It will interesting to know about the developments and the views first hand from Punjabis. Let me start with a somewhat old news of a project in Amritsar by Trillium :
TRILIUM : A City Centre Development at Amritsar
Amritsar is home to the Golden Temple, the spiritual and cultural center of the Sikh religion. One of the fastest growing among the second-tier cities in India, it ranks amongst the top 10 wealthiest cities in India.
TRIL won an auction held by Punjab Urban Development Authority (PUDA) on 26th August 2008 for a 5.54 Acre plot in the heart of Amritsar city. The site is located at New Amritsar City Centre and TRIL is developing a city centre / retail destination on the same.
Project snap shots:
Large format family oriented city centre / Retail destination (0.7 Mn sft )
Mega project status
LEED compliant design
Professional Mall Management
Provision for100% power backup
State-of-the-art security system
Principal Architect – RTKL, USA
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I also recall of a Sikh Museum that was in the news quite a few years back...not sure if it's been completed?