Overview of Pakhowal Road Area, Ludhiana

The Pakhowal Road area in Ludhiana stands out as a vibrant and diverse locality, full of different real estate choices that make it appealing for both buyers and renters.

Property Types and Prices

In this region, you will find an array of property types like apartments, standalone houses, villas, plots, shops, and showrooms. Here’s what you should know:

• Apartments: Prices stretch from ₹85 lakhs to ₹2.11 crores. Built-up space ranges from 1600 sq. ft to 3315 sq. ft. Many of these are nearly ready or still being built[5|.
• Independent Houses: These range from ₹30 lakhs to ₹2 crores, with built-up areas from 50 sq. yd to 200 sq. yd.
• Villas: Prices are between ₹75 lakhs and ₹ 1.58 crores, with built-up spaces covering about 152 sq. yd.
• Plots: These go from ₹14 lakhs to ₹5 crores, varying in size from 100 sq. yd to 700 sq. yd.
• Shops and Showrooms: Shops start from ₹45 lakhs, while showrooms can run around ₹1.4 crores.

Price Trends and Affordability

Overall, properties on Pakhowal Road average around ₹81.51 lakhs, starting as low as ₹22.50 lakhs. The price trend has been going down, which is good news for potential investors.

Rental Options

If you are renting, your choices are:

• Builder Floors: Available for rent at ₹7,600 per month for a 2 BHK unit with a super area of 720 sq. ft.
• Independent Houses and Flats: Monthly rents range from ₹8,100 to ₹14,000 for 1 BHK to 2 BHK units. Also, larger homes and duplexes range up to ₹60,000 per month.
• Commercial Spaces: Shops and offices can be rented for ₹29,000 to ₹32,000 per month.

Locality Highlights

Pakhowal Road is appreciated for its prime location, safe environment, and projects from acknowledged builders. It makes living easier with easy access to different amenities and services.

PropertyWala's Verdict

For people buying or renting in Ludhiana's Pakhowal Road, you can take advantage of its wide range of property types, reasonable prices, and advantageous location. The falling property prices now can make it an ideal time for investment. You can find everything from affordable plots to fancy apartments or rental options here – providing good grounds for your real estate needs.