The city of Karnal has emerged as one of the most prominent sources of urban property development. The city has emerged as one of the most prominent new options for property development and rentals. There is a high demand for flats and room for rent in Karnal in the year 2015. The city has been known to be a major centre for rice production and therefore for some it might come as a surprise that it has emerged as one of the most prominent new hubs of residential properties. But there is a reason why the city has emerged as a hot destination for sales and rental of houses. The government has supported the rise of the real estate business in the city to ensure that the location of the city is capitalized on. The overall growth in demand for housing here has emerged as one of the most prominent new options for property investment. Therefore all those interested in the city of Karnal should know the following five things about the city:
Rice Capital
The city of Karnal is the biggest producer of rice in the country. It is a surprise that such a small territory can be the biggest producer of the grain but it is because of the evolved technology and the use of extensive modern research that has gone into the production of rice. The city is known to be one of the biggest producers of rice in the country as a result. The production has increased over the years and some of the biggest and the best known brands in the rice business have their industrial units established here.
Property Hub
The city is a modern hub of housing. The government has supported the growth of residential property in the city and Karnal boasts of modern apartments as well as residential townships in the city. The overall growth in demand for housing here has increased in the year 2015 after the market conditions have improved after almost half a decade. The overall growth in demand for property for sale as well as rentals has increased. This is the reason why there is such a high demand for room on rent in Karnal as well.
Counter Magnet
The city of Karnal is being developed as a counter magnet to Delhi NCR. The city has emerged as one of the most prominent new centres of urban property development and that is being done to draw away crowds from the Delhi NCR region. The location of the city is conducive where accessibility is concerned. It lies almost midway between Delhi and Chandigarh and is accessible via the best road connectivity in the region. This has also led to the rise in demand for housing and room on rent in Karnal, a demand that would continue to grow over time.
Research Hub
The city of Karnal has emerged as a prominent hub of research. The city boasts of the Rice Research Institute whose contributions have assisted in the increased rice production in the city. The presence of the research institute has attracted many more.
Home of Kalpana Chawla
Not a lot of people would know about the city of Karnal being the home to astronaut Kalpana Chawla. She grew up here before she moved to the US.