Why The Demand of Property Investment in Jaipur is on Rise?

property investment in jaipur

Why The Demand of Property Investment in Jaipur is on Rise?

Property Investment in Jaipur

History gives the evidence that Jaipur has dependably been the coveted place for Kings because of the richness, success and legacy the city have. The well laid out streets, foundation, and so on has dependably been the center of fascination for some. Indeed, even the new age town organizers and engineers are taking the inheritance forward and raise another face of Jaipur by building residential and commercial buildings, villas, business zones, industrial zones and even new spots to give a superior way of life. There are numerous current and some upcoming advancements in this city due to which there are an ever increasing number of individuals pulled in towards it and accordingly the demand for property investment in Jaipur is ever increasing. A portion of the districts like Vaishali Nagar, Chitrakoot, Malviya Nagar, Jagatpura at one time were rural ranges and now these have turned into the prevalent center point for property investors. So if you need to put your cash in gainful property venture, there are different elements that can help you divert your investment money towards Jaipur.

Special Economic Zone

Since the last 6 years the Rajasthan government is building up the Exceptional Monetary Zone (Special Economic Zone) in a joint effort with RIICO and Mahindra close to the National Highway 8. This 3000 acres of land area holds huge business organizations like Infosys, Genpact, MetLife and the ventures like Perto, JCB, and many more.

Hospitality Business

property investment in JaipurJaipur is acclaimed for its hospitality sector and many National and International hotel chains like Mariott, Radisson, Lemon Tree, Ibis, etc. and hospitals and multi-spaciality centers around like EHCC Heart Hospital, Fortis, Mahaveer Cancer Hospital, etc. As result areas near Vaishali Nagar, Malviya Nagar, Pratap Nagar, Tonk Road and other neighboring regions are being developed into residential areas.

Transport Facility

property invest in jaipurJaipur has State of the Art public and commercial transport system. There are separate entries and exits for commercial vehicles so that the city roads do not get populated. The Rajasthan government Bus Rapid Transit System (BRTS) connects every corner of the city. Major commercial and residential areas are connected with Metro Rail System. Jaipur additionally has an International Airport terminal which is well connected with NH8, Railway Station and Bus Terminal for easy conveyance. Therefore people want property investment in Jaipur as there is huge potential in the city to become a major commercial hub of India. Secondly at present the property rates are comparatively lower than many cities of India.

Residential Property Investment in Jaipur

Due to the above mentioned factors people want to invest property in Jaipur mainly for residence. Areas like Vaishali Nagar is an ideal place to invest in residential property. Areas near Vaishali Nagar like Gandhi Path and Chitrakoot have very nice and affordable residential buildings which have nice potential in terms of property investment in Jaipur.

With the introduction of Pradhan Mantri Awaas Yojana (PMAY), government is now providing flats to people from median income groups which is a very good option for people from this sector to make property investment.

These factors have increased property investment in Jaipur. One such project is being built by Elegant Realty named ‘Vaishali Utsav’ near Vaishali Nagar in Jaipur. In this project affordable residential flats are being provided to people at prime location along with all modern amenities. The project is under PMAY scheme and people can avail flats at subsidized rates under Credit Link Subsidy Scheme (CLSS). Loan facility and EMI Option is available from all major banks. Elegant Realty welcomes you to your dream home.

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