Prime Development Land on GT Road (ZPOC-T517740)

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Property
23/05/2013 - réf 62437
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318347€
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Rajpura

India

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Prime Development Land with a very wide frontage on to the National Highway 1 (NH1)which is the Main GT Road connecting Punjab to the Capital of Delhi. This land is also near to the GT Roads going to Punjab s Capital Chandigarh and the city of Patiala. The total area is just under 2.5 acres with a very good frontage of 298ft (nearly 100 meters) on to the GT Road. There is also a lay-by near the frontage which is added benefit for parking. The road is also being changed into a 4 lane carriageway in each direction. The fourth lane is a Service Road that will serve all the properties on GT Road with connection to the Main Carriageway at intervals. Fortuently for us there is an underpass road being built near the property which connects both service roads from each direction. This would mean that the premises built here would attract double customs from both carriagways. & Chandigarh the capital of Punjab is only 47 kilometers away and the Royal City of Patiala is similar distance and Ludhiana the industrial capital of Punjab is just 61 kilometers away and the historic town of Sarhand is just a few minutes&rsquo, drive away. The site can have many uses such as an up market hotel with a shopping mall as there is not a decent hotel nearby for many kilometres although places like McDonald and the Canadian Institute are near the site. The site can be ideal for a manufacturing base as well as the Dry Port of Ludhiana is easily accessible. The Prince s Trust Organic Farming Project is also in this area. & Price: - We are just asking 83 Lakh (83, 00000) Rupees or £, 116,072.00 or 129,156 Euros or $187,121 per acre & (but we are open to offers for a quick sale) but the going rate for a land on & GT Road in this area & is over 1 Crore (1, 00,00000) Rupees per Acre which is £, 142,857 per acre. & & & (exchange rate applied & on the day of coming on the market) Directions For Viewing & The land is located approximately halfway between Sirhind and Rajpura. When travelling on SE carriage way of GT Road (towards Delhi) from Sirhind, travel for approximately 20 minutes and then look out for the Continental Institute on the left hand side and a Mobile Phone Mast on the left then approximately 300 metres after this & there is the road going to Rajinder Garh Village on the left. Do not turn into this road but slow right down on the GT Road. From this road it is the 3rd field going along the same GT Road carriageway. & & Purchase IncentivesReduced PriceInvestment CharacteristicsReduced PriceBelow Market ValueCapital GrowthHigh YieldImmediate IncomeDiscounted PriceLifestyle ActivitiesDevelopmentAmenities and ServicesParkingMotorwayProperty FeaturesViewsKey selling points:Development land on GT Road at one eighth of price of Jalandhar

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Price of the real estate or monthly rent if this is a rental or roommate : 318347 €

Date of the last real estate ad update : 23/05/2013