15 Premium Units Priced at ₹1.5–2 CroreA new luxury villa development has officially launched in Aerocity, Mohali, introducing 15 high-end residential units priced between ₹1.5 crore and ₹2 crore. Positioned as a premium offering for discerning buyers, this project reflects the ongoing uptrend in demand for upscale housing in Punjab’s most strategically located real estate corridor. Aerocity, situated adjacent to Chandigarh...0 Comments 0 Shares 35 Views 0 Reviews
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PUDA Launches E-Auction for Residential Plots in Patiala, Starting at ₹2,500/sq.ft.The Punjab Urban Planning and Development Authority (PUDA) has announced an e-auction for residential plots in Patiala, with base prices beginning at ₹2,500 per sq.ft. This digital auction initiative is part of PUDA’s effort to ensure transparent, accessible, and efficient allocation of urban land for residential development. The plots on offer are situated in well-developed sectors and...0 Comments 0 Shares 29 Views 0 Reviews
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Affordable Housing Boost: New 60-Unit Project Launched in Jalandhar’s Urban Estate, Priced ₹30–40 LakhIn a positive development for middle-income homebuyers, an affordable housing project has been launched in Urban Estate, Jalandhar, offering 60 residential units priced between ₹30 lakh and ₹40 lakh. The project is aimed at first-time buyers, salaried professionals, and small families seeking well-located yet budget-friendly homes. Project Highlights: Location: Urban Estate, a...0 Comments 0 Shares 31 Views 0 Reviews
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