Real Estate

Jammu district is spread over an area of 3097 km² and has a population of about 15.9 lakhs as per the census of 2011. It also has a floating army population of around 4 lac and a refugee population of around 9 lac. It is second largest populated district of the state and second largest in terms of population density and falls under the category 'b'. Jammu, the city of temples and the winter capital of jammu & kashmir, is located on both the banks of the river tawi. The old city is confined to the right bank and the later expansions of the city (new jammu) have largely taken place on the left bank of the river. Large scale urbanization and industrialization has given rise to what is called now greater jammu, the name given to old, new and the suburbs of jammu.

Jammu is linked with other parts of the country by rail, road and air. Jammu is the northern most railway head and is well connected to all state capitals of india by rail. It is connected to srinagar, leh, chandigarh and delhi by air. The city is well connected by roads with all parts of j & k as well as with other major cities/towns of punjab and himachal pradesh. Due to its locational advantage, jammu assumes importance on the linkage corridor to salal project, rajouri, poonch, kishtwar, doda and serves as the gateway to kashmir valley.

It is the most important entry point to j & k state and city serves as a transit camp for the tourists of the valley and yatris of vaishno devi and amarnath. The tourist traffic to valley during past years had suffered due to disturbances in the valley. On the other hand with renovation of vaishno devi shrine and development of road to katra, number of tourists to shrine had touched the peak of 74 lakhs during the year 2007. Similarly over 3 lakh yatris visited the amarnath cave in 2007. Influx of yatris to vaishno devi continues in all months of the years, however, for amarnathyatra, peak season is during july to september. During peak period, jammu accommodates about 40,000 to 50,000 yatries per day at present.

With increase of number of yatries/tourists, hotels have mushroomed in jammu. These hotels, lodges and dharamsalas in the old city and railway station, provide accommodation of 33,991 beds for peak daily traffic of 40, 000 tourists in jammu at present. To cope with the increasing influx of tourists in jammu, infrastructure development assumes significance. These include addition of accommodation facilities for tourists of different income categories; improvement of transportation; provision of organized recreational facilities for tourists and efficient tourist information, including advance booking facilities for transport and accommodation.

The government of jammu and kashmir is taking initiatives to bring improvements in the state’s infrastructure and to create an improved security environment. Under major infrastructure development, industrial estates are being developed to ensure availability of space for upcoming industries and encouragement of better network of roads. Also, the upgradation work of the jammu-srinagar highway is in progress. Investments are also encouraged to develop more urban facilities in the capitals of srinagar and jammu.

Rehabilitation of existing infrastructure facilities will also be taken care of with the help of a project named as ‘the multi-sector project for infrastructure rehabilitation in jammu and kashmir (j&k) in india’, which envisages to re-construct about 1500 km of roads and 80 bridges damaged over the past fifteen years, located in 14 districts of the state.

• Jammu one:
  1,20,000 st ft. Of prime commercial space in the heart of jammu at b.c. Road.
• Canal one:
  Situated on the main link between canal and the aknoor road, canal one offers around 80,000 sq ft of mixed development in its first phase.
• 4ac – gandhi nagar:
  16000 sq ft of prime commercial development in the upmarket gandhi nagar area. The plot is on the main road and should be ready for procession by mid 2013.
• Flats at 3ad gandhi nagar:
  8 ultra luxurious designer floors are being developed in the most luxurious settings on elite gandhi nagar area of jammu city.