Certain parts of Jalandhar especially the southern side are seeing strong real estate growth and may offer better investment opportunities according to real estate expert Sukhdev Singh.
Speaking about city trends Singh said “There is a part of the whole city, like the southern part of Jalandhar which is growing well and the rate is also very good and if you look at the growth in the last 10–12 years the maximum growth is in this area.”
He pointed out that development in newer areas is more structured compared to older parts of the city “In earlier areas developers did not visualize much like roads are narrow and now with more houses and cars it becomes difficult so new areas are being built with better planning” he said.
Talking about what makes an area promising Singh highlighted infrastructure and planning as key factors “We have done plotting where roads are 100 feet, 80 feet, and not below 60 feet and there are proper green areas, rain harvesting, no sewer issues and no traffic problems” he said adding that such features naturally improve property value.
He also noted that connectivity plays an important role in future appreciation “Within a year or so, connectivity will improve and the approach will become better that will further increase the value of these areas” Singh said.
On comparing locations within the city he said high-priced areas do not always guarantee better returns “Model Town is a good area but price being high does not mean the investment is better” he said.
Sharing a broader view Singh said real estate development in Punjab is still at an early stage “It has just started and there is a lot to be done and development will happen” he added. He also stressed that buyers should focus on basics before investing “It is the duty of the investor to check approvals, track record of the builder and how many projects have been delivered and sometimes people get trapped in greed” Singh cautioned.
According to him, planned expansion and infrastructure-driven growth will continue to shape investment hotspots in Jalandhar in the coming years.