Bathinda – The Best Investment Destination.

A city with a grand historical background and a district headquarter situated in the heart of Malwa region and retaining a distinguished identity at the border of Haryana and adjacent to Rajasthan State. Some of the features indicative of its pace of development are a modern thermal power plant, fertilizer factories, and a large oil refinery. Bathinda is one of the biggest food grain and cotton markets in northern India, and the area around this city has become a large grape producing area. Bathinda is also a leading railway junction of the country making it the centre of connectivity. The city also has perhaps biggest military station of Asia along with an Air Force Station.

TURNING POINT OF GROWTH

With a single largest direct investment in refining sector, Bathinda – a city of imperial historical culture is now poised to the multiplier effect in its economy and lifestyle. Construction of five-star hotels, an international cricket stadium, an airport and shopping malls have been announced. Much more is on the cards. NRI and richest man in Britain LN Mittal’s decision to invest in the Guru Gobind Singh Oil Refinery has set the ball rolling for a big growth for this town in Punjab. The oil refinery would spur economic activity in the city. The Mittal Energy Investments Ltd in a joint venture with the HPCL will be investing Rs 18000 crore in the refinery that is expected to be commissioned in December 2010.

THE AIR ROUTE

The union government recently cleared a proposal to set up a state of the art domestic airport here. This would in turn expand the influx of foreigners, NRI’s and other business houses to explore the potential of this upcoming mini metro. The true look and feel of being able to connect to other states and countries gives Bathinda the sense of soaring high.

EXCELLENT CENTRE OF EDUCATION

The education in Bathinda had established an excellent momentum with colleges like Government Rajindra College and other private colleges located in the heart of the city. The colleges offer graduate courses in science, commerce and humanities. The city also has Regional centre of Punjab Technical University, Giani Zail Singh College of Engineering & Technology and Bathinda Engineering College. It has about 150 schools and reputed coaching centres in the town. It also has a private medical college called the Adesh Institute of Medical Research, and Baba Shiri Chand Ji Government College in Sardargarh (Bathinda).

INTERNATIONAL SPORTS STADIUM

One of the favourite projects of S. Sukhbir Badal, President of the ruling Akali Dal was to get an international cricket stadium in Bathinda. Hon’ble Chief Minister S. Parkash Singh Badal laid the foundation stone of “World Class Cricket Stadium” in Bathinda on Dec. 8, 2007 to be built in about 52 acres of land on the outskirts of the city.

HOSPITALITY INDUSTRY

With a four-star, three-stars and two-stars hotels alongwith a number of un-starred hotels and guest houses not sufficiently catering to the visiting trading community and representatives of various government organizations, MNC’s and other Indian companies and the potential being generated by the ongoing activities the need to have a five star hotel in the convenient location of the town was being strongly felt by the visitors.

THE CATCHMENT AREA & ITS POPULATION

Besides the existing whole sale cloth market, grain market, cotton market, fruit market, general trading and exclusive branded showrooms, Bathinda happens to be the catchment area for a large number of towns covering approximately 25-30 lakh population in about 20-50 km radius which includes important semi urban & rural townships like:

    • Barnala
    • Abohar
    • Fazilka
    • Faridkot
    • Malout
    • Rampura
    • Dabwali
    • Goniana
    • Kotkapura
    • Jaitu
    • Bhagta
    • Baja Khana
    • Mansa
    • Gidderbaha and other surrounding areas, some of which are among the richest cotton belt in the country.


FAST PACE OF REALTY DEVELOPMENT

Investments– both domestic and international are flowing in thick and fast. – The “ PEARLS BEST CITY WALK INFRASTRUCTURE (INDIA) PVT. LTD.” has launched one of the biggest commercial projects in Punjab with the proposed “ PEARLS BEST CITY WALK ” at Bathinda. The project is being constructed on a piece of land comprising of 4.5 Acres of land recently auctioned by Punjab Urban Development Authority, Bathinda for a price of Rs. 185 Crores which was awarded to our group in an open auction. The company has taken possession of this land ideally located on the Mall Road just near the Railway Station and having a very large / vide frontage on 2 roads i.e., Mall Road and Amrik Singh Road. This location happens to be just opposite the main business hub of the town and will be most convenient to every visitor. The project involves 6 lac sq.ft of built up area and it will have a Five Star Hotel, first of its kind 4 Screen Multiplex in the town alongwith a Shopping Mall including Anchor Store, Food Courts and hyper markets . It will have ample parking space for at least 1000 cars. The entire project will have a world class design by our eminent architects i.e., Singapore based - Team 3 (Principle Architect) and Delhi based - 4th Dimension (Indian Architect). Property prices too have started moving northward in anticipation. The extent of real estate investment potential in Bathinda is also evident from the fact that many other developers including “Ansals” have also launched a few commercial & housing projects in the town.