No announcement yet.

Preferred Destination :: Jaipur


Preferred Destination :: Jaipur

Last updated: April 11 2007
0 | Posts
5472 | Views
  • Time
  • Show
Clear All
new posts

  • Preferred Destination :: Jaipur

    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.
    • Infrastructure Development is the Key to maximize Real Estate Investment Return and Jaipur is the fastest growing metropolis in the country
    • Jaipur Development Authority (JDA) has become a Brand in the Real Estate Sector with revenue of more than Rs. 1000 crores during 2005-06
    • Jaipur is the only city in the northern India with an Approved City Development Plan.
    Locational Advantages
    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
    • Population is set to double to 42 Lacs in 2011 from current 22 Lacs
    • Jaipur is the focus Area of all Major Developers & Builders
    • Corporate demand would require quality housing and infrastructure to support future expansion.
Have any questions or thoughts about this?