Q: The Property in Amritsar has graduated from independent homes in private colonies to multistoried housing and cooperate societies. With the increase of NRI traffic there was an up gradation of the city airport where there were more international fights than before. This began the entering of real estate developers in city.
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Amritsar is rapidly developing in the infrastructure sector. The Government of India is keeping aside separate budgets for a lot of projects pertaining to the growth, development, and maintenance of the sewage, water, and roads in the city under JNNURM.
The real estate of Amritsar is evergreen due to it being a major tourist spot and spiritual center. The Amritsar real estate market is attracting a lot of investments because of the heavy development in infrastructure and the many commercial projects being undertaken.