The Pink City to get into the color of Industrialization

Jaipur - Tuesday, January 31, 2012 11:19:53 PM

This famous city is the capital of Rajasthan and has earned universal renown as the “Pink City ", and pink it is, with beautiful constructed palaces, havelis and forts Jaipur which means the city of victory was built exactly 273 years back and is 262 km by road from Delhi (Capital of India).

From Delhi, there is a direct and well-maintained road to Jaipur, and also through rail like Shatabdi Express and Pink City Express both from Delhi. City is connected to most of the tourist destinations in Rajasthan as well as Agra. Jaipur is part of the Golden Travel Circuit of India that includes Delhi, Agra, and Jaipur. Most of the tours are conducted either through the buses or trains.

Jaipur district is a centre for both traditional and modern industries. It is famous as largest exporter of gold, diamond and stone jewelery in Asia and the only city finishing blue diamond, or tanzanite, in the world. Jaipur also has Reserve bank of India and many other prominent international banks. India's largest integrated IT SEZ Mahindra World City is located in Jaipur.

Major industrial areas includes
Bagru, Bassi, Bais Godam, Bindyaka, Dudu, Hirawala, Jetpura, Jhotwara, Kaladera, Kanakpura, Kartarpura, Malviya Nagar, Phulera, Renwal, Sanganeer, Shahpura, Sitapura, Sudarshanpur and Vishwakarma.

Real Estate Industry in Jaipur
Jaipur is sincerely viewed as an alternative to Gurgaon and it is anticipated as one of the ten mega cities of future, in India. Considering that corporate and institutional focus is the actual indicator of future growth, Jaipur real estate is surely on a spin.

The better infrastructure in connectivity with the 8-lane expressway and proximity to international airport is also a major contributor to the popularity of Jaipur as an investment destination.

As corporate demand would require quality residential properties and infrastructure to support future expansion, Jaipur is witnessing a horde of such projects both by local as well as metropolitan city-based real estate developers like Narayan group, Narvik Nirman, Omaxe, Suncity, Unique group, DLF, MGF, Vatika, Ansals, Parsvnath have bidded for developing residential, retail and office spaces in Jaipur thereby taking the citys real estate to unparallel heights.

Moreover, Jaipur as a real estate prospect is growing with leaps and bounds. The realty graph in the city shows a capital growth of 5 to 7 percent in the last one year and believes to improving further more and more with the time.

2019 RealPropertyIQ