With the advancement that Jaipur has seen in the last two decades in terms of technology and growth, the ‘Pink City’ has earned the credit of becoming one of the fastest growing cities in India.
One area that has seen immense growth in particular, is real estate. The city, in recent years has seen a surge in property options, both residential as well as commercial. Trustworthy names have real estate projects for all budgets, under various stages of development including those ready for possession. A multiplicity of developers are now also offering luxury apartments that meet the international standards.
This has given a push to the investor market from both within and outside the city. Being the capital of Rajasthan, Jaipur earns the advantage of being central and well connected to all major destinations of India. It is also becoming a hub of power generation, with major developments in Solar Power production as well as an oil refinery coming up close to the city in Barmer.
The development of Mahindra SEZ has also been attracting a lot of corporates as well as professionals, who are always on a lookout for investment options.
Being what Pune is to Mumbai, Jaipur, also a part of the golden triangle, is attracting a lot of tourists, visitors and investors from Delhi.
Touted as the first planned city of India, Jaipur is also famous as a heritage destination, which boosts travel and tourism industry, and hence it’s access to the world. And with the Metro Train coming up, it has now earned the tag of the ‘Modern Heritage’ city.
With development in all sectors including education, healthcare, IT, hospitality and corporate, Jaipur has also been a textile and gemstone hub which requires and acquires all the more attention it needs in the real estate sector.
A well planned city, boasting of well planned growth in business, economic and education sectors makes The Pink City of India a ripe investment ground for those interested in reaping benefits in the near future. With land prices surging at lightening speed and rental incomes becoming a convenient form of ROI (return on investment), investing in Jaipur is both lucrative and wise at the same time.