Jaipur, the capital of Rajasthan is a world famous tourist destination. The beautiful city is lately in the news for its booming property market. The reason is the fast-paced development that is taking place in various sectors like business, education, IT, Banking, Healthcare etc.
Investing in Jaipur is a very attractive option because despite the tremendous development, the price of property is quite affordable in the city. Almost all prominent builders like Manglam Group, Mahima Group, SDC Group, UDB Group, Anukampa Group, Okay Plus Group etc have their residential projects at various places in the city. A home buyer can easily find affordable 1, 2, 3 BHK flats, villas, luxurious flats according to one’s budget.
Here, we are going to tell you top 4 places to invest in Jaipur.
1 Ajmer Road:
It is a much sought after area in Jaipur. The price of property on Ajmer Road is continuously on the rise. The biggest attraction on Ajmer Road is Mahindra Word City – an industrial corridor developed by Mahindra and RIICO. Big companies like ICICI, JCB, Infosys, Connexions, Nagarro Software, Deutsche Bank, etc are operational in the area. Investing in commercial as well as residential property on Ajmer Road will give you excellent returns in future. In fact, the area has seen the largest NRI investment. The area has affordable and luxurious flats from prominent builders. Investment in flats in Ajmer Road Jaipur will give you remarkable returns.
2 Vaishali Nagar:
Vaishali Nagar is considered to be a posh area. It is one of the best locations from investment point of view. It is well connected with the main Jaipur. Vaishali Nagar has all the basic amenities like hospitals, banks, schools, shopping complexes etc at a walking distance. It has got very good public transportation system. Living at Vaishali Nagar is like living surrounded by luxury. Buying flats in Vaishali Nagar is an intelligent decision from an investment point of view.
Mansarovar, the largest colony in Jaipur, is a pretty good place for real estate investment. The place is known as an education hub. It has prominent schools, colleges and business schools in the area. Coaching centers for various competition exams attract students from all over the country. That’s the reason, why there is always a great demand for rented accommodation. The place has all the amenities like markets, restaurants, banks, ATMs, hospitals etc. The area has good public transportation system which is further enhanced by the introduction of Metro. Investing in flats at Mansarovar will instantly start good rental income. The price of flats in Mansarovar is affordable, you can easily get 1, 2, 3 BHK flats within your budget.
Away from the chaos of city life, Jagatpura provides a peaceful ambiance which is perfect for living. The area is known to have some of the best educational institutes. There is always a rush of students from outside the city looking for rented flats. The area has all the necessary amenities like hospitals, banks, malls, markets and food joints. All the leading real estate developers are offering affordable flats in Jagatpura. The price of land here is on continuous appreciation. You should Invest in flats in Jagatpura and rent it to generate an additional source of income.