Bright Investment Opportunities For The Pink City: Real Estate In Jaipur

By Author: Suraj Deshpande
Total Articles: 15
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If you know about India or have visited the country, you would have most likely been to the pink city, Jaipur. It the hub of tourism thanks to the centuries of history it holds, from Rajputs to Mughals and the British all have left their mark here. And this city is often associated more with Hawa Mahal, gems, and jewelry with stories of gallant kings and their forts. But now, it is also a city that can be considered from an investment perspective.

Yes, this tourist spot is now a fast gaining real estate market, in fact, located about 258 kms from Delhi, it is one of the most credible and lucrative spaces to buy property. The best part is that real estate in Jaipur is creating name for itself thanks to the planner layout and exceptional architecture. Not to mention the richness of minerals like zinc and copper. So not only are there numerous job opportunities but also viable for business.

One of the major industrial hubs, the Rajasthan Industrial Corporation, located in Sitapur is a state-of-the-art planner IT park and has excellent ...
... connectivity with Jaipur. In addition to this, the brands that gave a facelift to Gurgaon and Vadodara real estate have now shifted focus to Jaipur. Following up with them are IT companies like Infosys and Wipro that are soon expected to set shop in this city.

The best part is, to support the entire infrastructure; reputed developers like Parsavnath, Ansals, and Omaxe have plans of developing integrated townships with world-class housing. And with added incentives by the government like allowing 100% private investment there is sure to be a boom in property rates soon.

Just like Thrissur real estate, currently, Jaipur properties are available at affordable rates. The expected appreciation of Jaipur real estate is a huge attraction for investors within and outside the country. The prices for land are between 175 to 1000 US dollars per square yard, as compared to Gurgaon which is 800 to 1,400 US dollars per square yard. With affordable rates, it would be great to know that development of large-scale self-contained integrated townships that is full with amenities are coming up in Jaipur. You may find that the residential and commercial places include shopping complexes, a 50-acre IT park, five-star hotels, medical facilities, educational establishments, and recreational facilities. And this definitely makes for a great investment opportunity.

High return for rentals, great for investment and future as well as secure environment backed with strong infrastructure make Jaipur one of the most attractive investment options among Tier-II Indian cities.