Rajasthan is experiencing an unprecedented real-estate boom, and the recent decision of the Government of allowing FDI and setting up real estate mutual funds or real estate investment trusts have further given momentum to investments in the sector.
In Rajasthan, Real estate market offers commercial and residential spaces that are fairly priced and conveniently located thereby catering to demanding requirement of a property buyer.
Leading Real Estate Investor in Rajasthan
Reasonable land prices and good policy environment have also attracted many leading real estate companies to Rajasthan.
Delhi-based builders Ansals, Vatika, Omaxe, Emaar MGF, Gold Souk and Parsvnath have launched a slew of residential projects in and around the various cities of Rajasthan. Many local developers like Narvik Nirman, Narayan group are also developing residential apartments here.
Realestate Aspect of Jaipur
Jaipur’s proximity to Delhi is a boon to the city. Jaipur is now being considered as an alternative city just like Gurgaon, Faridabad and Ghaziabad. Hence, Jaipur is the first choice for those corporate houses that want to spread out of Delhi and want to explore India’s west-zone.
Real estate development in Jaipur has reached astounding heights as property developers from across the country coming here for investing.
As per the data showcased by the Jaipur Development Authority (JDA), the population of the main city, which is 19, 00,000 is poised to grow to 48, 00,000 by 2011. This will create a high demand for residential properties in the city.
