Pink City Jaipur is the capital of Rajasthan and a major tourist destination. It is part of the golden triangle earmarked for industrial development. Jaipur’s proximity to the national capital has made it an attractive destination for economic development. It is also a major tourist hub with a huge influx of tourists every year.
The city is poised to become a megacity with a population of more than 10 million by 2025 over an area of 800 sq km. These facts make Jaipur one of the best destinations for investment in real estate.
We will look at the top 5 areas in Jaipur that are good options for property in Jaipur:
Ajmer Road is known as the mini Gurgaon because of its potential to emerge as a major industrial and economic destination. Located on the six-lane expressway that will connect Jaipur to Delhi, the locality acts as an industrial corridor between the two cities. Moreover, the government has allotted over 300 acres of land to establish non–polluting industries here. It is poised for major commercial and residential property development and is ideal for investors.
Jagatpura is one of the fastest growing areas of Jaipur. Its proximity to educational institutes like Malviya National Institute of Technology and other engineering colleges and proximity to the airport has attracted the attention of many builders and developers. It is also well connected to commercial areas on Tonk Road, Ring Road, and Vatika Road making it a prime location for real estate development.
Vaishali Nagar is a wealthy locality in Jaipur. The social infrastructure is well developed with all the facilities like schools, colleges, hospitals, and recreational options. The locality is known for its high-end fine-dining restaurants and entertainment options. Due to its large area, Vaishali Nagar offers several options for the investors who are looking for buying property in Jaipur.
Tonk Road is a posh locality of Jaipur due to its well-planned residential neighborhood and green surroundings. This primarily residential locality is well connected to Sitapura Industrial Area, Gandhinagar Jaipur Railway Station, and Jaipur Airport. It boasts the best medical facilities as Narayana Hospital, Bombay Hospital, and Mahatma Gandhi Hospital are located on Tonk Road. Flats in the Mansarovar extension, are some of the best properties in the city ideal for investment.
Malviya Nagar is an upcoming residential area of Jaipur. It is well connected to the city via road and public transport. It is close to two major corporate zones-the World Trade Park and Genpact and is a busy commercial zone. Malviya Nagar has access to the best social infrastructure.