Ultra-Luxury Residential Complex In Ludhiana To Suit Your Lifestyle

As one of the fastest growing cities in the Northern India, Ludhiana has come a long way since being known a quite town in Punjab. In spite of its strong industrial presence, the city was labeled as the small town until the sudden growth in its infrastructure. In addition to that, Government’s announcement of ‘Smart Cities Mission’ worked as a catalyst. It worked in favor of Ludhiana’s significant growth in all possible sectors.

Ludhiana has undergone a multi-faceted development that led to a business expansion in this particular region. Consequently, it became a job hub in Punjab where more and more people across India have migrated to this place. Its recent growth induced IT giants to open their branches in this city. This influx in industrial development was supported by major retail chains and sophisticated hospitals, and top education centers. The city is constantly developing and keeping the requirements of the modern crowd, the top most builders are launching their high-end projects in and around the city.

One of the most promising projects has been launched by the renowned promoter Oswal Greentech Limited in collaboration with the top developer Arr Ess Industries. Their residential project, Centra Greens in Ludhiana has been in the news since its launch for all good reasons. This is the ultimate living destination in the core of nature for the people who long for a lavish lifestyle. Needless to say, this spacious residential unit provides all possible amenities from the gym, swimming pool, sports court to the library, restaurant, banquet halls, and much more.

In addition to unmatched sophistication in terms of luxury living, these high-rise apartments in Ludhiana offers a tight security for its residents. With CCTV, access control, and round the clock security system, this residential complex has truly set a mark in Ludhiana’s real estate market. Over the last five years, this flourishing city in Punjab has witnessed a drastic transformation. It is expected to meet another sea of changes in the coming years. So this is the right time for you to invest in an ultra-luxury residential project like this.

Top Reasons For Property Investment In Ludhiana

Ludhiana has witnessed a rapid urbanization and a significant rise in urban population in the last five years. Owing to its growth and rising population, more and more people are looking lavish apartments at a reasonable price. Many leading real estate developers have already grabbed this opportunity and started building high-end apartments in the prominent zones of Ludhiana. According to the real estate market expert, this is the ideal time for property investment in Ludhiana. Here is why property investment in Ludhiana is a lucrative option.

Industrial development: Ludhiana, an industrial town is now flooded with manufacturing units, education institutes, MNC companies, shopping malls, and more. As the city’s infrastructure has shown an immense growth in the recent past, it paved the way for the real estate builders. Real estate projects promise big profit margins shortly. The masses who have migrated to Ludhiana for their jobs have shown their interest in property in Ludhiana. 

Low-cost price: Ludhiana is has got a prominent place in the map of Punjab due to its urbanization and population but its property price is comparatively lower than Chandigarh. If you choose an area that is developing and expressway, schools, hospitals, and other infrastructural development have been proposed, it would be a good choice. You can expect an outstanding return within five to ten years. Considering this strategy, Ludhiana is ideal for property investment. In most of the developed cities in Northern region, the rates for the property have climbed to a certain level that it is beyond the reach of the commoners. Ludhiana has proved to be the best choice for investment with its affordable land and labor cost.

Location: Ludhiana is well connected with other cities in Punjab by road. Moreover, its proximity to other major cities in Northern India made a top choice for the booming real estate market. Upcoming infrastructural projects have made this city a hot spot for the investor. In a limited time frame, one can expect a big profit margin by investing in any big project there.

Investing in a residential property is always beneficial for you. Either you can give it for a rent and easily use the money to pay the EMI or you can stay there for some period and sell it off when you get the best price. Due to the rising demands of residential projects reputed builders are now offering lavish apartments with all modern amenities and world-class facilities. If you are looking for luxury living, you can consider Apartments in Centra Greens. Located at Pakhowal Road, one of the posh and convenient areas in Ludhiana these apartments offer unmatched infrastructure and multiple amenities including club and outdoor facilities, balcony, servant’s room along with tight security system. It has all to make everyone’s living comfortable, amazing, and convenient.

Prioritize Your Decision Before Investing in Real Estate

Experts are always keen in suggesting the right time to carry forward the with the right action. Just like each and every action has its right time to be carried out throughout the day, there's even the right time for investing in the real estate sector as well. Often people tend to confuse real estate purchase with the purchase of regular commodities, but things do not seem to work as per their considerations. When it comes down to real estate market, even the personal life of the buyers play a significant role. There are few considerations that all the purchasers make before taking the big step forward.

The stability of the income is a big thing since most of the people get excited while purchasing the apartments in Ludhiana, they tend to forget how well can they maintain it. What is the likelihood, that income will remain same or increase in the next six months? For those who are unsure about the future income situation, picking up any mortgage isn't a fair decision to make. It makes sense to wait for the next few months until there's a clear picture of the future earnings or at least there are some savings.

Credit score determines the rate of interest that will be obtained on the mortgage if at all it gets approved. As far as the real estate companies are concerned, those who are sitting on unsold inventory, and not having enough cash to complete the project, the banks become vary to finance them in the long run. There are many projects, in the market which do not get bank loans at all. So once the property is being finalized, and all the payment approvals are made in place, it is essential to make a quick check about the banks who are ready to fund for it, and offer loans at the lowest rate. 

There are several payment options available wide open in the market- the down payment plan, the flexi-payment plan, construction-linked plan and even the possession-linked plan. Experts have always claimed that before buying an apartment in Centra Greens or any such project, all must verify these payment options available in the market, as there is a cost for each and every respective convenience they select. Moreover, most of the builders, mention super built up area in the brochures, which includes, common areas, staircase, lobby and much more. The carpet area of the entire flat must be at least 30 percent less than the super built-up area. Since purchasing properties are one of the considerable investment options, it makes enough sense not to be precarious about it. It is a lifetime event that will hold a valuable position in the financial career of every individual.