April 29, 2008

Ring Road for Jalandhar Sanctioned--Excellent Real Estate Opportunities

Punjab C.M. has formally sanctioned the Rs. 571 crore Ring Road project which was put forward by Jalandhar Municipal Corporation . ( After formalities are over , it would be implemented by P.W.D. and National Highway Authority of India ). The Ring Road would take off in the North from Village Sarai Khas on the Jalandhar -Amritsar G.T. Road, then , on the Western side, touch Kapurthala Road, then Nakodar Road, then Jalandhar-Nurmahal Road and finally join Jalandhar- Ludhiana G.T. Road at Village Kot Kalan . A bye pass is already operational on the Eastern side between P.A.P. Chowk and Bidhipur ( touching Hoshairpur Road and Tanda ( Pathankot Road) .Thus the Ring would be complete .
Total length is 55 km . About Rs. 317 cr of the project cost has been earmarked for land acquisition.
Apart from greatly easing the flow of traffic by , especially , providing bandpass to Nurmahal , Nakodar and Kapurthala , it would lead to development of this Western part of outlying Jalandhar on the lines of eastern side ( existing Amritsar Bye pass ).
There is lot of excitement among property developers and Investors on this new real estate goldmine in Jalandhar.

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