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Jaipur has lately become one of the most preferred destinations of urban living in India, emerging as the second-fastest group town in the country after Bangalore. Riding high on road, rail and air connectivity, this hot tourist destination is now in spotlight as the rising star in real estate.
The Rajasthan government has taken various steps to change the current scenario of the city and make it the next big destination for the Foreign Direct Investments and eventually transform the city from once heritage city to a brand new hi-tech city. These include widening and improvement of major roads with flyovers and railway over-bridges, regularization of residential colonies on agricultural lands and improvement of overall infrastructure. An ambitious Rs 550-crore project to strengthen infrastructure was undertaken with the assistance of Asian Development Bank to improve sewerage, water supply, roads etc.
Jaipur is seriously viewed as alternative to Gurgaon and projected as one of the ten Mega Cities of Future. Being strategically located on at 3-4 hrs drive from Delhi on Delhi-Mumbai Highway, Jaipur is seen as place to Delhi, what Pune is to Mumbai. The city also has Direct Air Connectivity to number of countries. Mega Projects in pipeline Five Star Hotels - Lining up. Taj, Hyatt, Raddisson, Hilton etc. Mahendra’s SEZ on 3000 Acres - Ajmer Road, Ring Road - All Around Jaipur, IT Corridor, Film City, Knowledge Corridor, Gems corridors, Sports City – Achrol, International Airport – Shivdaspura, World Trade Park, Med-Tech City, International Convention Centre (Rs.300 Cr.), International Golf Course, METRO Connectivity on Ring Road, Corporate and Institutional focus is the real signal of Future Growth. Reputed Indian Corporates and MNCs rushing for Jaipur Mahindra’s 3000 Acre SEZ, Anil Ambani’s Mega City Development Plans, Hero Honda is setting up Rs. 700 crs. Plant, GE capital has already started its operations, Infosys, Cisco, Wipro, HCL, IBM, Daksh, Hinduja TMT etc. are exploring the possibility in Jaipur. Availability of educated and skilled manpower adds to its potential. Invest Early to multiply investments
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