The saturation of the real estate markets of Gurgaon and Delhi has pushed the realty investors towards Tier-II cities like Jaipur. Riding on the back of rapid vertical growth, infrastructural overhaul, and expanding metro network, Ajmer Road, Agra Road and Sikar Road in Jaipur are emerging as hot spots of plotted developments.
Owing to its immense tourism potential and seamless connectivity with the national capital New Delhi, Jaipur has witnessed a heightened real estate boom in recent years. Be it preference for the residential apartments or affinity towards plotted development, Jaipur presents a host of investment opportunities to the investors with promising rates of returns.
The presence of world class social amenities such as leading schools, hospitals and malls in nearby areas such as Vidhyadhar Nagar, Vaishali Nagar and Jhotwara have given further philip to the real estate growth of this region.
The rise of Jagatpura from a peripheral town to a promising real estate hub has been phenomenal. Covering a large area including Malviya Nagar, Model Town, Sitapura Industrial Area, Mahal Road, NRI Colony and Pratap Nagar among others, it is one of the fastest developing areas of Jaipur.
The primary pull factors behind the real estate growth of the Jagatpura area are its easy connectivity with commercial establishments on Tonk Road, upcoming Ring Road, Vatika Road and relative proximity with Jaipur International Airport (7 km). The commercial establishments, restaurants and retail malls in Malviya Nagar are the icings on the cake.
Ajmer Road
Ajmer road has evolved into a popular destination for residential plotted developments. The presence of Mahindra Special Economic Zone (SEZ) has squarely boosted the real estate prospects of the entire region. In addition to the SEZ, Ajmer Road boasts of having a slew of leading schools, higher educational colleges and leading hospitals.
Apart from seamless connectivity with the mainland Jaipur, it is directly connected to the Jaipur Delhi Highway (NH 48) via a 200 ft bypass. The development of Ring Road will connect Ajmer Road with Agra Road and Jaipur-Kota Road in near future.
Agra Road
Jaipur Agra Road is an upcoming plotted development corridor of Jaipur. With residential development along Agra Road picking up the pace, investors are paying an all-time high attention towards plotted developments on the stretch.With seamless connectivity with satellite towns of Dausa, Bassi, Bandikui and Sikandra, Agra road is the lifeline for the population commuting to Jaipur for employment purposes. With the development of higher educational institutions and commercial development along the road, prices of residential plots are on an upward spiral.
Tonk Road
Looking for a posh neighbourhood? Your search ends at Tonk Road. This clean, green residential colony sits only a few kilometres from the Jaipur airport, Sitapura Industrial Area, and the Gandhinagar Jaipur Railway Station.
It also boasts some of the best medical facilities like Narayana Hospital, Bombay Hospital and Mahatma Gandhi Hospital. A primarily residential neighbourhood, Tonk Road is an excellent real estate opportunity if you’re investing in Jaipur.
Malviya Nagar
An upcoming locality in South Jaipur, Malviya Nagar, sits only 10 minutes from Terminal 2 of the city’s airport. It boasts proximity to two of the largest corporate zones in the city, namely, the World Trade Park and Genpact.
Due to this, Malviya Nagar has several commercial and residential projects with an average price tag of 1.42 crores. It is a lively neighbourhood where you can find top-notch rental properties in Jaipur or houses to own.
Mansarovar
One of the most popular areas for families, Mansarovar is a massive residential colony of Jaipur. It offers modern lifestyle homes that replicate the style of housing townships in metros. This locality boasts seamless metro connectivity and access to some of the best schools and hospitals in the city.
All this at pocket-friendly prices, as the average price in this locality is around 50 lakhs, making it a place for top property investments in Jaipur.
Vaishali Nagar
A wealthy neighbourhood, Vaishali Nagar offers selective residential property investments in Jaipur. This suburb boasts several upscale fine-dining places and other entertainment venues. It is a large area with several colonies within it. So, whether you purchase a property in Pratap Nagar or Hanuman Nagar, they all fall in Vaishali Nagar.
Since this is a vast locality, you’ll find all types of properties with different price tags. From apartments to independent houses, you can take your pick.
C-Scheme
Popular within Jaipur’s elite, C-Scheme is one of the best places to invest in Jaipur if you’re looking for a luxurious abode. Even though this area is nestled away in the heart of Jaipur, it boasts plenty of tree-lined streets and greenery.
However, being one of the city’s top areas, houses here come with a heavy price tag. The property prices here can be exorbitant, but nothing that a home loan from a reputed lending institution or NBFC can’t help you with.
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