The land of cultural heritage, Jaipur, is flourishing with tourism and its upcoming educational projects.The city of Rajasthan is witnessing a boom in the real estate market. Due to more affordable investment options, Jaipur is slowly becoming a favourite destination for investors as compared to Delhi NCR. A well-planned city, with the wide roads, clean and peaceful environment, has lured people from other neighbouring areas to buy a residential property in Jaipur.
The royal city is estimated to be amongst the top ten megacities of future India. It has come up with promising IT projects, making it a prospective IT destination. The capital city of Rajasthan has also promoted several Indian and international MNCs setting up their branches.
However, several residential projects in Jaipur are flourishing with each passing day, and here we have created a list of top 5 areas where you can buy a residential property:
1) Ajmer Road
Owing to the infrastructural developments and integrated townships, Jaipur is pulling a lot of residential property investors from the neighbouring cities like Delhi, Gurgaon, Faridabad, Noida, Agra, Ajmer, etc. Buying a property in this area of the pink city is considered a smart investment, given the promising infrastructural development projects and the established exclusive economic zones. To know more about the apartments and other residential property rates in this area, visit a real estate website.
2) Tonk Road
Running parallel to the Jagatpura area in Jaipur, Tonk road is a viral site for investors. In this area, promising transport projects are lined up. This includes construction of ring road, which will eventually enhance the area’s connectivity to the city. This connectivity will improve the demand for residential units. Major attractions in this area are Chowki Dhani, Ranthambore Tiger Sanctuary and Sheetla Mata Mandir. All these features make Tonk road a good residential investment.
3) Sirsi Road
Located in the vicinity of Vaishali Nagar and Ajmer Road, Sirsi road is the next favourite destination for investors because of its infrastructural progress. One more advantage of investing in this area is its low property rates. Yes, Sirsi road is less popular and hence the prices of the land there are low, compared to the other posh areas but that doesn’t lessen its importance as being one good investment option.
Vrinda Gardens Emerging as one of the best real estate destinations in Jaipur, Jagatpura has proximity to Jaipur International Airport as well as the developing Sitapura Industrial area. The ring road and metro rail further boost this area’s land prices, making it a promising place to invest in residential projects. In the last two years, this area has maintained a good return rate.
5) Vaishali Nagar
Rangoli Gardens, Vaishali Nagar possesses all kinds of socio-infrastructural facilities and has quite a few multiplexes, malls, eating joints and other recreational centres for entertainment purpose. The area is located in the southwestern part of the pink city and has good connectivity with all nearby places . The area has been witnessing an excellent capital appreciation since past couple of years, owing to these positive points. This area is suitable both for residential and commercial investment.
Who doesn’t want to live in a peaceful area, close to their culture? If you are planning to buy a residential property in Jaipur, have a look at Ashiana housing website to know more about residential property in Jaipur. Their upcoming housing projects offer you world class facilities and are close to the places mentioned above. Log into their website to know more about properties in Jaipur.