INVESTING IN JAIPUR

Jaipur is becoming one of the hot spots for investors as well as major construction groups in India. It is often viewed as an alternative to Gurgaon and it is anticipated as one of the ten mega cities of future, in India. There are various reasons that attract people towards property in Jaipur. One of the major attractions is the beauty of this heritage city.

Other Features for Real Estate growth in Jaipur:

• Popular domestic and foreign tourist destination

• Unique destination for the sale of Gems & Jewels

• Vast employment opportunities.

• Combination of the modern environment and the peaceful atmosphere

• Destined to become a Mega City by 2025 with a population of 10 million persons encompassing over an area of about 800 Sq Km. 

• Connectivity with Delhi & also with all the major cities of country through all mediums of transports i.e. Road, Railway & Airline & also Availability of International Air Port.

• Special Economic Zone (SEZ) by Mahindra & Mahindra with RIICO joint venture on 3000 bighas of land.

• Health care destination.

• Fastest emerging IT destination & education center.

• Located on Golden Quadrilateral which is proposed to be upgraded as & National Express Way.

• Excellent law and order situation.

• Developed infrastructure- Most planned city.

GROWTH DRIVERS

The IT wave in Jaipur is termed by the industry experts as breakthrough for Jaipur real estate. Being strategically located at 3-4 hrs drive from Delhi on Delhi-Mumbai Highway, Jaipur has a well laid out transport network which offers connectivity via all means of transportation, and the upcoming metro link would be an added benefit.

FUTURE PROSPECTS

According to media reports, Jaipur is among fastest growing Tier II cities in the country. Jaipur Development Authority (JDA) has collected revenue of more than Rs 1,000 crores during 2008-09. Further, the rise in Jaipur Real Estate is estimated at a significant 10 to 15 per cent per year. Nowadays the saying is, ‘home is where the cash flow is’ and in Jaipur one can find both.