Why Jaipur Is a Great Market for Real Estate Investing - The Red Carpet


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Sunday, February 26, 2023

Why Jaipur Is a Great Market for Real Estate Investing

One of the most well-known and significant cities in Rajasthan, Jaipur is referred to as the "pink city." Individuals will greatly benefit from investing there because of the city's excellent communication infrastructure. Investing decisions are based on a person's liking for the locations and their assessment of the locations. Jaipur is a location for high-quality instruction and admission coaching for numerous reputable universities. In recent years, numerous medical and engineering colleges have opened and are operating successfully. The schools in Jaipur are among the best in the nation. Individuals in Pink City have a wide range of possibilities from which to choose. 

Read More : Delhi-NCR has the biggest real estate price growth among the top 8 cities, according to a report

Based on the corporate and institutional focus that has been paramount in the city, the regal Jaipur city is expected to be among the ten mega cities of future India. The market for real estate in Jaipur is booming. With various IT projects in the city, it has recently emerged as a significant IT destination. The establishment of branches by various Indian and foreign MNCs has also been encouraged in Rajasthan's capital city. It is anticipated that laudable initiatives like Live Mahindra's 3,000 Acre SEZ and Anil Ambani's Mega City Development Plans will start sooner.


Some of the qualities that make Jaipur a top investment location include: 

  • The largest state in India, Rajasthan, has as its capital city one of the nation's Tier II cities with the greatest rate of growth. 
  • There are several international airports in Jaipur, and flights are available to all the main cities in India and worldwide. 
  • It is situated on the Golden Quadrilateral, which could become the National Expressway in the future. 
  • By 2025, Jaipur will have a population of 10 million people living within an area of around 800 square kilometres, making it a megacity. 
  • A massive $2 billion investment is anticipated. 
  • India's capital, New Delhi, serves as a deterrent
  • The city is accessible by car on the Delhi-Mumbai Highway about 3–4 hours from Delhi. 
  • Tourists from both within India and abroad converge at Jaipur. Almost 80% of foreign visitors to India who travel to Rajasthan do so via Jaipur. 
  • The city is the main export hub for commodities such marble and stone artefacts, sterling silver jewellery, handicrafts, carpets, clothing, traditional footwear, coloured gemstones, and engineering equipment. 
  • It is a cooperative venture for a Special Economic Zone (SEZ) on 3000 bighas of land between Mahindra & Mahindra and RIICO. 
  • It is also a rapidly developing location for healthcare, with Medicity of Reliance Group on the horizon. 
  • An additional advantage is the forthcoming metro link.
  • With significant players like Genpact, Infosys Progeon, etc. already present, it is a developing IT/ITES destination. 
  • Jaipur is secure, with great law and order, and a stable political environment. 
  • Also, startup costs are very reasonable.

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