Jaipur strategic location near to Delhi and Gurgaon is the key driver of city’s real estate. The city is seeing emergence of Peripheral Business Districts (PBD) such as Jaipur-Ajmer expressway which is gaining popularity among buyers, end-users and investors in recent past. The six-lane Jaipur Ajmer expressway is the fastest growing hub of Jaipur after Sikar Road and Agra Road. “The expressway is seeing growth of new residential and commercial projects in Farm House, Residential Land And Shop,” says Mis. R. K. Tiwari of Veeshal City Builders Pvt. Ltd. The property values have noted a 12-15 per cent escalation in past six months, however, the number of inquiries increased by up to 25 per cent during the same period. Coming of IT/ITeS industries in neighbourhood is the main reason for the appreciation in realty market. Opening up of companies such as Infosys, Wipro, Tech- Mahindra, Genpact etc have also contributed in the enhanced demand and henceforth value appreciation”.
Posted on: Sun, 10 Nov 2013 07:02:14 +0000
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