The locations to invest in Jaipur

Diving into the history of flats in Jaipur

With the city rising rapidly and seeing the huge crowd coming to the city in search of job and spending comfortable life, the rapid demand of the residential flats in Jaipur has increased rapidly. The small crowd of 2004 has turned bigger in these 10 years and huge demand of the Residential apartments has increased. The soaring rent of the flats has also motivated people to buy the flats of their own. The flats which were being rented for Rs. 2500 in 2004 can now easily demand the price of around Rs. 7000. Such is the rising price scenario of the flats in the city. Now people are turning wiser and investing in the flats of their own is the best choice which they consider and with my perspective, the decision to buy own home is the best choice.

Recent Trends in Jaipur

Seeing and analyzing the recent facts and data, we can easily come to the result that the areas like Malviya Nagar and C Scheme are the places where the prices of the flats have doubled in the span of 2 to 3 years. However the recent developments in the areas like Ajmer Road, Kalwar Road, Sikar Road have seen the prices of the land and the flats located in those areas. The belts like Tonk Road and other nearby locations are already full and demand high investment.

According to the reports, we can say that the areas like Banipark and C Scheme draw the pricing of around Rs. 3500 to Rs. 5000 per square feet and can be considered as high investment zone. The prime reason for the higher price in these locations can be easily known as these are the best developed regions of Jaipur and nearby facilities are unmatchable in whole of the city. The strategic locations of these places help them draw huge investment.

With the other places like Vaishali Nagar, Jagatpura, Sirsi Road, Sikar Road and Ajmer Road, the price varies from around Rs. 2000 to Rs. 3500 per square feet. Among them, Vaishali Nagar has witnessed about 18% return of investment in 2 years and is a good option along with Banipark and C Scheme. With several developmental schemes running in the city and near other sites, the prices will sure to rise in the upcoming years and the price bracket is now about Rs. 2000 to Rs. 3000 will surely touch Rs. 2500 to Rs. 3500 per Square Feet.

At the conclusion, we can say that with the city developing fast, several commercial and industrial belts coming into the city all these areas will be seeing the huge rise in the prices and the residential apartments in Jaipur located in these regions are surely going to rise. If someone is looking for an investment point of view, the above mentioned areas are the best choices which are sure to give you high return on investment in the upcoming years.

Jimmy Carter is a graduate and freelance writer. He loves to research about the best in the world belonging to all spheres of life. He collects information about the topics concerned and writes about them.