Jammu Property

Jammu real estate, despite being restricted to the local residents of the state of Jammu & Kashmir, has witnessed robust growth over the last few years. The growth in real estate sector has brought more construction of modern houses, development of newer localities and escalation in property prices. Apart from the expansion of existing colonies on traditional lines, modern housing solutions have been introduced by the leading builders like United Buildtech and Ansal Housing and Construction Ltd (AHCL).

Jammu is second largest city of Jammu and Kashmir and functions as its capital during winter season. The city is situated en route to the holy shrine of Vaishno Devi and hence is bustling with enthusiastic pilgrims throughout the year. Consequently, the city has a thriving trade and growing manufacturing industries. Bari Brahmana is the major center where most of the Jammu' manufacturing activities are concentrated. Of late, the government has taken initiative to give a boost to the industrial activities by planning to establish a textile city in Kathua, a Growth Center at Samba and an Export Promotion Industrial Park at Kartholi.

The residential sector is also experiencing transformation and the traditional look of colonies like Shastri Nagar, Gandhi Nagar and TriKuta Nagar is losing charm against the upcoming localities of Sainik Colony, Greater Kailash and Channi Himmat. Over the last few years, the property rates in the areas of Sainik Colony and Greater Kailash have registered a three-fold increase. This shows the popularity of these newly developed localities. Several other upcoming residential colonies include Janipur, Tallab Tillo, Sidra, Sujwan, Chowdi Road, Valora, Ban Talab, Muthi, Durga Nagar, Tujwani, Gangiyal and Roop Nagar.

Apart from these, the nationwide trend of modern housing solutions has also become a characteristic feature of Jammu real estate. Touted as the first integrated township of Jammu, Ansal Town being developed by AHCL will offer villas and plots to upscale home seekers. AHCL has also launched a project of apartment complex, which will offer 3 BHK apartments at reasonable rates. Another builder United Buildtech has come up with 'Heritage' and offers a flexible range of apartments for sale.

Along with the development of properties in Jammu, opportunities for various real estate professionals are also being created. Among these, the most important one is property dealers who help you in buying, selling and renting Jammu properties.