Patiala Property Market Information

Patiala property has long been overlooked by real estate developers but the scenario is changing now. With the lands fast drying up in major cities to carry out further property development projects, the focus is being shifted towards smaller cities. Patiala, being the fifth largest district of the state of Punjab , has succeeded in grabbing the attention of leading property developers. As a matter of fact, the city has always been figured prominently on the map of India owing to its cultural legacy and historical importance. Besides, the city is also known for its numerous small scale industries.

With the construction of wedding malls by Omaxe, a leading real estate builder, the city has joined the league of cities that are fast throwing up their traditional looks to welcome the most fashionable mall culture. To augment even further the newly acquired shopping experience of the people living here, many more similar kinds of projects are in the offing. A scope is also generated for the development of state-of-the-art multiplexes, shopping centers, commercial places and residential houses, thus initiating the process of development in Patiala real estate.

Once a famous princely state, the city of Patiala has inherited a bouquet of historically and culturally significant buildings and monuments besides many religious places. Qila Mubarak Complex, Qila Androon, Rang Mahal & Sheesh Mahal, Ran-Baas, Darbar Hall (Divan Khana), Jalau Khana and Sard Khana (Cool Room), Lassi Khana (Kitchen), Shahi Samadhan, Moti Bagh Palace, Sheesh Mahal, Lachman Jhoola, Bir Moti Bagh, Mall Road, Rajindera Kothi, Baradari Gardens and Ijlas-e Khas are quite enough to put the city on the tourist map of the country.

Besides, major religious centers and other places of importance in the city includes Gurudwara Dukhniwaran Sahib, Kali Temple, Qila Bahadurgarh, Panj Bali Gurdwara, Maiji Di Sarai, Banur, Samana, Sanaur, Ghuram (Kuhram or Kahram).

Consequently, the city has a thriving business of hotels and hospitality sector. Giving a further boost to this potential sector of the city is the proposal by Omaxe to develop a hotel in Patiala. The move will certainly encourage other real estate developers to come forward with plans to tap the potential of Patiala properties. Development in commercial segment will give an impetus to the growth of residential properties in Patiala also. Patiala Property Dealers will form another major catalyst to increase the pace of Patiala real estate development in the coming years. With the ubiquitous presence of property dealers at every location of the city, the development process of Patiala properties will take wings.