The REAL ESTATE in Jaipur is witnessing an unrelenting boost in prices for various reasons.
Its close proximity to Delhi & the National Capital Region (NCR) – considered the epicenter of growth is one of the credible factors for the corporate sectors including foreign investors eying Jaipur as a possible hub in the face of growing congestion in the metros.
The low property prices in the booming Jaipur property market in comparison to adjacent metro cities is another significant factor capturing attention of investors.
The state government is taking initiatives like strengthening infrastructure and promoting IT & ITES policy in the city, which is considered the most comprehensive way of redefining financial growth.
As IT and BPO industry continue to flock into the city, there has also been an inflow of large workforce, creating a dearth of residential spaces in the city.
Properties in Jaipur are really giving Magical result to the investors and people are making good profits on their Investment. As we seen the property rates for Lands have been doubled in just a span of 3 years for normal areas, whereas in some cases it become double in 1-2 years
It is the fastest growing city in Northern India, embellished with wide & improved roads, cleanliness everywhere, lower level of encroachments, and beautified by landscaping & tree plantations, development of gardens, parks and water parks.
In last five years Jaipur has shown remarkable development in every field, whether it is technology, business, infrastructure, education, science, research or tourism etc. It has become one of the major commercial centers in India. Jaipur is very famous for its heritage and natural beauty. People seem to be very interested in buying property in Jaipur.
Key features making Jaipur preferred investment destination
Eleventh largest city in India with a population of 3.0 million. Highest population growth among tier two cities (49% for decade 91-2001) Destined to become a Mega City by 2025 with a population of 10 million persons encompassing over an area of about 800 sq km.
Capital of the largest state of India, Rajasthan
Availability of international airport, with flights to all major destinations in India and abroad
Counter magnet to New Delhi, the capital of India
Hub of domestic and foreign tourist, with almost 80% of foreign tourist coming to India, visits Rajasthan via Jaipur
Great center of exports. Largest center for export of colored gemstones, sterling silver jewellery, handicrafts, carpets, apparel, traditional footwear, marble & stone artifacts, engineering goods, etc.
Special Economic Zone (SEZ) joint venture by Mahindra & Mahindra with RIICO on 3000 bighas of land
Fast emerging health care destination, with Medicity of Reliance Group in the pipeline
Emerging IT/ITES destination, with major players like Genpact, Infosys Progeon, etc. already present in the city
Located on Golden Quadrilateral which is proposed to be upgraded as & National Express Way
Fast emerging education center and boasts of a developed infrastructure
Excellent law and order situation, with stable political scenario
Low Establishment Cost
Shooting Range, Archery and Equestrian Complex (OSEAN)
Bus Rapid Transit System (BRTS)
Various Rail Overbridges including Jagatpura & Hasanpura
Various Foot Overbridges & Under-passes
Area Traffic Control System
Traffic Park & high profile Ring Road
Anil Ambani’s Mega City Dev Plans & Hero Honda’s Rs 700 crore plant
Knowledge Corridor, Sports City at Achrol
5 star hotels likes of Taj, Hyatt, Radisson, & Hilton
New Parking Policy
Night Beautification Project
Beautification & Widening of Roads
Sewerage Treatment Plant
Development of 40 km. long Amanishah Nalah on lines of Smriti Van