Jaipur is the capital city of the state of Rajasthan. It is a popular tourist destination and is known worldwide for the many tourist attractions it offers. The Pink City has an illustrious history and is a part of the famous tourist circuit that includes Jaisalmer, Jodhpur, Mount Abu, and Udaipur. The city is well known for its forts and UNESCO World Heritage sights. It has been experiencing immense infrastructural growth and economic development lately. It is part of the Smart City Mission and is poised to become a mega city by 2025.
Let us look at why Jaipur is the fastest-growing real estate destination:
Jaipur has been identified as a mega city in the future due to the economic development focus on the city. It is part of the Golden Triangle tourist jaunt with Delhi and Agra. Its proximity to the national capital region makes it an ideal destination for business investment. The city also is a part of the Golden Quadrilateral connecting the major cities of India that will receive special attention in terms of industrial development. All these reasons make Jaipur a hub for employment opportunities. This will boost the demand for apartments in Jaipur and commercial real estate development. Owning a property in Jaipur is a good bet for investors.
The Jaipur metro will improve the connectivity within the city. Metro Phase 1A and 1B will improve the demand for residential real estate along the metro corridor and locations in and around the metro route. The Jaipur BRTS is also an innovative solution to improve the connectivity within the city. It is well connected to major cities in neighboring states by bus services. Jaipur has an international airport connected to all major cities of India and destinations abroad. Many 2 BHK flats in Mansarovar Extension Jaipur are being developed in this upcoming area near the airport.
Jaipur has a flourishing business economy for silver jewelry, gemstones, apparel, carpets, handicrafts, marble and stone items, footwear, engineering products, and so on. The city is getting a mega SEZ (Special Economic Zone) developed by the Mahindra Group.
Original article published at: https://www.ezeebiz.in/benefits-of-investing-in-jaipur-real-estate/