Jaipur is a fast-growing city and has developed by leaps and bounds in the last couple of years. This rich heritage city has large amounts of real estate investment attracted by its fast-developing infrastructure and economy. So let us see some of the best locations for real estate investment in Jaipur.
The topmost investment zones in Jaipur are:
Ajmer Road:
Ajmer Road is an upcoming mid-segment locality in Jaipur, next to the emerging localities of Kanak Vihar and Madrampura. Proximity to Civil Lines, one of Jaipur’s important centers and posh areas, has strategized this locality. In addition, the Delhi-Ajmer Expressway, NH-52, and stations of Jaipur Junction and 22 Godam are some of the key connectivity points that make the region livable. The residents can easily access the Civil Lines and Ram Nagar Metro Stations of Jaipur Metro’s Pink Line, which connects Mansarovar to Badi Chaupar. The infrastructural projects in the pipeline are likely to drastically improve connectivity here.
Jagatpura:
Jagatpura is very strategically located near the Jaipur International Airport and NH-248, further connecting via NH-21 and NH-52. The locality also offers smooth connectivity to the Sitapura and Malviya Nagar industrial areas. Though traffic congestion has become a major issue, the proposed infrastructure projects, such as a new metro line from Ambabari to India Gate and a six-lane underpass at B2 Bypass Junction on Tonk Road, are likely to decongest this locality.
Sirsi Road:
This locality falls under the mid-segment. It has decent connectivity to Delhi-Jaipur Expressway NH-48 and JodhpurJaipur National Highway via NH-52. RIICO Industrial Area is a mega industrial hub that lies within three kilometers of Sirsi Road. Jaipur Junction is approximately 11 kilometers away, and the Jaipur International Airport lies about 21 kilometers via Khatipura Road.
C-Scheme:
Located in proximity to Statue Circle, Ashok Nagar, and Rambagh, C-Scheme is one of the most posh localities of Jaipur. A link from Bhawani Singh Road to NH-248 also leads towards NH-21. The Orange Line of Jaipur Metro Rail Project will pass through this locality, and the connectivity here will significantly improve upon its completion. Many major hotels, tourist spots, and green belts surround the C-Scheme area. Equipped with key commercial and industrial centers like the International Business Centre, K J City Tower, Fortune Heights, Sitapura Industrial Area, and Sintex Industries in close vicinity, it has become quite a hot spot.
Mansarovar:
A mid-income locality, Mansarovar is said to be attributed as the area with considerable supply of ready-to-move-in residential apartments. This area has overseen immense development in terms of infrastructure with improved roads, parks, and public places in the recent past. The area is well-connected to the inter-states through NH-21 and NH-48, and has a dedicated metro station, which allows connectivity with Badi Chaupar. Jaipur International Airport is sited at a distance of 12 km while Gandhi Nagar Railway Station is approximately 7 km from Mansarovar. RIICO Industrial Area is also located nearby, roughly at a distance of 3 km via New Sanganer Road.
Things to Keep in Mind Before Buying Property in Jaipur
While buying real estate in Jaipur, the following are a few things one needs to keep in mind:
· Location: As suggested above, Look out for a place with good connectivity, social infrastructure, and access to essential amenities.
· Type of Property: It depends on your investment goals, so decide whether you want residential, commercial, or mixed-use properties.
· Budget: Work out an affordable budget and then look at what is available within it.
· Rental Yield: The return on investment or potential rental income could be a decisive factor.
· Future Growth Prospects: Study the development plans and growth prospects in the area.
Making the Most of Your Investment with Real Estate Dekho
It would ensure maximum return on investment if one did market research, consulted experts, and probably diversified his or her portfolio. Online property management platforms like Real Estate Dekho may come in handy while finding suitable properties and keeping up with the trends of the market. You may also list your property in Real Estate Dekho to maximize returns in rentals, selling, or holiday retreats.
Carefully analyzing these factors and availing of the opportunities that do exist in some form, you can make the right investment decisions and take all possible advantage of Jaipur’s booming realty market.
