Sushma Group has acquired a 59-acre land parcel in Ludhiana for a mixed-use development, featuring residential, industrial, and commercial plots. This project aims to enhance Ludhiana's real estate landscape, leveraging the Ajmeri-Ludhiana Economic Corridor's improved connectivity. With features like medical facilities, green spaces, and infrastructure for fast airport connectivity, the initiative supports Ludhiana's economic growth. Prateek Mittal, Sushma Group's Executive Director, emphasized its role in transforming Ludhiana into a key hub for commercial and industrial activities, fostering sustainable development and elevating the city's economic landscape.
Sushma Group has successfully acquired a 59-acre land parcel located in a prime area, with plans to develop a mixed-use project consisting of residential, industrial, and commercial plots. This initiative aims to improve the real estate landscape in Ludhiana, addressing the increasing demand for integrated infrastructure, particularly in light of the Ajmeri-Ludhiana Economic Corridor. This project is expected to create new growth opportunities, attract businesses, and enhance the overall quality of life in the region.
Kulwinder Singh Gill, a representative of KVVR Infratech, expressed confidence in the collaboration with Sushma Group, describing it as an excellent decision. He believed that their vision for the project would bring transformative changes to Ludhiana's infrastructure and contribute significantly to the city's growth.
Prateek Mittal, the Executive Director of Sushma Group, spoke about the importance of the acquisition, stating that it was part of their long-term vision to aid in the strategic growth of Ludhiana. He mentioned the enhancement of connectivity brought about by the Ludhiana Periphery Road, part of the Ajmeri-Ludhiana Economic Corridor, and asserted that the project would function as a catalyst for economic prosperity, attracting industries, startups, and residential communities. He expressed enthusiasm about participating in Ludhiana's evolution into a major hub for commercial and industrial activities.
The mixed-use project is anticipated to have a significant impact on the real estate sector, emphasizing sustainable development and modern urban planning. The industrial section is designed to provide fast connectivity to Ludhiana Airport, facilitating quicker transportation of goods and products. It will incorporate essential services such as on-site medical facilities, designated areas for drivers and helpers, underground cabling, emergency fire fighting systems, electric charging stations, and solar-powered communal spaces.
In addition, the residential part is projected to include amenities such as a primary school, green spaces, medical facilities, open gym areas, skating parks, and wider roads, creating a comprehensive living environment for the community. Overall, these features aim to equip Ludhiana with the necessary infrastructure to support its expanding economy while improving the quality of life for its residents. The strategic decision by Sushma Group is expected to lead to transformative developments that will further establish Ludhiana as a key player in the region's economic future.
The Sushma Group's strategic investment is set to significantly elevate Ludhiana's economic landscape, fostering sustainable development and positioning the city as a vital hub for industry and commerce in the region's future.