Also known as the “Pink City”, Jaipur is emerging as one of the top destinations for investing in real estate. This magnificent city has a booming tourism sector, as it witnesses the bulk of tourists from all nooks and crannies of the world. Lower levels of violation, cleanliness, development of water parks and gardens are some of the reasons people choose Jaipur for real estate investment.
Best Time to Invest in the Real Estate Market
According to real estate expert developers, this is the best time to invest in the real estate market. The vast majority of developments are occurring in areas where IT companies have established their roots. Some areas like Civil Lines, Malviya Nagar, and Bapu Nagar are quite expensive in terms of rent. Jaipur has caught the attention of some of the big names in real estate development and investors. When it comes to choosing an area for real estate investing, there are some things you should keep in mind when making your choice.
Why Jaipur Has Become A Preferred Destination For Investing In Real Estate?
Let’s find out why Jaipur has become a preferred destination for investing in real estate among property developers and investors. A middle-class family also can buy their own 2 BHK flats in Jagatpura Jaipur, as it is very affordable as compare to other cities.
Connectivity of Jaipur
Connectivity in Jaipur – As a planned city, Jaipur is well connected via various modes of transport, such as air, road, and rail with the upcoming Delhi-Jaipur Express highway, which is expected to become the adjacent link to the NCR (region of the national capital). Besides, the proposed Gurgaon-Jaipur superhighway is another major infrastructural development that will help to significantly reduce the travel time between two major cities. Located on the NH8 (National Highway 8), the journey from Jaipur City to the National Capital takes 3-4 hours. And this is the reason why large and small real estate developers choose Jaipur for its development.
IT Hubs – Many IT giants are expressing interest in Tier II and III cities for rapid development. Some of the well-established shopping malls, for example, Ajmer Road, are located near train stations and bus stops.
Residential Projects in Jaipur – Some of the major reasons that magnetized investors and end-users to invest in residential projects in Jaipur are as follows:
- Rapidly growing infrastructure
- Reduced prices in property
- Great ROIs (returns on investments)
- Attractive rental incomes
Reads More: Why Commercial Locksmiths are Considered Important?
Amenities nearby Residential Flats in Jagatpura
Jaipur is a splendid city filled with renowned schools, luxury shopping malls and resorts, chic five-star hotels, and leisure centers. All of these complement the diverse needs of home buyers looking to invest their hard-earned money in their dream home.
Modern Life Style in Jaipur
There are many chic and independent incorporated townships in Jaipur which assure investors a modern life that will be on par with the metropolises. Also, developers build villas, townhouses, and group apartments. Some high-potential residential areas include Vaishali Nagar, Jagatpura, and many more.
What are the Best 7 Locations for Real Estate Investment in Jaipur?
Jaipur is an assortment of affluent historical heritage and novelty. People are starting to call the “pink city” their only home. This has benefited individuals looking to invest in real estate and enjoy great returns. From a business perspective, the city has witnessed a global transformation in recent years.
There are some of the best living areas in this emerging city where you can expect to buy your dream home.
- Ajmer Road
- Vaishali Nagar
- Tonk Road
- Sirsi Road
- Mahindra SEZ
Why Jagatpura is a Perfect Location for Middle-Class Family?
The southern part of Jaipur has become one of the most amazing and sought-after housing areas. Thanks to the rapid development of infrastructure! For this reason, many well-known builders not only from Jaipur but across the country are offering lavish and stylish 2 or 3 BHK Flats in Jagatpura Jaipur at very affordable prices. Plus, the rates for these properties are reasonable, so you don’t have to think twice about investing in real estate in Jaipur. Efficient public transport provides excellent connectivity with the city.