Reasons why buying flats for sale in Jaipur is a Smart Decision

 

Jaipur is one of the fastest-growing Tier-II cities in India. Being a part of the golden triangle always has an advantage. Its small-scale and large-scale manufacturing units, renowned educational institutions, and growing export industry make it property in Jaipur one of the hottest real estate markets in the country. At KGK Realty we have compiled reasons why buying flats for sale in Jaipur is a Smart Decision. If you are looking to purchase flats in Jaipur or property in Jaipur read this blog before deciding.

An ever-flourishing tourist hotspot with massive growth

Pink City, Jaipur is on the list of all tourists in their must-see destination list. The city attracts many tourists every year, and most international visitors to India keep Jaipur on their itinerary.

Famous for its magnificent forts, Jaipur is a well-connected modern city and is steeped in rich culture and heritage. With a well-equipped airport, tourists start and end their tours of Rajasthan at Jaipur. With flourishing tourism, Jaipur has witnessed fast growth in all tourism-allied infrastructures like hotels, restaurants, rented properties, and so on leading to the development of several luxury flats in Jaipur in and around the city like the KGK Realty’s Akshar and Amulya near Mansarovar extension and Jagatpura.

A special economic zone 

Jaipur is today home to several leading international corporations that have triggered the rapid urban expansion of the special economic zone in Jaipur.

The Jaipur- Ajmer highway is home to several large, medium and small scale industries offering employment to lakhs of people from the nearby districts like Bagru. Its home to industries from across verticals including gems and jewellery, handicrafts, paper, leather, pharmaceutical, power looms and fabric. Projects like Solitaire Industrial Park by KGK Realty solve industrial, commercial and residential needs within one project.

Rapid commercial developments

Jaipur is home to several luxurious high-end hotels.

Forts, Havelis, and palaces are converted into world-class hotels, apart from hotels, the city also contains several high-end shopping malls, multiplexes, recreation zones and more. All of these increase the value of the property market of Jaipur, making it a lucrative investment city. 

Upscale residential townships

Jaipur has recently seen the development of several upscale residential areas like Mansarovar Extension, Ajmer Road, Jagatpura, Choki Dhani, and many more. Investors who have invested in flats in Jaipur have witnessed healthy returns in just a few years as Property prices in these areas have seen huge spurge.

Infrastructure Growth 

The government has taken several initiatives to drive economic growth in Rajasthan. The government is investing heavily in the state, by setting up special economic zones, industrial parks, etc with plans of creating Jaipur as a world-class city. Jaipur is also one of the first few cities that have been identified for development as a smart city.

JSCL (Jaipur Smart City Limited) under the smart city mission aims to provide a clean and user-friendly environment while emphasizing the heritage values of the city. Night market, air quality monitoring app, and multi-level car parking are some of the initial projects that are near completion under its smart city program.

The government is further focused on making Jaipur the hub for start-ups, over the past few years futuristic project brings Jaipur on par with other world-class cities. With plenty of urban infrastructure development happening at speedy rates, families are moving to Jaipur for work as they find it quite yet modern, making it a prime real estate market.

Low crime rates

Jaipur has low crime rates compared to the rest of India and even rural Rajasthan and other neighboring cities. With plenty of tourists visiting the city, the city needs to be safe, and with the support of the people of this city, government, and public service departments, Jaipur is one of the safest cities in the state. The crime index of Jaipur is as low as 33.38 and Jaipur has a healthy rating of 52, much higher than nearby cities like Delhi, Gurgaon, and Noida. Furthermore, Jaipur ranks low among the Indian cities for murder, riots, and other crimes.

Purchasing Property in Jaipur for Investment and living

Jaipur the capital city has plenty of factors that work in its favour for investing and even for living. Modern lifestyles along with a traditional vibe and calmness without the exorbitant costs of metros, Jaipur has ample outdoor spaces, growing infrastructure, and plenty of flourishing job opportunities, and that makes Jaipur one of the prime real estate destinations in the country. According to our view, Jaipur is one of the most flourishing cities for Purchasing Property for Investment and living

With economic growth happening throughout Jaipur, property prices in the city are on an upward trend, and purchasing property in Jaipur can provide amazing returns in the next few years.