Jaipur emerges as an investment destination
Jaipur- If you are planning to invest your money at right place, then Jaipur would be a great option for you. The city houses maximum number of upcoming residential projects compared to other upcoming small cities.
It is thought that this city has great potential for price stability, demand growth and quality of infrastructure which is will soon attract investments from all over northern region.
Bharat Sharma of Vikas properties confirms that, although the real estate growth was slow and steady from past few years but now the scenario has changed. In 2012 ,there was 8-10 percent hike in the value of property in most the areas but areas like Chitrakut, Jagatpura, Vaishali Nagar, and Ajmer Road witnessed growth up to 15 per cent.
He added that the demand for residential projects has increased which propelled developers to fulfill their demand. He pointed out that the marginal increase of value in past two years of newly launched projects. But due to continuous rise in demand it seems that it will reach more than 20 per cent by the mid-year 2013.
Atul Jain of Mansarovar Properties feels that, Jaipur is currently a small growing city where boom in realty sector will soon arrive. The entry of new skyscraper building, enhanced connectivity and developing infrastructure facilities entirely changes the scenario. The key developing areas are Sanganare Road, Sikar Road, Ajmer Road.
The new 2025 master plan by Jaipur Development Authority (JDA) visualizes that there should be a focused approach to develop real estate sector, infrastructure and connectivity of the city.
Rental prices costliest in Jaipur!
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Ajmer Road, Chitrakut, Investment, Jagatpura, Jaipur, Real Estate India, Real Estate Sector, Realty News, Residential projects in Jaipur, Vaishali Nagar Jaipur