Jaipur is one of the hottest destinations for property investment in North India. Being at a 4-hour distance from the National Capital, with planned development, multi-national companies setting up shops here and a flourishing manufacturing, export, tourism and outsourcing industry, it has captured the interests of the best property developers as well as eager investors.
The most promising areas to invest in Jaipur today are:
Ajmer Road: Witnessing the development of high-scale and self-contained integrated townships, Ajmer road in Jaipur is attracting investors from within the city as well as neighbouring regions. It is perceived as one of the wisest investment choices due to the upcoming infrastructural developments and the established special economic zone.
Jagatpura: Due to its proximity to the international Airport as well as the flourishing Sitapura industrial area, Jagatpura is an upcoming location for the hottest property offerings. The proposed ring road and metro rail are further likely to boost the property returns expected from this region.
Tonk Road: Tonk Road runs parallel to Jagatpura and is another great choice to invest in. Real estate experts believe that the completion of the proposed transport links including the ring road will further enhance the area’s connectivity and therefore increase the demand for residential units.
Vaishali Nagar: Vaishali Nagar is one of the most upcoming locations in Jaipur. It is located in the southwestern part of the city and offers a healthy mix of residential, retail and commercial development. The locality has a number of malls, multiplexes, eating joints and other entertainment centers.
Sirsi Road: Located near Vaishali Nagar and Ajmer Road, Sirsi Road is witnessing a lot of healthy development in terms of properties and infrastructure. Being a less popular zone in Jaipur, the property prices are comparatively low as compared to other areas.
Sikar Road: Essentially an industrial and commercial belt, the region is dotted with a line of affordable housing units.
While choosing an area to invest in, it is important to keep in mind the popularity, and pace of infrastructure development in the region, apart from the pricing and value being offered.