Amritsar is currently witnessing rapid urban growth. Government of India and Government of Punjab have unveiled a Rs. 3,150 Crore plan to modernize Amritsar. Money from the plan would fund construction of roads, water and sewage management, and a mass Rapid transit system. Amritsar has witnessed a spurt in high-end residential property and multiplex development, courtesy the government’s decision to set up a special economic zone there.Leading property developers from north India have lined up a series of townships comprising of villas, luxury apartments, service apartments and penthouses. About a dozen malls are also in various phases of completion. A new city Convention Centre has been planned (as of October 2007), as are four 5-star hotels by the Radisson group (set to open by October 2008), the Taj group of hotels, the Holiday Inn Group and the Marriott group.New localities like Sahej enclave are set up by Puda for the Elite in town. Amritsar lately has become hub for medicare for North India. To protect Amritsar's historical and religious heritage, part of the new budget is dedicated to the preservation of religious shrines in the city