Ludhiana
Model Town represents a premium residential hub in Ludhiana, characterized by high-value villa segments and strong appreciation in surrounding arterial roads. The market displays consistent growth, with residential apartment rates on nearby Pakhowal Road rising by 6.79% to reach ₹6,500 per sq ft. Rental demand is equally robust, particularly for 2 BHK apartments, which command an average monthly rent of ₹20,350. The region benefits from its proximity to key development corridors, ensuring sustained interest from both prospective homeowners and tenants.
As of June 2026, the average asking price in Model Town stands at ₹7,700 per sq ft. This reflects a positive growth trajectory, as the rate has appreciated by approximately 7.69% from the ₹7,150 per sq ft recorded in March 2026, signaling sustained demand and confidence in this established locality.
Property prices in Model Town have shown a clear upward trend throughout the first half of 2026. The micromarket rate rose from ₹7,150 per sq ft in March 2026 to ₹7,700 per sq ft in June 2026, indicating that the area is experiencing consistent price appreciation which may be attractive to long-term investors looking for stable growth.
While Model Town currently commands an average asking price of ₹7,700 per sq ft as of June 2026, nearby Pakhowal Road offers a more accessible entry point at ₹6,500 per sq ft. Notably, property rates in Pakhowal Road have seen significant momentum, having appreciated by 6.79% over the recent period, making it a competitive alternative for buyers evaluating different residential pockets in Ludhiana.
Villas in Model Town are currently priced at an average of ₹12,800 per sq ft as of June 2026. This segment has demonstrated steady growth, having appreciated by 1.66% compared to the previous period, reflecting the premium nature of independent housing options in this locality.
A 2 BHK apartment in Model Town currently commands an average monthly rent of ₹20,350 as of June 2026. This rental price point provides a clear benchmark for tenants seeking residential accommodation in the area and serves as a useful data point for landlords assessing the income potential of their assets.
Rental rates across key nearby localities like Bhai Randhir Singh Nagar, BRS Nagar, and Rajguru Nagar are currently consistent at ₹50 per sq ft as of June 2026. While BRS Nagar and Rajguru Nagar have maintained stable rental pricing with 0% change, Bhai Randhir Singh Nagar has shown strong rental growth, having appreciated by 7.14% compared to the previous period, which suggests increasing tenant demand in that specific neighborhood.
