Evolution of Jaipur Real Estate

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What history does the pink city hold?

Is jaipur more than just a tourist destination?

Why should one invest in jaipur?

Is investing in rental homes a good idea in Jaipur ?

Let’s make it easy for you.

The answers to all your questions are answerable, however finding it all in a single real estate article about jaipur could be a task.

Let us first tackle the question - what History does the pink city hold?

●    Jaipur was founded in 1727 by Maharaja Sawai Jai Singh II, and ruled by him from 1699-1744. Initially the capital was Amber, which is situated at a distance of 11 km from Jaipur. Maharaja Sawai Jai Singh 2 knew that there was the need of shifting his capital city with the increase in population and growing scarcity of water.
●    Jaipur city is the first ever planned city of the country India and the king consulted several books on architecture and architects, in order to be prepared before making the layout of Jaipur.
●    The architecture of the town was very advanced and certainly the best in Indian subcontinent at that point of time. In the year 1853, when Prince of Wales visited Jaipur, the whole city was painted in Pink color to welcome him and after that Jaipur was titled as the 'Pink City'.Even today, the neat and broadly laid-out avenues, painted in pink can be witnessed.
●    The capital city of Rajasthan, popularly known as the pink city, Jaipur is one of the rapidly growing cities of the country. Until 2014 - 15 the city was majorly only known for its beautiful heritage hotels and gems and jewellery business
●    After 2014 the city has seen some extra-ordinary development, including the infrastructure and properties to invest. There are some amazing residential and commercial properties as well. Since this is a planned city, it is quite an effortless task for the real estate builders to establish apartments and villas in Jaipur.

Since 2009 to 2019 Jaipur has seen some tremendous changes. Let’s take a look at it using our graph bar below.

Above graph shows the average price change from 2009 to 2019 in few of the most top localities of Jaipur city.

With that we know that Jaipur has been seeing some considerable amount of growth in prices however they all seem affordable, which is one of the reasons why it is a good idea to invest in Jaipur now.

Similarly there are various other reasons as to why it is a good idea to invest in Jaipur real estate.

Some of the most common facts that you’ll read about in every other realty blog or article about jaipur would be as follows.

●    It is that the city holds wide and smooth roads, clean and green environment, uncongested space and less pollution, unlike some of the major cities of India.
●    Many MNCs like Honda and Coca Cola are investing in the city, which increases employment opportunity for the people living in Jaipur.
●    You’ll find world’s best schools, collages, hospitals and other basic amenities of life. The best part being the beautiful parks, community centres and shopping malls, which give people another reason to invest in the city, Jaipur is not less than any other city of India, in terms of providing amenities.
●    since Jaipur is a planned city, the foundation of the city has been positioned after vigilant planning and meticulous research. Therefore, even if loads of new project in Jaipur are established, you won’t find the city congested. Talking about connectivity - The city offers easy and smooth connectivity to all the nearby big towns via road and railways, which makes travelling easy for the people.

Futuristic approach to why it is a good idea to invest in jaipur.

●    Jaipur city is situated or rather designed in a way that it is located on the Golden Quadrilateral which is proposed to be upgraded as the National Express Way,
●    Jaipur is on the way of becoming a Mega City by 2025 with a population of 10 million persons encompassing over an area of about 800 sq. km.
●    The expected investment is a whopping $2 billion.
●    As Jaipur is a planned city, the foundation of the city has been positioned after vigilant planning and meticulous research. Therefore, even if loads of new project in Jaipur are established, you won’t find the city congested.

Disclaimer : The views expressed above are for informational purposes only. We do not guarantee the accuracy and completeness of the information and shall not be held responsible for any action taken based on the published information.

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