Factors driving the real estate in Jaipur

Jaipur Is considered to be the peaceful city of Rajasthan moreover the King of Rajasthan, the city has been gradually developing in such a way that every NRI investor or for say any investor wants to invest in Jaipur, also it has become a prior choice of people to live.

Jaipur : Not a running but yes a city with facilities, high pace of commercialization, Increased tourism and moreover the tradition attracts you more into it.

There are many growth drivers which can considered to be the drivers for growth of realestate in Jaipur.

Fast pace of construction and development:  The city has been increasing and developing with enormous speed, Malls, theaters, hospitals, schools, colleges and Universities, moreover the Metro which is off course a cherry on the cake above all. The development is on a spin and this high booming city is surely in the list of the “Becoming a Metro List”

High rate of tourism: The tourism rate of Jaipur has been increased in comparative to past, NRI has started to invest in Jaipur with high pace, seeing the tradition, culture and people the city seems to be a peaceful one in comparison.

Expansion of the City :  Jaipur is expanding with high speed in every area, the outskirts are also has become so developed in terms of shops, malls and other facilities, Jagatpura, Patrkar colony, Sanganer used to be the outskirt of the city but now has become the hubs.

City has Potential: Mahindra SEZ is one of the advantages of the jaipur wherein all big companies are working like GENPACT, PHONE SUPPORT, DUESTACHE BANK, INFOSYS ETC. It has increased the opportunities for youth in the city.  

Easy Investment: As the city is nearby Delhi people try and invest here, the returns on investment is surely high the city is developing with the high speed and moreover the DMIC is in the pipeline so it will surely increase the investment rates as a whole. It has 60:40 mix of the end users and investors respectively. The investment ratio is more than the consumption rate of the consumers in Jaipur. If we see the location attractiveness index then every area of Jaipur including the outskirts has been beautifully designed moreover enhancing in its own way. Mansarover which is considered to be the Asia largest colony has been only designed on three main roads which diversify the whole Mansarover in roots.

BRTS: (Bus rapid transit system) has been developing seeing the traffic of the city, the routes of the city will be categorized as per the North-South, East-West corridors.

DFC Dedicated Freight Corridor running through Jaipur: A 1483 Km long rail cooridor connecting Jawaharlal Nehru Port near Mumbai to Dadri near Delhi and will allow high connectivity.

• Central Jaipur  Major locations in Jaipur is C-Scheme, Civil Lines, MI Road, Bapu   Nagar, Adarsh Nagar.
• North Jaipur ; Major location in North Jaipur are Vidhayadhar Nagar, Sikar Road Bani Park.
• West Jaipur: Ajmer Road, Sirsi Road, Kalwar Road, Vaishali Nagar, Sodala, Vatika, Infotech city.
• South Jaipur: Major Locations: Tonk Road, Sitapura, Jagatpura, Raj Aangan, NRI     colony, Malviya Nagar, Milap Nagar Jai Ambe Colony, Durga Pura, Jagatpura, Jawahar Circle Garden, Mansarover, Patrakar Colony, Pratap Nagar, Sanganer, Tonk Road, Mahindra World City.

Why Jaipur City Offers Better Real Estate Sector Property Why Jaipur City Offers Better Real Estate Sector Property

Jaipur city has long traditional roots as an attractive tourist destination in terms of its apt environment of rich cultural heritage, impressive potential for business activity, world-famous for precious and semi-precious stone polishing units and host of other reasons to buffet the admirable success story. Lately, though the interest seems to have caught on in several other fields and areas like real estate whereby property in Jaipur prices have manifested healthy growth in response to Jaipur city's aspiration to metropolitan city status.

There are quite a number of specific reasons that encourage this attraction for real estate buyers and prominent realty firms to look at the city with bright future prospects. Among a few plausible and inferred others are;

Global Polishing of Precious and Semi-Precious Stones; this gives special interest in the city with its rich cultural attractions and heritage as well. There are inspirational crafts to boost the need to set up permanent partnerships or long term investment in commercial properties in Jaipur and share in the wealth creation potential.

Special Economic Zones and Industrial Units; there are also several manufacturing and industrial units coming up to boost the state and city's share of the manufacturing pie. This has opened the need for more housing units in the city which has created another avenue for realty firms to come and offer standardized residential units and properties. 

International and Regional Connectivity; having an international airport brings lots of exposure in terms of what can be done in the city and direct access and innovation are driven by the world-class standards. It's this marked potential that has evinced interest from renowned construction firms like Mangalam to come in and be the major constructive and quality residential apartments and units providers. The city's horizon incurs a miraculously different look compared to hardly ten years ago when few firms were visible. 

The Affordable Cost of Living and Job Prospects; when professionals pass out their immediate worries shift to work and earning decent incomes to back up their loved ones. The city's academic bodies have churned out professionals who find it easier to work and stay close to home for a higher saving potential. These increased the good job prospects and an ability to earn and save propels to dreams of owning a home faster. Home buyers are also driven to professional firms offering better payment terms with their earning capacity.

There is also an evolved character to Jaipur city's skyline owing to the fast changing demand and cost of commercial property in Jaipur which surely spurs other related activity in the business and residential property sector. Here, it’s worthwhile to note, especially the emergence of the mall culture, which offers unparalleled services to shoppers and leisure seekers a whole new experience in shopping and leisure activities like restaurants, game zones, beauty parlors, fast food courts and many other accompanying amusements in business and entertainment sphere.

This and many other reasons have pushed the renewed interest of capitalists who want to invest in Pink City for its potential and growth prospects are all looking upwards in the coming years both for commercial and residential properties.  The major constructions firms like Mangalam justify this fact with provision of affordable aspirational residential properties in Jaipur for those moving in here to adapt easily.