JaipurMetrot Rail

Jaipur, popularly known as the ‘Pink City of India’ is the capital of Rajasthan. This royal city, even today is considered to have the best-planned road infrastructure among many places in India. However, the skyline of Jaipur is also changing with times. And this is justified with the co-existence of the majestic monuments of the Raj and the most modern architectural galore of the present.

Like all other upcoming cities in India, Jaipur is also set to make its own statement in the economic growth of the region. As far as Jaipur real estate is concerned, the scenario is looking quite upbeat. To help it achieve its goal, the state government is taking initiatives like strengthening infrastructure and promoting IT & ITES policy in the city, considered the most comprehensive way of redefining financial growth.

As Jaipur real estate gears up to present itself in its new avatar, there has been a large influx of investments in this sector. Its close proximity to Delhi and the National Capital Region (NCR) – considered the epicenter of growth is one of the credible factors for the corporate sectors eying Jaipur as a possible hub in the face of growing congestion in the metros. Apart from being a promising infrastructural ground, the property prices of Jaipur is comparatively lower than the adjacent metro cities.

Besides, Jaipur’s easy connectivity to the prominent Indian cities and international destinations makes it a favorable business destination. Proposal for a SEZ in Jaipur and IT giants Wipro and Infosys showing interest for investing in the city is a clear indication of the changing trends in the city’s economy. As IT and BPO industry continue to flock into the city, there has also been an inflow of large workforce, creating a dearth of residential spaces in the city.

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