Jaipur being amongst the fastest growing cities of the country in every aspect and with these propelled commercial and infrastructural developments, how could we expect the residential market to be lagged behind?
Jaipur has now been marked as the dawn of the new real estate era and the entry of major companies means significant growth in demand of more residential areas for the native as well as the people from outside.
The areas in Jaipur that have been considered as the upsurge for the real estate market have been witnessed in the suburban micro- markets like Jagatpura, New Sanganer Road, Ajmer road, Tonk Road, Sikar Road and Sirsi Road with most of the developers investing into this potential real estate hub with various projects in apartments and flats.
Jaipur is principally an investor’s market with 60% market share and expected to rise further if looked as a mid- long term investment. The appreciating Delhi NCR market too has put in the fuel to the demand for affordable market nearby. Key parameters like infrastructure, residential cost, proximity to retail establishments, future employment generation capacity etc. also helps in projecting Jaipur as the next big thing in Indian real estate market.
Real estate experts has also confirmed that real estate sector of Jaipur is witnessing a huge expansion and could become a promising and potential avenue for investment and with commencement of Delhi-Mumbai Industrial Corridor, forecasting the better times for sure.