Luxury Residential Apartments: New Attraction in Jaipur

With all the landmarks and important places nearby, a location near the heart of the city would be perfect to establish a residential area. People who intend to buy residential property in Jaipur have been expecting the same for many years. Residential plots in Jaipur have today developed into luxury housing societies. Besides basic amenities, these luxury apartments offer many other facilities such as a beautiful view of the city from balconies, classy designs, and a congenial neighborhood. Such facilities are attracting more and more people to these residential areas.
Let us have a look at some superb features of these apartments.

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Residential Plots in Jaipur: A Worthy Investment

Founded in 1727 by Maharaja Sawai Jai Singh II, Jaipur today has made a remarkable progress in the real estate sector. The city has a population of around 3.1 million, along with an infrastructure good enough to handle it. One of the most popular hot spots for tourism in India, Jaipur is divided into 6 sectors by broad streets. A network of streets having grids further divides the urban quarters.

Residential Plots in JaipurResidential plots in Jaipur-Ajmer Highway are currently a highlight in the state of Rajasthan. The highway offers better connectivity between the two cities. Skillfully designed, the townships on Jaipur-Ajmer highway are amply spacious and majestic in look. (curlygirldesign.com) These include 2BHK, 3BHK and 4BHK flats, along with villas.
Continue reading “Residential Plots in Jaipur: A Worthy Investment”

Residential Property in Jaipur: Perfect for NRIs

Since last few years, the real estate sector has shown a marvelous growth, not just in metro cities, but also in smaller cities like Jaipur. Investing in the real estate sector is quite in-demand owing to better appreciation rates and periodical returns on investment in India. Also, investing in residential property in Jaipur is quite reasonable as well as lucrative for NRIs. The city, Jaipur has a lot to offer to NRIs as they can conveniently find a wide variety of properties, including villas, penthouse and flats at Jaipur.

flats in jaipurAlong with excellent infrastructure and tremendous development, the city also offers friendly real estate investment policies for NRIs. The provision of relaxed RBI and Foreign Exchange Management Act rules and regulations for NRIs, make invest in the city a convenient option for the NRIs. NRIs holding Indian passports don’t require any permission; where as NRIs with foreign passports only need to notify to RBI via form IPI – 7 within 90 days. In recent times, many builders have come up with different real estate projects that include luxury apartment in Jaipur Highway, which makes investing in the city perfect for non-resident Indians.

In addition to the above factors, there are few other reasons that act as a brilliant booster for investing in the city. Today, builders are bringing-in theme based housing in Jaipur. Flats are built on a totally new and innovative pattern, keeping in mind the needs of the investors. Furthermore, this is a perfect city for NRIs who are planning for a long-term investment in India.

Development can be seen clearly as Jaipur showcases one of the most advanced infrastructures, that includes various highways, upcoming metro rails and much more. These factors in due course of time will certainly increase the property rates. Expansion of multinational companies in the city is another factor that will help in increasing the price of the properties here.

Stated above are some of the reasons that make the city perfect for investment. Also, it is very convenient for Indian residents as well as non-resident Indians to invest here. So, if you are planning to invest in India, Jaipur has various options to invest in like flats, penthouse and floor houses in Jaipur.

Jaipur Properties: Providing a Luxurious Lifestyle

Jaipur, the promising real estate destination has attracted the attention of several property buyers and investors. Investing in a residential property in Jaipur is undoubtedly a great decision. Jaipur plots are strategically located and are well-planned, which ensures every resident a luxurious and comfortable lifestyle. Let us have a look at why investing in a residential property in Jaipur is beneficial.

luxurious lifestyle

  • Economically priced: Price of properties in other cites has touched the sky, but Jaipur properties are still priced economically. It is the dream of every common man to own a house. Jaipur’s property rates are a huge attraction for Indian as well as foreign investors and buyers.
  • Returns on investment is high: Various factors contribute in the pink city’s captivating investment options. Along with providing numerous affordable options, the city is one of the most preferred options for investment purposes. The high returns on investment, high rentals, developing infrastructure and serene environment are some of the major factors that have contributed immensely in making Jaipur a great investment option.
  • Emerging IT hub: After Gurgaon, major IT companies are now planning to set up their bases in the pink city. It is expected that in no mater of time, Jaipur will emerge as a major IT hub. What better can it get than staying in a home that is extremely near to your office? By choosing a residential flat in Jaipur near your office, you can save your traveling time and money.
  • Liberal policies of the Government: The liberal policies of the government are one of the major factors that have contributed immensely in the city’s elevation in the field of real estate. These moderate policies are further thrusting the economical and infrastructural development of the city.
  • Unified townships and projects: Many investors from all across the globe are getting attracted to Jaipur due to the development of various townships. Infotech City, Jaipur is one of the well-developed projects that offer both comfort and luxury to the residents. The residents can enjoy various benefits like 24 hours water supply, electricity backup, playground for kids, lifts, gymnasium and spacious parking lot, to name just a few.

If you are willing to invest in a property, make sure you consider the option of investing in a Jaipur property as it will certainly provide you numerous benefits.

Buying a Property in Jaipur? Some Guiding Tips to Help You Make the Best Choice

The Pink city, a major tourist destination, known for its heritage sites, forts, handicrafts, jewelleries, traditional rich culture, has fast emerging as India’s leading investment destination hub after Gurgaon, Noida, Pune. The well planned city , the wide roads, clean and peaceful city, Jaipur has lured people of other neighbouring areas to buy properties here as investment.

profit to buy property in jaipur

We give below some essential guiding tips for property investment in Jaipur

  • Residential plot or apartment: The most lucrative sector as of now is the Jaipur Highway, which connects Jaipur with Delhi. The world class expressway, which is under construction, will be completed by June 2015. Many renowned real estate developers like Vatika Group are coming up with many projects along the highways. If you are planning to invest, then this is the best time. You can opt for buying a residential plot in Jaipur, which would cost less than an apartment in Jaipur Highway, at present. Once the expressway is completed, the residential property prices will rise. Residential plots on the highway or the integrated townships coming along the highway are better options.
  • Selecting a developer: Many small and new developers are emerging in the Jaipur real estate sector. It is to be noted that projects being developed by a new builder or an unknown builder are prone to delays in completion, though their offers will be comparatively cheaper. Investors or customers should always pay a little premium but should opt for a branded or reputed developer who will ensure the project is executed or completed on time and you know that your money is in safe hands.
  • Absorption: Jaipur is fast growing in the likes of Gurgaon but it has not reached that stage yet. The areas like the outskirts of Jaipur or the expressway have large inventories and absorption could continue to slow down. In areas with low absorption rate, residential properties are less costly. Hence these are suitable for long term investors, who can wait for 5-10 years. You should investment in property in such areas only if you do not have any plans to sell off the property immediately.
  • Specification: Look for areas that are adjacent to an open public park or greenery around because when buildings and townships grow tall, it becomes difficult to find large open spaces, which is the case in Gurgaon or Noida now. In Jaipur, there are still lot of open spaces available. So when you buy a property, make sure that your area has some space around it, so that there is no question of over crowdedness.