Being a leading name in Tier II cities,
Jaipur has become a hotbed of the real estate market. The rising popularity of
Jaipur’s real estate market is due to a number of factors such as noteworthy
infrastructural development, proximity to Delhi, presence of several real
estate giants, to mention a few.
Many real estate experts are of the
opinion that infrastructural development of the city will experience a rise as
real estate developers are bringing myriad high-rise projects. Other factors
that sight the growth of infrastructure in the Pink City are Ring Road, Metro
Rail, NH11, and the likes. Ideal locations in Jaipur where investments can
yield higher ROIs are Vivek Vihar, Shyam Nagar and Mansarovar.
Statics reveal that there is at 15 per
cent to 20 per cent appreciation rate for property in Jaipur Shyam Nagar. Make sure that your property is approved by
JDA(Jaipur Development Authority). At least 90b should be there.This is the
most important aspect to look into. Corner and property with Vaastu have
always a high priority keeping in mind the fact that Indians are highly
spiritual and have deeply believed in all such.
The proabability of future road expansion
or buying back of the property by the govt at cheap rates for developmental
purposes like to broaden of highways with more lanes or opening up more metro
station etc. If such is the situation your property rates can come down very
steeply. Have a rough Idea of the developmental schemes of JDA. If
schemes are nearby your locality, you get more money with no effort from your
side.
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