The pink city is one of the most popular and the largest city of Rajasthan. People have an eye for investing in property see a lot of favourable reasons to invest in Jaipur. The city is seen among India’s top ten megacities that are emerging as a hub of corporate and institutional focus. The place is well laid and known for planned architecture. The Rajasthan Industrial Corporation has planned to construct an IT Park in Sitapur, a place well-connected with Jaipur. A large number of reputed IT companies like Infosys and Wipro are also scheduled to set up base in Jaipur, giving the people scope of employment and livelihood.

Jaipur is grown as the city with educational focus as well. It has many institutions offering quality education and coaching centre for the entrance of various reputed institutions. In the recent times, there are many medical & engineering colleges providing quality education. The city has many top-ranked schools in India. Apart from this, the property rates in Jaipur are comparatively lower than that of other megacities in the listing.

While the real estate market is hot, and there are a number of options for the investors, here are some of the reasons why Jaipur is the best choice for home buyers:

• Being the capital of Rajasthan, it is the faster-growing tier II city in the nation.

• It has good connectivity in terms of roads, public transport, infrastructure, railways, domestic as well as international airports etc.

• Jaipur is likely to become a Mega City by 2025 with a population of 10 million persons encompassing over an area of about 800 sq. Km.

• Owing to a number of projects coming up, the people see the market blooming and is expected to reach a whopping $2 billion

• Jaipur is the hub of domestic and foreign tourist. It is seen that almost 80% of foreign tourist coming to India visits Rajasthan via Jaipur.

• The city is the largest centre for export of coloured gemstones, sterling silver jewellery, handicrafts, carpets, apparel, traditional footwear, marble & stone artefacts, engineering goods, etc.

• It is one of the Special Economic Zone (SEZ) joint venture by Mahindra & Mahindra with RIICO on 3000 bighas of land

As per the report, of Ernst and Young, titled ‘India’s growth paradigm: How markets beyond metros have transformed’ breaks the monopoly of tier-1 cities in terms of attracting investment. The report marks Jaipur as the 9th top investment destination in India. The report also marks that the GDP growth of the city is likely to grow by 8.7%. Among the continuous developments happening in the city, one of the major breakthroughs is the growth of its Peripheral Business Districts, and the Jaipur-Ajmer Expressway are further adding to the momentum of residential apartments in Jaipur. Therefore, the region has gained significant popularity among property investors.

Few residential areas in Jaipur to invest in are-

Properties in Jagatpura: Jagatpura is among one of the fast developing real estate destination due to its proximity to Jaipur International Airport as well as the flourishing Sitapura Industrial Area. Developments like proposed Metro Rail and Ring Road will further add eyes to properties in this region.

Ajmer Road: Ajmer Road is luring many investors from neighbouring regions like Delhi and National Capital Region because of the upcoming infrastructural development, established special economic zones and integrated townships.

Chokhi Dhani, Sukhdeopura Nohara: Marked as the cultural centre of the city, it is major traction for tourism. With places like Amber Fort, Chokhi Dhani, Jhalana Panther Safari it is easy to understand why people are interested in a prime location like this. Home buyers vested in this sector can look for affordable Ashiana Housing apartments in Jaipur.

The company offers a wide range of property options to choose from. It includes 2, 3 and 4 bhk flats, apartments, and villas in both high rise and low rise structures. It has projects starting from 35 lacs and range to 93 lacs based on the location, housing, construction etc. Also, it is the first company that has introduced the concept of care homes for physically disabled or medically dependent people and kid-centric homes that take care of infants of working professionals. Investing in such property adds a dimension of extra care and comfort of maintenance and essential services.