New cities are being targeted today to meet the customer needs and several projects. Jaipur is one of the cities which had been visualizing the changes. Several MNCs has evolved and set up their branches in Jaipur. Property in Jaipur has attained a different price tag due to the industrialization and had bagged an extended dimension covering new cities nearby Jaipur. Several projects in consideration to real estate Property as Mahindra World city, Sitapura Industrial area, etc have been come up and many more projects are about to be completed by the end of 2015. Several IT companies are planning to set up their branches at Jaipur namely HCL, IBM-Daksh, Wipro,etc. Several other sectors like the hospitality, commercial, residential sectors have come with their planning to broaden their prospects and this has led property in Jaipur to reach new heights.
Another reason of Jaipur gaining demand in real estate property is tourism. Jaipur has been a tourist place and had attracted numerous visitors from abroad as well different parts of India from decades. So the requirement of world class hotels to provide the accommodation to the tourists is also good. Real Estate Property has come up with more projects in both the commercial and the residential sector as well.
Residential property sector has seen a rise with numerous groups like one of the well known is Rising star builders that has bagged new projects to accommodate the dwellers at Jaipur and are planning to provide them with the facilities much similar to that of other big cities like Bangalore, Gurgaon and Hyderabad. Property in Jaipur today is getting different value and has been limited towards the availability.
Jaipur has been known for providing world class intellectual level courses and so has come up numerous educational institutions and projects. In the past decade hundreds of schools and professional colleges have come up at various parts of Jaipur. Institution like IIT, IIM, NIFT are planning to set up their colleges in Rajasthan nearby to Jaipur. Around 80 engineering colleges are already running successfully in the RIICO educational area near to the RIICO industrial area. Students are able to gain industrial exposure at the industries at RIICO. This has also risen the demand of real estate property.
