Reasons That Make Amritsar a Great Real Estate Hotspot

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Reasons That Make Amritsar a Great Real Estate
Hotspot

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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.

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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.

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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.

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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.

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• 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 shoppers
  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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