Ludhiana
Model Town continues to be a prominent residential destination in Ludhiana, characterized by diverse property options and consistent demand. The market shows a distinct preference for high-value villas and well-located apartments, with price trends indicating upward movement across key segments. Rental activity remains stable, providing reliable options for residents looking for proximity to major city hubs like the Ludhiana City Centre. Investors are increasingly focusing on the area due to its established infrastructure and steady appreciation.
As of September 2026, the average asking price in Model Town is ₹7,850 per sq ft. This reflects a consistent upward trajectory in the local real estate market, having appreciated from ₹7,650 per sq ft in June 2026 and ₹7,150 per sq ft in March 2026, indicating sustained buyer demand in the area.
Property prices in Model Town have shown a steady growth trend throughout 2026. The average asking price rose from ₹7,150 per sq ft in March 2026 to ₹7,650 per sq ft in June 2026, and further reached ₹7,850 per sq ft by September 2026. This consistent quarterly increase signals a resilient market environment for property owners and investors.
Model Town currently commands a higher average asking price of ₹7,850 per sq ft compared to Pakhowal Road, which has an average rate of ₹6,750 per sq ft as of September 2026. Notably, property rates in Pakhowal Road have appreciated by 0.18% over the recent period, reflecting a positive growth sentiment across these prominent Ludhiana neighbourhoods.
Villas in Model Town are currently priced at an average of ₹12,800 per sq ft as of September 2026. This segment has seen an appreciation of 1.66% compared to the previous period, highlighting the premium nature of villa properties in the locality and their continued appeal to high-end buyers.
The average monthly rent for a 2 BHK apartment in Model Town is ₹17,500 as of September 2026. This rental price point provides a clear benchmark for tenants looking for residential options in the area and serves as a vital data point for landlords assessing the income potential of their 2 BHK assets.
Rental rates in the broader Ludhiana region show variation, with Ludhiana City Centre commanding an average rental rate of ₹50 per sq ft, a rate that has remained stable with 0% change. In contrast, Bhai Randhir Singh Nagar also averages ₹50 per sq ft but has experienced a notable appreciation of 7.14% in its rental rates, suggesting increasing demand for rental properties in that specific neighbourhood.
