Property Investment and rates In Jaipur
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Right Time and Right Place for Property Investment in Jaipur
When you plan to purchase a property for real estate investment, you’ll want to remember that there are 2 methods to make money on the property you have purchased. One is from capital appreciation, where the market price of the property rises, and the other is by renting out your property However, how do you know whether a property is a good investment? Moreover what are the good property investment options in Jaipur. This blog will clear all your doubts in this regard.
Jaipur's proxmity to the capital , and its well connectivity to other parts of the country and world with road, rail and air makes it a hot destination for property investment. Delhi mumbai industrial corridor is a 90 billion dollar mega infrastructure project where Technical and financial help has been taken from Japan. There is a plan to build multi model high excel load dedicated freight corridor. Its 39 percent of the part would be in Rajasthan. By 2013 It is set to have metro rail working which will have 29 stations and is worth 7503 crores INR. It has BRTS or Bus Rapid Transit Service which is unique and one of its kind. It has made the public transportation a pleasureable experience in Jaipur. International Convention center and Golf gourse are also city's pride. In the development phase are Mahindra World city(SEZ) which will be spread over 3000 acres and will have IT parks, industrial zones, LASER zone and residential zone.It has a high profie ring road under construction which is 144.75 kms in length and will have 6 lane excess controlled expressway and 3-3 lanes from other sides for service road.
Tips for property investment in Jaipur:
*Make sure that your property(flat or land) is approved by JDA. Atleast 90b should be there.This is the most important aspect to look into. See that the papers are all clear. When it is the question of your lifetime's earning , you can't afford to take chances.
* Proximity to parks, green areas, open areas, schools, airport, bus stand, railway station, shopping complex is a priority as having them will not only make your life easier in your due stay but would also get you high price when ever you wish to sell or let out on rent.
*If you have few VIP persons staying in your locality, chances are that there would be very few occurences of problems in electicity, drainage, damage or road, street light etc. So if you have property in such a loacality, prices go rocketing.
*Corner and property with Vaastu have always a high priority keeping in mind the fact that Indians arey highly spiritual and have deeply believe in all such. Road width around the house is also a major factor.
*Proabability of future road expansion or buying back of the property by the govt at cheap rates for developmental purposes like broadening 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.
*Proximity to ring road and the likelihood of metro station would be a boon, I need not tell why.
*For a new development check the developers record.Dont trust the glossy catalogues.Always discuss/show property to the entire family even children. You never know they may point out something which you may have overlooked.Be wise and dont rush in with "special - one day" offers...
* If you plan to sell the property at future date than liquidity of property should be kept in mind. Remember it is always easy to sell a smaller plot of land than a larger one because you have more number of people who are your prospective customers would be much more.
*Have a rough Idea of the developmental schemes of JDA.(Jaipur Development Authority). If schemes are nearby your loacality, you get more money with no effort from your side. Very good example of this would be parks.
*If planning to buy flat or penthouse then look at what real estator has to offer. See the terms and conditions properly for parking area and terrace. There have been many cases of fraud in such aspects where the builder fooled many of the clients. Also look into how much he is asking to pay in cash(black money) how much in DDs and checks (White money) .Hardly any transaction is totally in checks.
*Security, water supply, electricity backup, recreational facilities...resale value. People advertise as 15 minutes from airport where the actual distance being some 15 kms and they assume that we travel at the speed of 60 kms/hr which is not at all feasible. So be cautious of such lucrative advertisements.
*See the loan offering banks, this also gives credibility to the property you plan to invest in.
Given below are the currently going on projects which you can look into. I have provided the details loaclity wise....
1.Aastha group koral aastha residensy 550-1370 square feet 1300/- per square feet 9413345764
2.Aastha group aasheesh heights 420-1375 square feet 1700/- per square feet 9413345764
3.Amit colonizers Riya Empire 450-950 square feet 2000/- per square feet 9352544447
4.Anukampa Group Anupkampa residensy 1100-1500 square feet 2400/- per square feet 9214003355
5.Dhanuka Group Sun shine Krishna 1069-1300 square feet 2500/- per square feet 9309215031
6.Guru Shikhar Guru pragya builders 556, 1850 square feeet 1500-1600/- per square feet 9001899855
7.MahaShiv Estate Mahashiva residensy 550-1450 square feet 1800-2000/- per square feet 9887771333
8.Unique Builders Umang 367-1347 square feet 9799997755
Individual House/Villa/Township/Farm House
1.Agrawal Properties Shyam City 100-500 square yard 411/- per square yard 9799999001
2.Agrawal Properties Pink City Nagar 100-500 square yard 1300/- per square yard 9314521808
3.Debok Group Heavens City 100-400 square yard 1825/- per square yard 9352153525
4.DIWAL Indraprashtha Vihar 111-266 square yard 3500/- per square yard 9828528000
5.DIWAL Jaipur extension 111-266 square yard 1400/- per square yard 9828528000
6.Finetech Prime Habitat 200-500 square yard 2700/- per square yard 9352833333
7.G-9 Colonizer Manokamna Global City 111-311 square yard 1800/- per square yard 9314099902
8.Mahashiv Estate Rajiv Nagar 166-1000 square yard 3600/- per square yard 9887771333
9.Manglam Build Developers Kanak Vatika 150-300 square yard 4500/- per square yard 9829044274
10.Mahasihv Estate Mahashiv Enclave 67-1000 square yard 1400/- per square yard 9887771333
11.O.K. Plus Group Vishram Vatik-1 1000-3000 square yd. 1500/- per square yard 9929000011
12.Sanjeevani Build Estate Sanjeevani Paradise 50-500 square yard 1500-1700/- per square yard 9351366616
13.Sanjeevani Build Estate Sanjeevani Greens 50-500 square yard 800/-1000/- per square yard 9351366616
14.Shree Khatushyam Estate Golden City-3 100-500 square yard 1.5-6.5 lakh rupees 9001093337
15.Shree Khatushyam Estate Golden Enclave 100-500 square yard 1.5-7.5 lakh rupees 9001093337
16.Shree Khatushyam Estate Golden Park 100-500 square yard 2-10 lakh rupees 9001093337
1.Aastha Colonizers private limited Aastha Pride 600-1115 square feet 1650/- per square feet 9887201272
2.Aaradhna Buildtech Bhavya Paradise 1266-1340 square feet 1699/- per square feet 9829288113
3.Mahima Group Panorama 1086-2122 square feet on request 9828119192
4.Aaradhna Buildtech Bhavya Joy 1660-1790 square feet 1499 per square feet 9829073498
5. O.K. plus group O.K. plus venus 1000-2000 square feet 1700/- per square feet 9928000081
6.Paradise group saaktik paradise 600-1600 square feet 2150/- per square feet 9983501234
7.Unique Builders Unique Tower 1230-1637 square feet 9928658000
1.O.K. Plus Group Mehandipur Residency 450 square feet 6,91,000/- 9929488999
1.Amit Colonizers Shyam Sarovar 125-272 square yard 2000-3000 per square yard 9352544447
2.A.R.G Group A.R.G. Puram 52.5-130.33 square yard 12.25-24.25 lakh rupees 9799222555
1.Aastha Group Aastha SEZ view 1425-1600 square feet 1400/- per square feet 9413345764
2.Anukampa Group Hanging Garden 1045-1630 square feet 1750/- per square feet 9928063634
3.Anukampa Group Omega 715-975 square feet 1400/- per square feet 9928063637
4.A.R.G.Group Divine Enclave 630-1522 square feet 1700/- per square feet 9799222555
5.Arihant Builders Arihant Residency 660-1665 square feet 1800/- per square feet 9785013013
6.Arihant Builders Arihant Enclave 1015-2300 square feet 1800/- per square feet 9829713013
7.Mahima Group Desire 786-1303 square feet On Request 9828119192
8.Mahima Group Nirvana 1830-4600 square feet On Request 9828119192
9.Metro polis Metropolis Tower 1500 square feet 2600/- per square feet 9928008059
10.Rameshwari Buildcon Rameshwaram 657-1475 square feet 1650/- per square feet 9829068790
1.Agrawal Associates(dealer) Mahindra SEZ 50-1200 square yard 2850-6500/- per square yard 9829610077
2.Anukampa Group Celebrity Homes 1630-2100 square feet 1650/- per square feet 9214003392
3.Basera Properties(dealer) Mahindra SEZ 50-1200 square yard 2850-6500/- per square yard 9982053088
4.Manglam Build Developers Aangan The Villa 1400 square feet 25,00,000 INR 9928038069
5.O.K. Plus Group Vishram Vatika-2 1000-3000 square yd 1000/- per square yard 9929000011
6.Shivam Properties(Dealer) Mahindra SEZ 50-1200 square yard 2850-6500/- per square yard 9928030474
1.Anukampa Group Genesis 560-637 square feet 2400/- per square feet 9214003392
2.Desire infra developers Palm wood 1400 square feet 1500/- per square feet 9928008039
3.Joy Bharat Group Royal Green 1098-1445 square feet 20.5-27 lakhs 9950300005
4.Kiran Upasana Rosewood Apartments 9929599980
5.Mangalam Developers Grand Vista 1600 square feet 1700/- per square feet 9928008034
6.O.K.Plus Group O.K.Plus Gokul Dham 500-1500 square feet 1550/- per square feet 9928000081
7.O.K.Plus Group O.K.Plus Green Heights 645-1600 square feet 1700/- per square feet 9928000080
1.Mangalam Build Developers Kanak Vrindavan 150-300 square yard 6000-10000/- per square yard 9928008034
Location-Kalwad Road(Individual House/Villa)
1.Mangalam Township Mangalam City 150-300 square yard 5000-8000/- per square yard 9829044274
2.SukhSagar SukhSagar Enclave 123-355 square yard 4400-4800/- per square yard 9314509301
3.Unique Builders Samanvaya 1650 square feet - -
1.Athina Athina 2000-2750 square ft. 4500/- per square feet 9829014471
2.Ishamisha Group Prime Paradise 1100-1600 square ft. 4600/- per square feet 9829078297
3.Mahima Group Iris 1137-2281 square ft. On request 9828119192
4.Mahima Group Elite 1233-3676 square ft. On request 9828119192
5.Neel Kanth Constructions South End Homes 1000-1800 square ft. 1800/- per square feet 9929091221
6.O.K.Plus Group O.K.Plus Empress 2300 square ft. On request 9929000011
7.Siddha Housing Pvt. Ltd. Siddha Regal 1275-1690 square ft. 3400/- per square feet 9929110110
8.Unique Builders Shaurdool 509-745 square feet 9799997753
9.Unique Builders Arawali 1734-1914 square ft. 9799997753
1.Naresh Parwani(Dealer) Triton Mall Mini Shops 9829056121
1.Anukampa Group Royal Sapphire 480-600 square feet 1720/-per square feet 9928063637
1.Manglam Build Developers Manglam Vihar 150-300 square yard 3500-4000/- per square yard 9928008035
In case of any query or questions.....you are encouraged to post them here and they will be duly answered.
© 2011 Kunal Rahar
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