The pink city Jaipur seems to be in the pink of health as far as the real estate is concerned. Jaipur is amongst comparative scale with Gurgaon as it’s projected as one of the ten mega cities of the future. The city is said to be evolving to be the fastest growing metropolis in the country.
Major initiatives from the state government include setting up Special Economic Zones (SEZ), IT Parks, Biotech Industries and Automobile Plants that make Jaipur a happening real estate spot. The key to development in Jaipur is undoubtedly the infrastructural development in and around the state capital. The infrastructural developments include the ring road construction that will come up all around Jaipur.
Mahendra’s SEZ is a major real estate activity that has brought Jaipur on the real estate map on 3000 acres on Ajmer Road. Some of the main projects that are coming up in and around Jaipur also include several five star hotels that will attract more and more foreign tourism. Other projects that make Jaipur Real Estate active is the IT Corridor that attracts a number of potential employees from the surrounding areas and hence raises the demands for residential and commercial real estate development in Jaipur.
The residential values in some of the most transacted localities in Jaipur like, Mansarovar, Chitrakut, Vidyadhar Nagar are around Rs 2500-3500 per sq ft. Other localities like Jagatpura and Kalwar Road and are around Rs 1500-2000 per sq ft.
Moreover, Jaipur is all set to have a hi-tech Film City that is said to be completed in the span of two years. This attractive site will be located in an area of over 1000 acres on the Jaipur-Agra highway, near village Sumel. The upcoming Omaxe City is coming up with a residential complex near Jaipur that is only 20 minutes drive from railway station, airport and bus stand.
Big manufacturing industries are already setting up plants and manufacturing facilities in Jaipur. Hero Honda is said to set up Rs 700 crore plant whereas Anil Ambani’s Mega City Development Plans are also underway. The World Trade Park, Med-Tech City, International Convention Centre as well as the International Golf Course are some upcoming projects of Jaipur.
Real Estate Agents in Jaipur
No comments:
Post a Comment