Buy Commercial property in Jaipur

Jaipur has been marked with a history laden with brave kings and landscaped with magnificent forts, gates, palaces and other buildings of that era. Popularly known as the Pink City, Jaipur has now grown out of its traditional image as a modern city now with growing infrastructure that can be attributed to the boom in the real estate development sector in the city. In fact, with some of the world class infrastructural facilities, Jaipur has found its own mark and is recognised on the map of Indian Real estate development. In fact, its traditional buildings have now taken a back seat and modern architecture vies for admiration and glory. The new built city includes colonies like Ashok Nagar, Rambagh , Banipark Gandhi Nagar, Vaishali Nagar, Civil Lines, C-Scheme, Malviya Nagar, Patrakar colony and Jagatpura which represent the urban face of Jaipur.

The city is strategically located in the North West pocket of the country and at a distance of 250 km from Delhi- NCR through Delhi-Jaipur Highway has played an important role in its development. The city also enjoys being the third corner of Golden Triangle Tourist Circuit and strategically placed on the western railway's line. These factors have placed the city on the Indian map of real estate development sector and have attracted infrastructural development projects in the city. As a result, the city has also witnessed growth in education, retail, production, commerce, marketing etc.

The R-Tech group has emerged as one of the most promising and dependable investors for developmental projects which create perfect opportunities for people to buy commercial property in Jaipur. The group has simultaneously invested in both commercial and residential projects and has gained customer recognition for its on time delivery and quality of the product delivered. It has invested in a commercial project in Jaipur called High Street Market. The designs have been finalised and the project ready to kick start. The innovative designs of the project vow to create an immemorial experience for shopping and other recreation activities. It covers a huge land area which promises to provide ample space for parking facilities. The project plans to attract various commercial outlets for the food court and retail business in its campus which would give the people an opportunity to relish their taste buds and shop till they drop under one roof. The shopping stalls promise to carry with them the tradition of the pink city reflected in antiques and variety of products indigenous to the place. The structure also stands strong with earthquake resistant technology and security top most with the latest cameras and other devices to be installed at every nook and corner so that people can enjoy with peace of mind.  The latest designs and modern infrastructure of the project promise to add more value when it is seen and felt in real rather than on papers and through words.

A Sneak Peak Into The Upcoming and Current Real Estate Projects in Bhiwadi for 2017

Bhiwadi is becoming the next important place of investment for the real estate developers. It is offering itself to be a safe destination for real estate development, compared to some other markets in India. Many places in North India are engaged in land acquisition issues which keep on the investors waiting.  This is not the case with Bhiwadi, so realestate developers in Bhiwadi have found out a place which will give a good return on their investment.

Some Statistics Revealed

The investors in Bhiwadi are receiving great returns compared to other real estate developers in rest of India. Those properties that were rated at Rs 1700 per sq ft in 2007,  they went up to Rs 2200 in 2012, and by this year it is already Rs 3100 sq ft.

Advantages

Bhiwadi’s property market has several advantages. Its strategic location supports the growth of various industries. The location has a good connectivity with the eight-lane road to Gurgaon on one side and Jaipur on the other. Low property rates, new infrastructure, low cost of living, less population and even lower pollution levels are some of the many reasons which prompt people to choose this place. It is also part of 2021 National Capital Region Plan, so more growth is expected in the coming years.

A Quick Glance

·         Bhiwadi is a safe area to invest as there is no land related controversies here.

·         As the ticket size is small, one can easily exit the market if situations are not favorable.

·         Since 2007, the appreciation has almost seen a 100% growth despite an overall slowdown in the real estate sector.

·         Property prices are still very low, in spite of huge demand.

Investments In Bhiwadi

Bhiwadi promises to be the next commercial hub after Gurgaon. As many as 27 developers till now, have invested in Bhiwadi. Rtech group is one of them. They are very prominent developers in Rajasthan who have come up with wonderful commercial projects in Rajasthan, earlier. Now, they have chosen Bhiwadi as their next investment area. R-Tech Capital Highstreet and R-Tech Capital Galleria are two of their highly prestigious commercial investments in this place. R-tech BDI Capital Greens is a highly anticipated residential property from them, which is still under construction.

Omaxe Limited has started working on setting up an Export Processing Zone whereas RIICO has developed 15 industrial areas which house 300 large and medium scale manufacturing units. Uppal Group is also investing in two SEZs. For shopping, Parsvnath and Ashiana have invested in two shopping malls ranging from 2800-5500 square feet in area.

Bhiwadi’ proximity to Delhi and Gurgaon has been responsible for its commercial growth. Ashiana Housing and Parsvnath, on the other hand, are investing in residential real estateprojects in Bhiwadi. Ashiana Housing has completed 1300 units on six different projects. MTech Developers, Camellia Garden Estate and Piyush Group and Reliance are also not far behind. Various under construction projects make Bhiwadi boast of its growing real estate sector.

Digital Transformation: A Necessity for Commercial Real Estate in Rajasthan

India is a fast growing nation and there is no stop to its growth. With fast pace in business development, growth in each and every sector in India is inevitable. Real Estate is one such sector, which is bound to witness a huge growth in the coming years with promising youth population and perceptive government initiatives. Bangalore, Ahmadabad, Rajasthan, Delhi are some of the states in which commercial, as well as residential real estate, is thriving. Here, in this article, we will concentrate on commercial real estate in Rajasthan, with its flourishing real estate builders in Bhiwadi, Kota etc. taking notice amongst the most flourishing cities in terms of real estate investments in India!

Why Digital Transformation in indispensable for Commercial Real Estate in Rajasthan?

1.    Quick & Easy Selling

Digital transformation will allow the realtors and agents to streamline deals. It will ensure quick and easy selling of properties as one will be able to pre-search the location, enquire about a property and get other minute details of all prospective properties which aren’t possible on foot! Further, it will save time for both, the consumer and the seller.

2.    Brings Transparency in Deals

Digitalisation will not only make the process friendly and easy but transparent too. One can determine the flow of money in the chain. It also allows for proper market research of the company and its reputation in the market.

3.    Allows Proper Property Research and Builds Trust

If your company wants to see growth in future, then building trust amongst consumers is a must. Going digital creates a reputation and builds trust in the end-users as well as your business partners and dealers.

4.    Increases Reach and Marketing

Gone are the days of marketing via huge hoardings and pamphlets. Now people prefer the internet for searching. Further, digital platforms hold much more power in word of mouth for image building and marketing than print and television does. Exploit this medium to increase your reach and marketing.

5.    Goes Hand in Hand with Government Initiatives like Digital India & Smart City Mission

Digital transformation of commercial real estate will act as a support to government’s efforts in development sectors like Digital India initiative and smart city mission. So many cities in Rajasthan are being developed and people are migrating for work as well as for studies here; digital transformation will only boost the process!

6.    Caters to Massive Youth Population of Current Scenario

Soon India will have seventy percent youth population, which will obviously be tech savvy just like present scenario. To cater to this population and enhance real estate market in the largest state of India, Rajasthan, digital transformation is crucial.

7.    Will Mark Rajasthan as a Prominent State on the Real Estate Map

Whole of India is going digital and so are the real estate companies. To create a brand image, one has to step up with the changing market trends and evolve.

Rajasthan is gaining prominence in the eyes of real estate investors with its cities like Bhiwadi and Kota posing great opportunities for investment. While there are great many real estate builders in Bhiwadi, Kota, Jaipur and other such growing real estate markets in Rajasthan, the need for digital transformation is essential for complete progress.