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Amritsar - the City of Golden Temple – Mecca of Sikhism is famous for its rich culture, tradition and heritage. The city has a glorious past due to its strategic geographic location. The city has been an ancient trade route to various parts of the world. |
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Amritsar boasts of many potent sites namely Golden Temple, Jallianwala Bagh and Wagah Border which attracts millions of tourist from all over the world. Golden Temple is the seventh most visited site by tourists in the world. |
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Amritsar is well linked through air, rail and road. The main road spine of the country N.H.1 i.e. Grand trunk road runs through the city and links the city to Pakistan through Wagah Border. An under construction fly over by Gammon India and Municipal corporation from outskirts of the city to the Golden temple will reduce the journey time to the destination considerably. Coming up of brands like DLF, Ansals, AIPL, Nitishree, Metcalfe, Unitech, Parasnath on the approach road to the city has taken the land prices sky rocketing |
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Similarly Amritsar is the start and destination of many rail routes of the country. This facilitates the tourist and trade influx in the city. | |
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International Airport – which now caters to 92 flights per week, is fast coming up as a major nodal air transport hub of the region. The areas adjoining the International Airport have witnessed a phenomenal rise in land prices over the last couple of years. Coming up of brand like Omaxe, Raddisson, Ansals, Blue city and others has further enhanced the real estate potential of the adjoining areas. |
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The newly constituted government in the state has announced a development package of 3150 crores for the basic infrastructure development of the city. | |
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Opening up of the trade with Pakistan (partial) through Wagah Border and the easing of tension between India and Pakistan has been a boon for the development of the city.
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In totality Amritsar offers very good investment opportunities for real estate developers. The overall development trends in the city have encouraged both local and international players to come up with very relevant and futuristic projects for the city. |
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