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Phulera, Jaipur (Plots): Is Phulera good place for long term investment

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Phulera, Jaipur (Plots): Is Phulera good place for long term investment

Last updated: July 8 2012
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  • Phulera, Jaipur (Plots): Is Phulera good place for long term investment

    I want to invest near Phulera, Jaipur in a plot. With the oncoming DMIC project and the declaration of Phulera Railway Station as one of the stops for trains, it may be appreciated that the land prices are going to go high. Maybe around ten yrs from now. At present I have offers from INR 1,100 to INR 1,600/ per sq yard inclusive of registration charges. They are walled and gated projects, with road construction and clear demarcation of plots. However, Ninety-b or JDA approval is not available at the moment. Is it worth risking a small amount, lets say one to two lacs and buy a plot as long term investment? If yes, what are the documents i shall be looking at ? What do u suggest as the possible future prospects neat Phulera, adjacent to Sambhar Lake and State Highways two and fifty seven?
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