Hot Demand For Flats In Jaipur

By Author: Suraj Deshpande
Total Articles: 15
Comment this article

Home is where you spend your time relaxing, unwinding and catching up with family. This place has memories and moments shared with siblings, parents, children and friends.

However, with property rates rising by 200% in the last few years in India, owning a homestead may remain a dream for many, especially if you are looking for a good flat in Mumbai.

The silver lining on the cloud is that not only metros offer quality housing; even other cities and towns in India are coming up with exceptional properties. A classic example of this would be the Pink City and capital of Rajasthan, Jaipur.

The state of Rajasthan has always been a visitor's delight due to its rich cultural heritage. Jaipur features amongst its most famous cities, thanks to the gigantic palaces and an ambience fit for royalty. The city is also commercially viable; the last few yearshave seen IT/ITES companies shifting base here because of affordable cost of labor.

It emerged at second position as the fastest growing town in India, so flats in Jaipur ...
... are in demand currently. Industry experts are stating that this is the right time to invest in real estate in this city. Thus, it is not surprising that a host of popular real estate corporate housesare contributing to developments the city. These include Mahima, Ansals, Vatika Housing, Parsvnath Builders and a few other big names that are creating quality residential and commercial places in Jaipur.

The price range of flats in this city is not hiked, unlike flats in Chennai. You may find a one BHK house costingbetween 10 to 25 lakhs. This rate is ideal for someone looking at a fast-paced city culture nestled in peaceful surroundings.

While the Old Jaipur or Walled City has always been the hub for settlement, new locations like LalKothi, Mansarovar, C-Scheme, Ashok Nagar, Vidhyadhar Nagar and Vaishali Nagar are coming up, too. Looking at the growing economy of Rajasthan, the government has now removed the 30m building height cap. This means that there will be more high-rise buildings with one BHK flats in the city. This may lead to reduced real-estate prices, along with better properties available for purchase.

If you are looking at either shifting base or making a property investment then now is the right time to pool your money in the city of Jaipur.