Tag: Shaheed Bhagat Singh Nagar

CommercialLatest Stories

Ludhiana Civic Body Plans to Sell Commercial Properties for Revenue

LUDHIANA: The cash-strapped civic body is now considering selling its commercial properties across the city to raise funds. According to sources, officials are currently determining the property values to prepare for an upcoming auction. These commercial properties have been identified, and there is optimism about finding buyers. “They have earmarked 65 shop-cum-offices for auction in Shaheed Bhagat Singh Nagar, situated opposite Keys Hotel. Some of these SCOs were previously auctioned, yielding significant revenue. Additionally, a commercial site of 268.44 square yards near Kailash Cinema Chowk, 10 shops in the Bearing Market near Jagraon Bridge, and a commercial property of 653…

IndustryLatest Stories

Ludhiana Trust Assesses Crore-Worth Properties Before Court Ruling

LUDHIANA: The Ludhiana Improvement Trust (LIT) has begun an extensive assessment of its key real estate holdings, including the long-dormant City Centre building in Shaheed Bhagat Singh (SBS) Nagar. This initiative is part of the Trust’s efforts to prepare for potential significant legal outcomes and to raise funds for city development through upcoming auctions. The evaluation encompasses several valuable properties, including the multi-storey building on Rani Jhansi Road, the Trust’s headquarters in Ferozepur Gandhi Market, and the 25.5-acre City Centre project on Pakhowal Road. Sources reveal that the Delhi High Court has instructed officials to compile a list of all…