Residential Plots in Jaipur: A Worthy Investment

Founded in 1727 by Maharaja Sawai Jai Singh II, Jaipur today has made a remarkable progress in the real estate sector. The city has a population of around 3.1 million, along with an infrastructure good enough to handle it. One of the most popular hot spots for tourism in India, Jaipur is divided into 6 sectors by broad streets. A network of streets having grids further divides the urban quarters.

Residential Plots in JaipurResidential plots in Jaipur-Ajmer Highway are currently a highlight in the state of Rajasthan. The highway offers better connectivity between the two cities. Skillfully designed, the townships on Jaipur-Ajmer highway are amply spacious and majestic in look. ( These include 2BHK, 3BHK and 4BHK flats, along with villas.
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Property in Jaipur: Offering Delightful Results to Investors

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.

residential property in jaipur
Continue reading “Property in Jaipur: Offering Delightful Results to Investors”

Things to Know Prior Investing in Jaipur’s Real Estate

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.

jaipur real estate

Overall Infrastructure

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.

Reasons To Invest In Real Estate In Jaipur

The capital city of Rajasthan, popularly known as the pink city, Jaipur is one of the rapidly growing cities of the country. Till now, the city was only known for beautiful heritage hotels and gems and jewellery business; but now you can see some amazing residential and commercial properties as well. As this is a planned city, it is quite an effortless task for the real estate builders to establish apartments and villas in Jaipur. There are various reasons of why real estate in Jaipur is flourishing in current times. Below are some of the reasons:

Investment in Jaipur

1. As Jaipur is a planned city, the foundation of the city has been positioned after vigilant planning and meticulous research. Therefore, even if loads of new project in Jaipur are established, you won’t find the city congested.

2. Another important reason to invest here are wide and smooth roads, clean and green environment, uncongested space and less pollution, unlike some of the major cities of India.

3. Additionally, many MNCs like Honda and Coca Cola are investing in the city, which increases employment opportunity for the people living in Jaipur.

4. The city is also known for world’s best schools, collages, hospitals and other basic amenities of life. Moreover, there are beautiful parks, community centres and shopping malls, which give people another reason to invest in properties. Jaipur is now here less than any other city of India, in terms of providing amenities.

5. The city has state-of-art infrastructure with top-class amenities like regular water and electricity supplies, proper security with CCTV and fire alarms in the residential as well as commercial properties.

6. The city offers easy and smooth connectivity to all the nearby big towns via road and railways, which makes travelling easy for the people.

Not only in the main city, residential plots in Jaipur Ajmer highway are also available with flats of different capacity ranging from 4 BHK to 1 BHK. Apart from BHKs, there are villas, penthouses, built-up floors and independent houses for people looking for a perfect dream home.

Several renowned real estate agents are investing in the city to provide high-class houses to the people living in Jaipur.

Why to Invest in Property in Jaipur-Ajmer Highway?

Jaipur has become one of the most popular investment hubs of the country after Gurgaon, Noida and other metro cities. One of the fastest growing areas of this city is the Jaipur Ajmer Highway, for which the demand for property is increasing in Jaipur. This highway stretch connecting Delhi, Jaipur, and Ajmer has become a hot spot for real estate.

Property Investment in Jaipur

Reasons to Invest in Jaipur Highway

  • One of the main reasons for its growing popularity is that the areas near the highway offer easy connectivity and accessibility. The highway area, though slightly in the outskirts of the main city, has been witnessing hectic development activities all the year round. The highway is strategically located close to some of the posh locations of Jaipur like as Chitrakoot, Vaishali Nagar, and Panchsheel.
  • The locations near the highway are also the target spots for proper development. Prominent real estate developers have announced a number of projects in the Jaipur-Ajmer Highway. If you want to purchase an apartment in Jaipur Highway or an independent house in Jaipur, this is the right time as the property rates are reasonably low as of now.
  • Jaipur is strategically located near to Gurgaon, Delhi and Ajmer. This is the main drive of people to invest in real estate.
  • The Jaipur-Ajmer expressway has led to the emergence of Peripheral Business Districts (PBD), which is gaining wide acceptance among investors, buyers, and end-users recently.
  • This is a six-lane highway.
  • A lot of IT/ITeS companies are setting up their offices in the nearby neighbourhood of the highway, like as Wipro, Infosys, Genpact etc.
  • The announcement of the Special Economic Zone (SEZ) projects by Infotech and Mahindra World City is another feather in the cap for the highway area.
  • Many new commercial projects are in the pipeline in the expressway.

Property values in Jaipur will escalate very soon. Prices of apartments in Jaipur will soon touch the peak. According to a report, the Jaipur-Ajmer highway express way is seeing growth in the demand for new residential projects by 25% in the past 6 months and prices have rose by 12-15% during the same period. A large number of real estate developers like as Vatika Group and others are offering premier flats, apartments and residential plots in Jaipur Ajmer Highway.

Clean and Well Maintained Jaipur’s Property Prices Rising

The Pink City, Jaipur forms one of the three constituents of the ‘Golden triangle’ – Delhi, Jaipur and Agra. It is today considered to be the fastest growing city in Northern India after Gurgaon. The city is known for its historical forts, monuments, handicrafts, jewellery and its scenic beauty. A popular and a favorite tourist destination of the country, this city is also making its mark in the real estate in recent years.

Graph of Property prices in Jaipur

Reasons for Popularity

  • There are a number of factors that are leading to a rise in the demand for properties and houses in Jaipur. Some of the most important ones are:
  • Clean city, less pollution, wide and improved roads, environmental friendly and close to Delhi.
  • Easily connectivity via roadways, airways and railways.
  • Major companies, brands, MNCs are coming here like as Honda, Infosys, Cisco, Wipro, HCL, Coca Cola, Mc Donalds etc.
  • Stable political scenario
  • The city boasts of the best 5 star hotels by the Taj group, Welcome group, Oberoi Group, including other heritage hotels.
  • Fast becoming a centre of quality education, healthcare and superb infrastructure
  • Better scope for businesses
  • Low cost of establishment

Property Prices Rising
Yes, the prices of Jaipur Residential Property are increasing. According to a report published in 2013, the per square feet (psf) price for buying Residential Properties in Jaipur was Rs. 2,989 which was a appreciation of 22% compared to the previous year when the psf price was Rs. 2,455. In 2014, the price is anywhere between Rs. 3000 to Rs. 3500 per square feet. Infact, certain localities have much higher rates. There has also been an increased demand for residential plots in Jaipur Ajmer Highway as these are now available at very cost effective rates but very soon the prices will increase.

Commercial and Residential Projects in Jaipur
One of the biggies in the real estate market, Vatika Group is developing a large number of Projects in Jaipur, both commercial and residential. These projects in Jaipur comprises houses, plots, row housing, condominiums, IT parks, recreational centres, shopping centres, hotels, malls and many other facilities. With a social environment conducive to economic growth and prosperity, Jaipur is projected to be India’s Mega City by 2025.