Jaipur, the Pink City of Rajasthan, is the prime tourist attraction of the state. The city is fast growing as the hub of tourism, education and is counted as a profitable option for investment in the real estate business. With all the amenities of a modern metropolis, the city is providing bright opportunities for real estate builders and developers, to invest in commercial and residential properties. Planned development projects are taking place along the Delhi-Jaipur Highway, which connects the city to the Delhi NCR. Its proximity to the National Capital Territory is an added advantage for its development in the real estate business. A number of prominent builders and developers, such as Parsvnath Builders, Vatika Housing, Ansals, are planning to set up retail office complexes and residential housing projects in Jaipur.
Until sometime back, a set pattern was followed in the style of architecture of the buildings and there wasn't any room for improvement. After the entry of builders and developers, the outlook of constructing buildings has changed. They have brought with them modern designs and planning, which is totally new to the city. A balance between greenery and concrete in the residential and commercial properties developed by these builders is attracting buyers in Jaipur.
Residential Properties in Jaipur
A number of local and metropolitan-based builders and developers are entering into the real estate business of Jaipur, because the business is turning out to be a lucrative option for the investors. Quality residential properties have been launched by Parsvnath Builders and DLF, at rates far more affordable than the metro cities. Ajmer Road is the hotspot for investment in properties in Jaipur. Integrated townships comprising of elaborate space for buildings for residential and commercial purposes, and ready-to-enter apartments are the latest projects coming up in Jaipur. 'Narayan City' is the brand new integrated township of Parsvnath Builders and can be a good option if you are looking for residential apartments in Jaipur.
Commercial Properties in Jaipur
Renowned national and multinational companies, such as Infosys, IBM, HCL, Mahindra and Hero Honda, have opened their offices along with factories in Jaipur, because the city is the hub of IT sector of Rajasthan. This is a major factor for the boom in the real estate business of Jaipur, because there is an upsurge in the number of IT companies entering into the city. Moreover, the prices of properties in the city are far cheaper than the metropolitans, including Mumbai, Delhi NCR, Chennai and Bangalore. Shopping malls, multiplexes, five-star hotels and convention centers are now also the part of the property market of Jaipur. One can find a number of shopping centers in Chaura Bazaar, Tripolia Bazaar, Bapu Bazaar and Nehru Bazaar. Shopping malls are found in places such as Shastri Nagar, Bani Park, Bapu Nagar and Malviya Nagar.
Top Builders and Developers of Jaipur
One of the leading builders and developers of Jaipur - the Manglam Group - has come up with its residential project 'Grand Vistas', which are ready-to-live luxurious apartments. 'Metroplis' is the builder's commercial and residential complex, ready to hit the property market of Jaipur. 'Okay Plus' is another builder of Jaipur, which is going to introduce its range of apartments, each in Bani Park (Okay Plus Empress) and Jagatpura (Okay Plus Venus). Jaipur-based corporate giant 'Dhanuka' is concentrating on capturing a wholesome share in the real estate business of the city, with its latest project 'Sunshine Symphony', which is 3-4 BHK luxury apartment. Debock Builders Pvt. Ltd, Aditya Builders, Unique Builders are some of the top builders and developers of Jaipur.
