Posted on

Investing in Jaipur’s Real Estate Sector Is a Profitable Decision

Jaipur, the capital of Rajasthan, is flourishing at a rapid rate and is soon excepted to emerge as a megacity. The establishment of solar energy units and emergence of various automobile manufacturing companies and IT firms, has resulted in the significant industrial development of the city – this in turn has increased the employment opportunities. Improvement in the infrastructure and proximity to the national capital are main reasons for this development.

homes in jaipurThe real estate business in Jaipur has made a remarkable progress in the past decade. Today it is profitable for the investors to buy property in Jaipur. Builders have implemented innovative ideas, leading to the establishment of luxury houses in Jaipur. There are certain factors which have contributed to the real estate boom in Jaipur. Let us have a look at those factors. Continue reading “Investing in Jaipur’s Real Estate Sector Is a Profitable Decision”

Posted on

Excellent Time to Invest in Jaipur Real Estate

Jaipur is quickly turning into one of the most favored destinations for real estate, in India. It is emerging as the second-fastest developing town in the country. Good roads, as well as abundant air and rail connectivity to the national capital, Delhi, has made Jaipur one of the hottest tourist destination. It is also growing in popularity for its growing real estate market. (Ultram)
investment in jaipur In order to meet the future housing demands of IT sector employees, there have been some integrated townships developed by Jaipur real estate builders. There are various residential projects under way by a number of big and small real estate developers. Commercial real estate development is also a big attraction for investment in residential properties Jaipur.

Real estate experts believe that this is the best time to buy property in Jaipur. Most new developments are taking place in areas where IT companies have come up. Residential areas like Bapu Nagar, Civil Lines and Malviya Nagar are expensive to rent.

With every passing day there is an increase in the in infrastructural development and tourism of Jaipur. Another reason for Jaipur becoming a popular investment destination is the soon-to-be-functional metro. The development of Metro has not only improved the growth graph of the city, but has also had a positive influence in the city’s real estate.

Locations which fall on the metro stretch are more expensive than the suburban locations of the city. So, if you are middle class buyer searching for a property in Jaipur, then it might be a good idea to invest in the outskirts of Jaipur at a lower price and still enjoy the great connectivity of metro. A number of skyscrapers are coming up in the city. The cost of flats at Jaipur may start from Rs. 20 lac onwards, depending upon the location. The concept of villas in Jaipur, group housing societies, row houses and integrated townships, are already popular in this ancient town of palaces.

According to the recent developments, Jaipur is set to become an IT destination. Looking at the up-gradation of infrastructural facilities and due to the city taking on the mall culture, the ‘Pink City’ is surely turning into a hot investment destination.

Posted on

Future of Investment in Jaipur

Investing in real estate is one of the best bets as it offers higher returns as well as contains elevated appreciation value. However, the important question that arises here is whether to invest in a residential property or in a commercial property and which location should be chosen? You can buy property in Jaipur at very reasonable rates and can later sell it off.

Not only it is developing in terms of real estate, but the city is budding in other areas; for example, better roads, connectivity, and establishment of national and international companies, among others. The Delhi Mumbai Industrial Corridor is one of the most important development, people of Jaipur have seen. These factors makes the city the most preferred investment destination.

Future of Investment in Jaipur

Changing in the Overall Face of the City

Along with the Govt. of Japan, the state Govt. is developing the industrial part of the city, which will in return boost the property rates in future. Other important thing is the wide infrastructural development in the calm and peaceful surroundings. Also, the smooth linkage to other cities via highways, airports and railways make the commuting easy. Moreover, Jaipur will soon witness high property rates as soon the metro project will become fully operational. You can invest in houses in Jaipur considering these points, which will boost the rates speedily.

Luxurious Residential Properties in the Pink City

Today, various renowned builders are coming up with a wide range of apartments, villas, floor houses and flats. Jaipur has come up with all these promising property options, which will certainly see an appreciation in terms of finance. Moreover, Jaipur flats are constructed with proper planning and in accordance with the latest industrial norms. These flats have all kinds of luxurious facilities, including modular kitchen, wooden works, large balconies with sitting arrangements and spacious windows for proper ventilation.

Along with 24-hours water and electricity supply, the flats are equipped with fire alarms and have green surroundings. Park, activity area, proper parking space, community centre and gym centre are some of the additional features of the apartments in the city.

Above are some of the features and facilities available in the city, which are making it a perfect investment destination for one and all.

Posted on

Tips for Investing in a Property in Jaipur

When people think of investment, the first thing that strikes the mind is investing in a property. Over the past few years, a steady growth has been observed in the Jaipur residential property scenario and more and more people are willing to own houses in Jaipur. One should be extremely careful while making an investment in a property. When you plan to buy a flat at Jaipur, make sure you select a suitable location within your estimated budget. Here are a few tips for investing in a property in Jaipur:

Invest in Jaipur Property

  • When you plan to buy property in Jaipur, look out for the closeness of your flat/land to bus stands, schools, railway station, airport, parks, ring road, metro and shopping complex. Connectivity with all the above mentioned locations is of prime importance as this makes life easier. Apart from this, if you plan to rent your property or after some years you wish to sell off your property, you will get high price for your property.
  • While selecting a property, try choosing a locality that has a few VIPs living near the area. This will ensure that you will face less troubles related to water, electricity and drainage, to name but a few.
  • Another major factor that you should look out for is the security of the locality in which you plan to buy the property. Make sure that you are safe in the area and proper security measures are provided to you. Apart from this, also look for features like electricity backup, adequate parking space and availability of terrace.
  • When you plan to buy a flat, land or an apartment in Jaipur, always check that the property is approved by Jaipur Development Authority(JDA). Also make sure that there is transparency in all the paper work as you would be putting your hard earned money in the property.
  • If you are purchasing a property from a new developer, always check their record – do not go only by their catalogues. However, it is always a wise decision to opt for a renowned developer and Vatika Group is one such trusted name in the real estate market.
  • Take an idea about the developmental schemes of Jaipur Development Authority. You will have an added benefit if the schemes are nearby your locality.

By keeping the above tips in mind, you can invest in the best property in Jaipur!

Posted on

The Metro: Another Reason to Invest in Property in Jaipur

Easy mode of transport and communication is one of the main factors to consider when you decide to purchase a property. Jaipur has become one of the prime destinations for property investment recently due to various reasons. It is the fastest developing city in the country, it has a lovely landscape with good roads, it is clean and unpolluted, a capital city, a hub for hotels and resorts, a centre for business and so on. However, there is another reason for its growing popularity in property investment. This is because of the Metro.

Real estate developers feel that Jaipur is going to change with the advent of the metro. The Metro network project has been announced and it will be connecting several parts of the city. The trial run was conducted in 2013. By 2017, the Metro will be functional for the general public. With the announcement of the project itself, there was a rise in the demand for Jaipur Residential Properties. No doubt, after the completion, the property prices will rise more. So now is the best time to Buy Property in Jaipur.

Buy Residential Property in JaipurThe phase 1 of metro will be connecting some of the most well developed areas in Jaipur like Mansarovar, Vivek Vihar, Shyam Nagar, New Aatish Market, Civil Lines, Railway Station, Ram Nagar, Sindhi Camp. These areas are considered to be very expensive locations. Most middle class people cannot afford to buy Houses in Jaipur in these locations. But, the Metro will also be functional in other areas in the outskirts and suburban of Jaipur. These areas which were initially not accessible, will receive its connectivity to the main city via the Metro. So homes in Jaipur in the outskirts are a good option for investment now. The property rates in these areas are quite low presently.

Once the Metro becomes functional, it will be a great help for the commuters and their travelling time will considerably reduce. No doubt, the property rates in Jaipur is considerable cheaper now. More and more real estate developers like as Vatika Group are coming up with new projects in this city. (Tramadol) The Metro network in the coming three years will definitely make Jaipur have an edge over the expensive Delhi NCR market when it comes to investment in real estate sector. So if you want to invest, this is the right time.

Posted on

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.