Indian Real Estate: Transforming Amritsar

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Amritsar Real Estate: From Sacred City to Hip & Happening

People crossing over from Wagah into India will soon be subjected to the razzle dazzle of Amritsar as real estate developers plan to pump in big money to make the city a rival for the golden glitter of the Golden Temple.

Delhi based realtors of repute have added a spurt to real estate activity in the sacred city of the Sikhs by building malls, multiplexes, villas, luxury apartments and penthouses. Further, the Government of Punjabs plans to set up special economic zones (SEZs) has triggered the interest of the builders and developers, alike. Yogesh Verma, DLF Universals Managing Director says: If not the best in the world, then definitely the idea is to make Amritsar the best city in the country.

Just the same way as they transformed Gurgaon, these developers plan to wreak their magic on Amritsar, changing it from a city with an ancient past and glorious history to the most hip and happening Indian town. This would also boost tourism and provide better connectivity with the Wagah border. Verma adds. Religious tourism and an international airport should have seen the city develop much...

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