There are two ways to make money from real estate; through renting your property or value appreciation. Invest in Jaipur real estate because it is good for both. We have in the past had various reasons to visit Jaipur before: the rich culture, its scenic beauty and as a historical tourist destination. Today, you might want to visit the pink city for another reason all together and that is real estate investment.
The city happens to be a popular business hub. As a result, the place is facing a high demand for both commercial and residential properties as major companies such as Coca-Cola are heading here as well as . This need has seen many real estate gurus develop affordable real estate projects which especially target the middle class citizens and foreigners alike. In fact, jaipur is destined to be a mega city in 2025, with an estimated population of 10 million; therefore there is major room for real estate value appreciation.
The other reason that should lure you into investing in Jaipur real estate is the priority, flexibility and the government support accorded to foreign investors and towards its towns and cities development. The Jaipur state government has put various infrastructural developments such as IT parks, automobile plants, convenient transport systems and other industries. This good will gesture by the local government has attracted many cooperate houses as well as international businesses to settle in Jaipur.
Another factor that should propel you towards investing in Jaipur real estate is its proximity to Delhi, which happens to be the capital city of India. Aside from its nearness to the capital, Jaipur also enjoys proximity to parks, five star recreational facilities, schools, shopping malls, tourism attraction sites along with its sophisticated and diverse transport system makes it a good place for real estate investment as this would enable your properties to sell or rent at very high rates.
However exciting this business opportunity sounds, it is also important to look out for fraud stars. The most important precaution to take when buying a real estate property in Jaipur is to make sure that property is approved by JDA. You should also be keen in ensuring that the papers are clear and are in the original owner’s name before putting your money in it.
