Jaipur is one city that has shown the strength to emerge out of the demonetization issues and rapidly bounce back into the real estate scenario. The city has high potential from an investor point of view. Due importance is being given to urban infrastructure in Jaipur city. This is a positive sign for those aiming to buy commercial property in Jaipur.
For a strong growth in the real estate sector, a dedicated governing body is a compulsory factor. The trend now showing in Jaipur is favorable as far as this factor is concerned. If you take a look at the current projects, timely completion, as well as complete information about projects under construction, is prompt and accurate. This is a plus point for buyers in Jaipur.
The commercial sector is rapidly advancing in areas like Tonk Road, Malviya Nagar as well as Ajmer Road. This will create numerous opportunities for real estate investment in the city. The residential and commercial real estate sector is witnessing a healthy growth which is likely to continue in 2017.
The well-planned layout of Jaipur is one of its best advantages that help in becoming a center of IT hubs and infrastructure. This is also what helps the city to spread its base in the real estate sector. There are infinite opportunities for all large corporate as well as private investors in this area.
In 2017, you can see further growth contributed by commercial space in Jaipur like:-
• An IT Park at Sitapur planned by Rajasthan Industrial Corporation
• Infosys campus
• Wipro campus
• Projects by developers like Ansals, Omaxe, Parsvnath
The Jaipur-Ajmer expressway has proved to be a strong pillar in the growth of real estate business. The peripheral areas adjacent to this have developed and havebecome very popular among investors as well as buyers. Investors and end users have certainly made Jaipur one of the most vibrant destinations for real estate dealings in North India
Lots of mid-income as well luxury apartments are also springing up as a result of developer’s interest in the Ajmer Road expansion. You will be able to find projects offering all kinds of amenities in this region.
Many large land portions are also becoming more affordable here. The possibility of further development and growth is too good chance for buyers to lose. They are searching for reliable pieces of land for commercial as well as residential purposes.
A huge micro market is emerging around the Jaipur-Ajmer Road, taking the shape of schools, colleges, entertainment malls, hospitals, etc. There is an excellent chance of profitable returns on investment in the coming years too.
Jaipur is witnessing a positive change regarding real estate development and infrastructure growth. There is more transparency in the situation which brings numerous opportunities for buyers. Most of the initiatives taken up by the Government as well as private investors will gain momentum, and there will be a streamlined sector in real estate property in Jaipur by the end of 2017.
