Skip to main content

Robust Real Estate growth in Punjab

 


Chandigarh: The land of five rivers – as Punjab has famously been known for ages – is now housing some of the leading real estate developers who have their headquarters in Tier 1 cities – Advance India Projects Limited (AIPL), Omaxe, Emaar India, DLF and Ansal API are some of these. Not only Mohali in the Chandigarh capital region, but most of the other Tier II and III cities of the State are attracting investors.

 The current dispensation led by Chief Minister Bhagwant Mann seems to be keen to promote the realty sector, as the government knows well that the real estate sector will give a significant push to the state’s economy. It is indeed encouraging to notice the entry of major real estate developers in the state and it is very promising for this segment’s revival. This shall not only boost the economy of the state but also bring diversity in terms of the architecture, green building aspect, and long-term sustainability of the sector.

Shamsheer Singh, Chief Operations Coordinator, AIPL said, "The Punjab market is showing robust growth. There is a keen interest shown by Punjabi NRIs' who have the required finances and a desire to own dwelling or commercial units in their parent state-Punjab. Punjabis who migrate abroad do have an emotional connect with their home state. Post-Covid everyone wants to have their own home from where they belong and remain connected to their roots, especially for the new age generation. Moreover, with rising incomes and easier financing, a lot of people are investing in real estate as end users."

 Dalip Sharma, Secretary General, Punjab Chamber of Commerce and Industry, and Director General, India Investors' Federation said, “A positive environment has been created in the state not only for the investors but also for the home buyers. RERA has further strengthened the people’s faith in real estate projects. Hassle-free government clearances and easy loans for home buyers are contributing to make Punjab an ideal destination for big developers from the NCR.”

Shamsheer Singh, elaborating further said that every entrant into Punjab will have to take care of the state’s environmental concerns as well. “Our townships in Punjab have been incorporated with concepts & features that truly define them as Sustainable townships and we strive to incorporate the best practices of being an environmentally responsible developer without compromising on the functionality and Aesthetics. 

Anshuman Magazine, Chairman, CII NR, and Chairman and CEO – India, Southeast Asia, Middle East & Africa, CBRE said, “Growth would be supported by investment undertaken by the private sector and by the government. The growth trajectory of the residential sector is a testament to its strong fundamentals because this has happened despite a rise in construction costs owing to high input costs.” BlogsWire

 

 

Labels:

Comments

Post a Comment

Popular posts from this blog

ThinkNEXT gets the 'Most Trusted Digital Marketing & Industrial Training Company of The Year' Award

Chandigarh : Mohali-based IT concern ThinkNEXT Technologies has been declared The Most Trusted Digital Marketing and Industrial Training Company of The Year. Munish Mittal, ThinkNEXT's Director received the coveted award recently at an event 'Iconic Business Summit and Awards -2021’ held in the national capital New Delhi .   Munish Mittal, Director, ThinkNEXT Technologies receives the 'Most Trusted Digital Marketing & Industrial Training Co. of The Year’ Award at Iconic Business Summit & Awards-2021  Mittal received the award from renowned Bollywood actress and politician Jaya Prada and Miss Universe Romania Anca Verma. Faggan Singh Kulaste, Union Minister of State for Steel, and Chaudhary Uday Bhan Singh, Minister of State for Khadi and Village Industries, UP were also present. “I am happy that our efforts have been acknowledged. We were competing against hundreds of companies from across India , who along-with us  had participated in the summit. Apart from m
Post a Comment
Read more

Robotic gynae procedures better than traditional gynae surgeries: Dr Preeti Jindal

Amritsar:  According to Dr. Preeti Jindal  a Senior Consultant Gynaecologist, IVF, High-Risk Pregnancy, Laparoscopic & Robotic Surgeon, "Robotic Gynae Surgery which utilizes robotic technology to perform gynecological surgeries offers several benefits such as smaller incisions, reduced blood loss, and shorter recovery time compared to traditional methods."  Dr. Jindal said this in a press release issued here.   Dr. Jindal's statement was aimed at spreading awareness about Robotic Gynae Surgery and its benefits.    She informed that Robotic Gynae Surgeries like hysterectomy - done to remove all or part of the uterus, endometriosis surgery - to remove tissues outside the uterus, oophorectomy - to surgically remove one or both ovaries and gynae cancer surgeries, are now available in the region.  "Robotic Gynae Surgery is the latest state-of-the-art technology and this has several advantages compared to both laparoscopic and open gynae procedures", she said.
Post a Comment
Read more

Akash Bhatnagar creates record in single leg football juggles

Ghaziabad (Uttar Pradesh) : Akash Bhatnagar from Ghaziabad has created a remarkable record in doing maximum single leg football juggles performed in 30 seconds. His name has been included in the India Book of Records (IBR). Akash Bhatnagar (born on February 20, 2000) is also titled as ‘Grand Master’ in Asia Book of Records (ABR) for the same attempt. He performed 95 football juggles with his right leg in 30 seconds, as confirmed on September 09, 2020. Football juggles is one of the important techniques, practiced to develop the ball control during a football match. He wanted to help all the talented sportspersons through his sports NGO, who are facing problems in their respective career. He said, “I am playing football for past 8 years and it took 6 months of continuous practice of football juggles to achieve this level. I had performed 182 juggles in 60 seconds, it means more than 3 juggles per second. Sunny Bhatnagar, my elder brother and a former International Jeet Kune Do pla
Post a Comment
Read more