| While property values in metro cities like Delhi, Mumbai | | | | demand would entail class housing and infrastructure |
| and Bangalore urge corporate to look for alternative | | | | to sustain future growth. And it ultimately points out to |
| destinations to support their expansion plans, without | | | | the major overhaul for the residential properties in |
| escalating operating costs to prohibitive levels, Jaipur | | | | Jaipur. |
| makes a sound proposition. Definitely, Jaipur real estate | | | | At present, national realty majors like DLF, Sahara and |
| has attracted IT companies with its list of advantages. | | | | Ansal have their projects underway in the city. |
| · Proximity to Delhi, and Mumbai | | | | Parsvnath Group, which has its presence in many |
| Owing to its proximity, 258 kilometers, to national | | | | cities of Rajasthan, is developing residential projects in |
| capital city of Delhi, Jaipur is deemed as a potential | | | | Jaipur. Vatika Group is also coming up with Vatika |
| alternative for setting up corporate offices. | | | | InfoTech city that would carry a mix of commercial |
| Nevertheless, the city is predicted as one of the ten | | | | and residential properties. |
| 'Mega Cities of future' in India. | | | | · Property values in Jaipur |
| Jaipur real estate, nevertheless, is steaming with a suit | | | | According to reports, the current capital value of |
| of mega projects. The largest of them include | | | | apartments in prime residential locations of Civil is |
| Mahindra's 3000 acre SEZ (Special Economic Zone), | | | | floating around the levels of Rs 2,500-3,500 per sq. ft |
| Anil Dhirubhai Ambani Group's (ADAG) Mega City | | | | and the rentals are around Rs 9,000-15,000 per month. |
| Development Plans, and Hero Honda's Rs 700 crore | | | | In C-Scheme, another prime residential location of |
| manufacturing plant. | | | | Jaipur, the apartment capital value is Rs 3,000-4,000 |
| International finance major GE capital has already | | | | per sq ft for a 2BHK apartment and the rentals are |
| started its operations in Jaipur while technology major | | | | approximately Rs 8,000- 20,000 per month. Rental |
| viz. Infosys, Cisco, Wipro, HCL, IBM, are exploring | | | | values, at one of the most sought after residential |
| opportunities in real estate markets of Jaipur. | | | | locations of Jaipur-Malviya Nagar, however are |
| Business Processing Outsourcing (BPO) giant Genpact, | | | | moderate at Rs 5,000-Rs 15,000 per month. Good |
| after setting up a huge facility in the city, is also | | | | quality independent houses are also available at the |
| planning to invest around Rs 150 crore in the upcoming | | | | rent of Rs 7,000-Rs 10,000 per month, in the area, |
| IT SEZ in Jaipur. Such kind of commercial activities | | | | brokers informed. |
| have been generating further employment | | | | For more details on jaipur Property, log on to |
| opportunities, and a large number of people are | | | | magicbricks. |
| expected to come to settle in the city. Corporate | | | | |