Why to Invest in Real Estate Jaipur

The Pink City is turning gradually to a major real estate hub. Among tier II cities of India, the city of Jaipur is offering ample investment opportunities in real estate sector. This gradual surge of real estate market and property in Jaipur is due a number of notable aspects. This city is brought within the ambit of the National Capital Region of Delhi. The areas such as Bhiwadi, which lies on the way to Delhi to Jaipur is already blooming with large scale development of industries and multinational companies. Owning to its proximity to Delhi, Jaipur real estate has faced multiple facets of infrastructure development in recent times. Large multinationals has developed their bases in this city opening up huge earning opportunities. This has triggered large residential development within the city as well as on its outskirts. The lucrative aspect about buying a home in Jaipur is the affordable price compared to areas in Gurgaon. However, the property price in Jaipur is expected to rise in recent times. The high time to buy residential properties in Jaipur real estate property is now, since the boom is just beginning.

The value of commercial as well as residential projects in Jaipur is about to rise due to the current investment in infrastructure. Development includes the upcoming metro railway project, the construction of National Highway 11 and the central Ring Road. The newly constructed metro railway corridor is likely to bring huge surges in real estate development in areas such as Shyam Nagar, Vivek Vihar and Mansarovar. Some of the best properties in Jaipur are in these areas. In fact property value in these areas has already raised by 50% and more growth in expected. As the market area in Jaipur is already a congested space, not much of real estate development is visible in such central areas.

However, large scale construction in housing sector comprising of huge residential apartments and townships are coming up in the outskirts of the city. The concentration of most of real estate Jaipur are by the side of the national highway 11. A quality construction and delivery of projects in time is ensured by prestigious developer and builders such as Ansal Group, The Vatika Group, Omaxe and other such national players. In addition, the local players has contributed large in the residential infrastructure of the city. The Ring Road area is an emerging real estate hub in the city. It has a radius of 147 kilometers and residential estates are looming across it.