INVEST IN JAIPUR - Carefully........

Jeetendra · 05-07-2008

It is a good time to invest right now in The Pink City. BUT....

Be wise.

All estate agents are liars. Whether the property is new or old do your home-work properly before finalising anything.

Dont buy from the heart, buy from the head. (your head will never give you wrong advise - the heart is foolish and sentimental)

Some of the agents are good - some are rogue.

For a new development check the developers record -
Do they have any other completed development?
Have they been established long?
Do they build only locally or nationally as well?
Negotiate on the price and if builder/developer doesnt agree then walk away from it and think over it.
Dont buy in private. Always discuss/show property to the entire family even children. You never know they may point out something which you may have overlooked.
Check several developers. Check out the local scenario.

Dont trust the gloassy catalogues at all.

Always remember the good developers are very few and they would have established a long time. New ones come and go.

Jaipur is a hot spot for now and all major developers have already bought land and will start to build once they have received enough interest to justify building.

Currently as I see it, outside the city, developments are many but actual build is not there.. This is a cause of concern as when this happens you are not sure about the true value of your purchase as well the mental agony you go through wondering why the build is not taking place and whether it will even happen at all or no?

Jaipur's infrastructure is very poor and the city is mis-managed (just like the rest of India) by the babus. Though some development has taken place but this seems to be only like a bubble case.

If all the authorities come together and co-operate on the issue (main problems - water and electricity just like rest of India) then JPR can become bigger than Delhi.

The current airport resembles a 60s building (in comparison to international standards).

The trucks still pass through one of the major roads in JPR.

Water and electricity still pose major headaches for the population as it expands.

The reason everyone is coming here is because it has been left untouched by mass integration so far.

This was a small city which is now being groomed to go into the big league. Several highways have been planned and a major ring road is under construction.

There are only a few shopping centres on par with the other metropolitan cities and there is room for growth.

Some developers are charging market rates for apartments but do check the location as some outside the city are in farming areas so outside your window you may see only farms and nothing else.

Be wise and dont rush in with "special - one day" offers....

ritu agwekar · 05-07-2008

Its good to know that Rajasthan is developing , but it hurts that in a very short span of time it would also join the creed of concrete jungles as we have been witnessing in other parts of India.In the process of development it is therfore very essential for the Planning Authorities to do their home work very well before sanctioning of Projects, whether Commercial or Residential. Rajasthan, after all, has a very rich cultural heritage and we all should endeavour to protect its histiorical significance as well ,whilst progressing.

realtyrider · 05-21-2008

Jaipur the capital city of the northern Indian state of Rajasthanis one of the most vibrant and colourful cities of India. It is 12th largest & fast growing metropolitan of India. It is one of the wealthiest cities of India both in heritage and money. Famous for its colourful culture, forts, palaces, and lakes the city basks in the glory of a rich and eventful past and also a traditional trading hub in north India for jewelry, textiles, minerals, precious stones etc.Jaipur is a prominent real estate investment destination for businessman/services personnel/from all across Rajasthan and affluent marwaris settled all across India.City is poised for a spectacular round of overall growth backed by growth in tourism, IT friendly policies of the government that has resulted in call centers/BPO operation setting us base there as well as plans by software majors setting up base, benefits that accure to Jaipur being the capital of the state due to the overall industrial development in the state, largest and the most developed city in the proximity of the NCR, growth and the impending increase in demand of quality real estate shall boost prices in residential & commercial developments. Jaipur is around 258 kms from Delhi, 232 kms from Agra, 405 kms from Udaipur and 1202 kms from Mumbai. and also well connected by Air, Road, and Rail.

Jmerchant · 06-01-2008

What are you thoughts regarding the Mannat1 project called My Haveli located on 14 KM Ajmer Rd? What about Unique Builders?

realtyrider · 4 Weeks Ago

Booming markets invariably bring with it unsavory people, who try to make some quick money through dubious methods. This is more or less the state of India’s property market at this point of time. There are developers who sell the same piece of land to number of customers and there are those who sell land without clear titles or mandatory permissions from the authorities.
There are many fly-by-night operators and others in the unorganized sector who indulges in such fraud. So what should a buyer do? I would suggest buyers to investigate the background of any developer thoroughly. Believe me, if you are not careful, your life’s savings could be at risk.

05-07-2008	#1
Jeetendra Junior Member Join Date: May 2008 Location: Dubai Posts: 3	INVEST IN JAIPUR - Carefully........ It is a good time to invest right now in The Pink City. BUT.... Be wise. All estate agents are liars. Whether the property is new or old do your home-work properly before finalising anything. Dont buy from the heart, buy from the head. (your head will never give you wrong advise - the heart is foolish and sentimental) Some of the agents are good - some are rogue. For a new development check the developers record - Do they have any other completed development? Have they been established long? Do they build only locally or nationally as well? Negotiate on the price and if builder/developer doesnt agree then walk away from it and think over it. Dont buy in private. Always discuss/show property to the entire family even children. You never know they may point out something which you may have overlooked. Check several developers. Check out the local scenario. Dont trust the gloassy catalogues at all. Always remember the good developers are very few and they would have established a long time. New ones come and go. Jaipur is a hot spot for now and all major developers have already bought land and will start to build once they have received enough interest to justify building. Currently as I see it, outside the city, developments are many but actual build is not there.. This is a cause of concern as when this happens you are not sure about the true value of your purchase as well the mental agony you go through wondering why the build is not taking place and whether it will even happen at all or no? Jaipur's infrastructure is very poor and the city is mis-managed (just like the rest of India) by the babus. Though some development has taken place but this seems to be only like a bubble case. If all the authorities come together and co-operate on the issue (main problems - water and electricity just like rest of India) then JPR can become bigger than Delhi. The current airport resembles a 60s building (in comparison to international standards). The trucks still pass through one of the major roads in JPR. Water and electricity still pose major headaches for the population as it expands. The reason everyone is coming here is because it has been left untouched by mass integration so far. This was a small city which is now being groomed to go into the big league. Several highways have been planned and a major ring road is under construction. There are only a few shopping centres on par with the other metropolitan cities and there is room for growth. Some developers are charging market rates for apartments but do check the location as some outside the city are in farming areas so outside your window you may see only farms and nothing else. Be wise and dont rush in with "special - one day" offers....

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05-07-2008	#2
ritu agwekar Member Join Date: May 2008 Posts: 8	Its good to know that Rajasthan is developing , but it hurts that in a very short span of time it would also join the creed of concrete jungles as we have been witnessing in other parts of India.In the process of development it is therfore very essential for the Planning Authorities to do their home work very well before sanctioning of Projects, whether Commercial or Residential. Rajasthan, after all, has a very rich cultural heritage and we all should endeavour to protect its histiorical significance as well ,whilst progressing.

05-21-2008	#3
realtyrider Senior Member Join Date: Apr 2008 Posts: 101	Jaipur the capital city of the northern Indian state of Rajasthanis one of the most vibrant and colourful cities of India. It is 12th largest & fast growing metropolitan of India. It is one of the wealthiest cities of India both in heritage and money. Famous for its colourful culture, forts, palaces, and lakes the city basks in the glory of a rich and eventful past and also a traditional trading hub in north India for jewelry, textiles, minerals, precious stones etc.Jaipur is a prominent real estate investment destination for businessman/services personnel/from all across Rajasthan and affluent marwaris settled all across India.City is poised for a spectacular round of overall growth backed by growth in tourism, IT friendly policies of the government that has resulted in call centers/BPO operation setting us base there as well as plans by software majors setting up base, benefits that accure to Jaipur being the capital of the state due to the overall industrial development in the state, largest and the most developed city in the proximity of the NCR, growth and the impending increase in demand of quality real estate shall boost prices in residential & commercial developments. Jaipur is around 258 kms from Delhi, 232 kms from Agra, 405 kms from Udaipur and 1202 kms from Mumbai. and also well connected by Air, Road, and Rail.

06-01-2008	#4
Jmerchant Junior Member Join Date: Apr 2008 Posts: 2	What are you thoughts regarding the Mannat1 project called My Haveli located on 14 KM Ajmer Rd? What about Unique Builders?

4 Weeks Ago	#5
realtyrider Senior Member Join Date: Apr 2008 Posts: 101	Booming markets invariably bring with it unsavory people, who try to make some quick money through dubious methods. This is more or less the state of India’s property market at this point of time. There are developers who sell the same piece of land to number of customers and there are those who sell land without clear titles or mandatory permissions from the authorities. There are many fly-by-night operators and others in the unorganized sector who indulges in such fraud. So what should a buyer do? I would suggest buyers to investigate the background of any developer thoroughly. Believe me, if you are not careful, your life’s savings could be at risk.