Why Jaipur is Worth Investing?

Proverbial as the Pink City, Jaipur has been given a place in the Golden Triangle (apart from Delhi and Agra) for its worthiness as a tourist destination. The rich heritage and tradition of the Pink City has helped it in having an excellent reputation as a tourist haunt. Further, a sudden boom in the city’s real estate sector is experienced because of its economical residential and commercial spaces. As the time passed by, observers witnessed a sudden shift in the focus of Jaipur from its cultural mightiness to technological progress. Resultantly, the Pink City is established as a golden investment.

 

Reasons for Jaipur being a key investment option

 

Jaipur has been the fastest grown city in Northern India. The wide roads, lower levels of encroachments, exotic landscapes and cleanliness are some factors that stand testimony to the city’s growth.

In addition, the Pink City’s social environment is supportive of economic growth, peace and prosperity. Altogether, the economic opportunities and high-class connectivity with highways, international airports and roadways make it a favorable destination for funneling investments.

Several Fortune 500 companies such as McDonald's and Coca-Cola are embellishing the city’s map. Further, the company, which shaped Gurgaon, GE, has arrived in Jaipur. Apart from IT companies such as Wipro and Infosys, various ITES companies are eyeballing the city for expanding their network.

The reason for witnessing fewer chock-a-bloc traffic scenarios in the city is because of a well-planned intercity road network, ample parking space and, of course, civilized people.

The city has several recreational facilities for its natives as well as tourists. For example, a golfer can pass time by teeing off at Rambagh Golf Club. Also, Jaipur’s respected Rajasthan Polo Club is designed for indulging in polo sport.

A great lot of heritage as well as renowned hotels (such as Taj, Oberoi, and the like) can be found in Jaipur.

A special project has been designed by the Government of Rajasthan for the development of the Pink City. The total value earmarked for the project is Rs.1, 530 crore.

Jaipur realty market squarely depends on giving quality spaces at reasonable rates. The spiraling demand of residential spaces in the city has fueled its real estate sector.

 

Some notable infrastructural developments in Jaipur

 

Among its infrastructural developments, the Pink City’s international airport is a noteworthy one. The airport has flights to all the key destinations in India and other parts of the globe.

A Special Economic Zone (SEZ) is soon to be developed in Jaipur. An expansive 3000-bigah-land has been allotted for the development of the SEZ. The SEZ is a joint venture between RIICO and Mahindra & Mahindra.

Jaipur is all set to become a Mega City by the end of 2025, with a population of 10 million residing on 800 square meters of land area.

The city is located on Golden Quadrilateral, which will be upgraded as a National Expressway.

 

Such infrastructural progresses along with peaceful law and order scenario have helped Jaipur to emerge as a booming real estate market. Vatika Infotech City is one such project that can be worth every penny that is invested. VIC in Jaipur has studio apartments that are designed by New York’s leading company