Jaipur, also known as the Pink City, is one of the most famous tourist destinations of India. The city is popular for its old forts and gems/jewelry business, and is also one of the fastest growing business centres in North India. It is one of the most well planned cities in India and is located in close proximity to Delhi, as it is well connected by the Delhi-Jaipur highway. It has good connectivity with all major cities, through road, railways and airline.
A major trend in Jaipur’s real estate market is that people are shifting their preference from houses to residential apartments, primarily for security reasons. In recent times, the demand for residential apartments in Jaipur has grown manifolds. As the number of IT firms and business houses in the city are increasing, the city’s residential as well as commercial real estate market is flourishing like never before. With the number of new residential projects in Jaipur increasing constantly, the city is becoming a top notch real estate destination of the country. Continue reading
The real estate sector is one of the highly fragmented sectors with only some well organized players in the market. Most real estate developers have only local and regional presence, however, there are few with their wings spread all around. It is expected that in the next 10 years, the real estate market will reach to the maximum height as some of the top builders of the country are investing in Jaipur with a lot of value added facilities in their projects. The residential property in Jaipur is proving to be magical as it offers delightful outcome to the investors and they can be seen making a good amount of profit on their real estate investments.
Jaipur, the pink city of India, is one of the fastest developing cities of the country. The growth can clearly be seen in terms of infrastructure as well as economy of the city. This is one city that never fails to enthrall the visitors as well as the locals with its rich cultural heritage. And today, due to the noticeable rise in the income of people along with the availability of property at a reasonable cost, the real estate market here is flourishing in different areas. From well planned commercial places to residential apartments in Jaipur, nowadays various prominent builders are bringing different types of property in Jaipur. So, if you too are planning to invest in the city, it is important to know few important things before investing.
Check the overall infrastructure of the city. When you plan to invest in any particular city, it is quite essential to check the infrastructure of the city as a whole and not only the real estate part. Jaipur has some of the most beautiful parks and cultural centers. Moreover, roads are well maintained with garbage bins at every noon and corner. It also boasts for having top-notch schools, colleges, hospitals and community centres.
Residential Development in Jaipur
All sorts of properties are available in the city, but check your requirement prior investing. From villas to residential apartments, today, builders are coming up with several new projects in Jaipur. These builders construct apartments for distinctive limit and it is in your hand what to choose and where to invest. Though builders ensure 24X7 security along with providing basic needs like water and electricity supply, you need to check the details of the facilities provided.
Nature of Investment
If you are planning to shift in the city all the above points are very important, however, if you are looking for the investment prospective, you need to check the areas that will flourish in the upcoming years. There are various residential plots in Jaipur-Ajmer highway, which are expected to flourish in the coming years. Moreover, this is one of the areas that can fulfill all your requirements.