Buying a residential property in Jaipur nowadays is considered to be a smart decision. Residential plots in the city are cheap and affordable for many home and foreign real estate companies. Real estate investments in Jaipur are favorable for profit since the city becomes the newest urban centre with the many new modern commercial spaces and IT projects. The Pink city of India becomes the New Delhi when it comes to development in technology and real estate.
Foreign investments are the main thing that boosts the real estate market in Jaipur. Situated on the Delhi Mumbai Industrial Corridor, the city is attracting businessmen, as well as workers. There are more than 200 new residential projects in Jaipur at the moment which are lead by different real estate companies. The support from the government, as well as the great interest from the foreign investors, speeds up the real estate development in the Pink city. The trend of real estate investments in Jaipur will only grow in the future.
Real estate companies’ favorite areas for investments are Ajmer Road – which is considered to be the new hottest destination in the city – Bani Park, Bapu Nagar and C-Scheme. One of the leading contributors in Indian real estate development, is set to establish Jaipur as the next IT destination with the Infotech City project. The modern technological space is spreading across 800 acres on Ajmer Road. Not less than 10,800 living properties are to be included here.
The new residential projects in Jaipur will undoubtedly transform the city. The vast choice of affordable residential properties in Jaipur together with its development as the new hottest technological center will certainly be a boost for the economy, as well.
