Jaipur or the Pink City’ of India has a thriving real estate market. The city, which has been described as a cultural hub, is renowned for its unique pre-modern architecture and broad streets.
While the city’s real estate market has usually relied on the heavy throng of tourists it receives yearly. In recent times, industrial expansion seems to be the key driving factor for growth in the real estate market. Experts have rated Jaipur among the top ten emerging cities in the nation.
If you’re considering investing in the Jaipur real estate market, the good news is that prices are about 5% lower than they were at the same period last year.
There are hundreds of realtors in Rajasthan that can provide you catalogues of the best properties in Jaipur at competitive rates. You can consult a telephone directory or browse the internet for their contacts.
There are numerous types of residential and commercial properties to choose from in Jaipur: from simple flats to luxury apartments. Some of the most popular sites for investors in the city are Vaishali Nagar, Jaisinghpura, Rohini, Tonk Road, Jatapura, Agra Road, Ajmer Road and Sirsi Road.
While these represent some of the favorite locations for investors, it by no means covers all the sites with lucrative investment opportunities. Jaipur is developing at a rapid pace and beautiful properties are being erected all around the city. Be sure to compare the catalogues of different realtors to get a clearer picture of the properties available.
It is also crucial to ensure that any property you are planning to purchase has received approval from the Jaipur Development Authority.
Whether you’re looking to cash in on the highly anticipated appreciation of the value of Jaipur properties or simply want a place to stay and rent out; there’s no better time to enter the market.