Properties in Amritsar

Amritsar is a famous city in the state of Punjab, which was earlier called Ramdaspur and Ambarsar. It gets its name from the AmritSarovar, the holy water body surrounding the beautiful Golden Temple. It’s one of the largest cities in Punjab and the administrative headquarters of the Amritsar district. Know the information about Amritsar in this city.

 

Real Estate Market of Amritsar

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.

The market is now witnessing people going in for multistoried houses and societies, shifting from independent houses and colonies. The renovation of the international airport saw more NRI traffic, which has led to increased activity in this sector.

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Properties For Buy In Amritsar City

About Amritsar

Having a significant Sikh population, this city is a spiritual center for the Sikhs. The city of Amritsar is known widely for the Golden Temple or Harmandir Sahib. It also houses the symbol of Sikh political sovereignty called Akal Takht and the holiest text of Sikhism, the ‘Guru Granth Sahib’.

Known for its rich cuisine and vibrant culture, Amritsar is visited by a lot of tourists from all over the world. This city is also known for the tragic JallianwalaBagh massacre in 1919. Amritsar has very narrow streets and is a very good example of the Katra style of the introverted planning system, a defense system for when the city comes under an attack.

 

Industries in Amritsar

The tourism sector is the chief contributor to Amritsar’s economy. Lots of people from all over the world flock here, which boosts other industries apart from tourism. The Golden Temple alone attracts more visitors than the Taj Mahal in Agra. Even on weekdays, there are more than 1, 00,000 visitors. A lot of NRIs also visit here.

Amritsar is also very famous for its Pashmina shawls. It is a known manufacturer of silk goods, thick serge, and carpets form a major part of the industry, contributing to this city’s economy. Weaving carpets are also popular in Amritsar and are mostly produced from inferior raw wool.

 

Infrastructure of Amritsar

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. A number of malls and parks are in progress in this city. Being a major magnet for tourists, a lot of stress is being put on taking extra care of the religious and historical places here.

One of the most important projects in Amritsar infrastructure development is the mass transit system, which will connect the city to Delhi through Chandigarh. The widening of roads is being undertaken, which is very important for the city’s connectivity to other major surrounding cities.

With the renovation of the international airport in Amritsar, which now has a brand new terminal, the infrastructure of this city is scaling new heights. Other primary areas, such as education and healthcare facilities, are also being targeted for rapid development and expansion. More residentially oriented projects are also being undertaken.

 

Connectivity in Amritsar

Amritsar can be reached by domestic and international travelers by air through the Sri Guru Ram DassJee International Airport.

Located on the Grand Trunk Road (G.T. Road), better known as NH-1, Amritsar is very well connected by the road network to all the major cities in India as well as Lahore in Pakistan. There are buses that run frequently between Amritsar and surrounding cities like Delhi, Ambala, Patiala, Jammu, and Chandigarh. The expansion of the Amritsar-Jalandhar stretch of the G.T. Road to 4 lanes is the latest development

The intra-city transportation mostly takes place through cycle-rickshaws, auto-rickshaws, buses, and taxis. A mass rapid transport system is in the development stage, which is expected to help the current traffic situation.

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