Investing money in real estate is a critical financial decision. Inappropriate places for such investments can easily waste an investor’s money. However, in India, certain cities emerge as shining gems in the market. One such gem is the capital of Rajasthan, Jaipur. It holds a special place in the hearts of several individuals due to its rich heritage and culture. However, the Pink City has become more than just a tourist place. It is moving towards becoming an innovative and developed city, making it one of the best options to invest in real estate.
In this post, the readers will learn some of the most critical factors that make Jaipur’s real estate worth investing in.
Why choose Jaipur’s real estate?
Jaipur has always been appreciated for its culture, forts and other monuments, making it one of the busiest tourist places. However, it has become more than just a city with a rich culture. The advancements in its IT, industrial and other business sectors are attracting numerous individuals from across the country to make a living here. It has become more of an employment hub. However, these individuals often get confused about whether to buy a home here and bid farewell to a rental home. Below are some convincing reasons that will eradicate this confusion and justify how buying houses or flats in Jaipur can benefit homebuyers or investors.
Advancing economic zone
One of the first reasons that make buying a property in Jaipur fruitful is its thriving and constantly developing economic zone that houses top MNCs. Some leading MNCs in Jaipur are General Electric, Coca-Cola, Mahindra Group and Infosys. In addition to this, the city has a vast industrial zone that houses several industries of differing scales. These industries are from varying verticals like electronics, gems and jewellery, electrical, engineering, handicrafts, pharmaceuticals, paper, power looms and leather. These companies and industries contribute towards increased city employment opportunities, eventually enhancing Jaipur’s property value.
Quality education is one of the first aspects a family looks for before buying a home in a city. Jaipur fulfils this need aptly, as it has some of the best schools and colleges. The city has several day and boarding schools known for providing quality education. Additionally, it has some of the best higher education institutions like the Rajasthan University, SMS Medical College, Amity University, Bharti Vidyapeeth College and Jaipur National University. The availability of high-quality education attracts numerous families from small cities and towns to shift to Jaipur. This increase in population is resulting in a rise in the demand for residential properties, which is enhancing the property prices in this city, making it worth investing in the city’s real estate.
Low crime rates
Jaipur is comparatively safer when compared to its neighbouring cities. Even with a high tourism rate, the city is one of the safest ones in the country. It does not come in the list of cities ranking top for riots, murders, attempts to murder and other violent crimes. In addition to this, the city is also safe for health due to low pollution. High safety and security constantly attract individuals to stay here, increasing property prices.
Well-connected to the rest of the country
Another crucial factor that makes it worth investing in Jaipur’s real estate. It is located at the junction of three significant national highways connecting it to various parts of the country. These national highways are the NH 8, 11 and 12. The first one, NH 8, connects Delhi to Mumbai, passing through Jaipur, while NH 11 connects Bikaner to Agra via Jaipur. The third highway, NH 12, connects Jaipur to Madhya Pradesh. Additionally, it has one of the busiest railway and bus stations, making commuting to other cities and states convenient. The air connectivity of the city is also developed with regular flights to significant parts of the country.
In the end
Finding the right place and time to invest in real estate is crucial. However, if you plan to invest in the top residential projects in Jaipur, there is no wrong time. The city offers several fantastic opportunities for investors and homebuyers to get the worth they deserve for their investments. From budget-friendly flats to luxurious villas, it suits every individual’s needs and budget. If you are convinced to invest in the real estate landscape of Jaipur or wish to buy home in Pune and are looking for convenient options, websites like Home4us can present you with some of the best ones based on your preferences.