History is a proof that Jaipur has always been the location for Kings because of the prosperity, wealth and heritage that the city has. Its infrastructure, best laid out roads, etc. has always been the centre of attraction. Now even the new developers are taking the step forward and bringing the new face of Jaipur by building apartments, residential flats, commercial zones, villas, etc.
Many recent and upcoming developments are taking place in the city from which most of the people are getting attracted towards Jaipur and as a result, real estate in Jaipur is in high demand. At some point in time, areas like Chitrakoot, Vaishali Nagar, Jagatpura, Malviya Nagar etc. used to be the suburban areas and now they have become popular places for investors. If you are the NRI and looking for some investment, there are many factors that will help you to take the right decision.
Jaipur is known the best for its hospitality and some of the hotels like Radisson, Mariott, Ibis, Lemon Tree, etc. and the hospitals like Mahaveer Cancer Hospital, Fortis, etc. As a result, people from areas like Pratap Nagar, Malviya Nagar, and other neighboring areas are hiring construction company in Jaipur as they are getting developed as a residential area.
Transport & Commutation
There are many initiatives like Bus transit system connecting elevated road, metro rail connecting major residential and commercial sectors, ring road project will connect Ajmer to Delhi and this will make sure that heavy vehicles don’t come in between. This is the factor because of which people want to stay near the commercial centres and have to pay hefty prices.
Some of the areas which are getting developed mainly include Ajmer road, Kalwar Road, Mansarovar, Chitrakoot, Nirman Nagar, Patrakar colony, and Jagatpura.
From past last six years, the Rajasthan government is developing the Economic Zone in the collaboration with Mahindra group and RIICO near the Ajmer road. The 3000-acre area holds big corporate companies like MetLife, Infosys, Genpact and industries like JCB, Perto, etc. What can be better than this while investing in real estate in Jaipur?
Some of the projects which are going on include Sports city, Gems and jewelry zone, Solar power plant, etc. Due to all of these, there already has been an increase in population.
There are also some commercial centres coming up like Gaurav Towers, WTP, MGF Metropolitan, Pink Square, Trinity Mall, etc. You’ll wish to live near one of these places which is possible by transportation facilities.
With all the benefits and advantages mentioned above, Jaipur is the best option for investment. While looking for the construction company in Jaipur after investment, it is advised to only go with the best. You can have a residence here or even buy the property or apartment for investment.