Jaipur, popularly known as the 'Pink City' is one of the most promising real estate destinations in the country today and is considered to possess one of the best infrastructures. Jaipur is all set to make a mark in the realm of economic growth in the country. The Jaipur Real Estate sector is looking very bright. The state government has taken various steps to make the city the next big destination for the Foreign Direct Investments. 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.

Jaipur property prices have shot up over the last couple of years due to an upsurge in demand. This has led to initiatives by developers like Parsvnath, Vatika and Ansal, to set up residential, retail, office and commercial spaces in the city. GE capital has moved into Jaipur and this has paved the way for the entry of a number of IT companies like Infosys and Wipro, which has worked to the city's advantage. Moreover, the real estate in Jaipur is steaming with a suit of mega projects. The largest of them include Mahindra's 3000 acre SEZ (Special Economic Zone), Anil Dhirubhai Ambani Group's (ADAG) Mega City Development Plans, and Hero Honda's Rs 700 crore manufacturing plant.

Jaipur properties today have become immensely popular because of the recent influx of investments in this sector. The reasons for this are manifold - · Close proximity to the national capital, Delhi and NCR regions. · Promising infrastructural base, an example of which is the existent 8-lane expressway · Relatively lower property prices in comparison to adjacent metro cities.

Jaipur has of late become one of the most preferred new destinations of urban living in India. It has emerged as the second-fastest growing town in the country. With better road, rail and air connectivity to the national capital Delhi and other places, this hot tourist destination is now in spotlight as the rising star in the real estate market.

Jaipur real estate builders have developed some integrated townships in the recent years. Some of the developers like Sahara, Vatika and Vian are developing their new projects along the Jaipur-Tonk Highway. To meet the future housing demands of the IT sector employees in Jaipur, a number of residential projects are under way by various big and small Jaipur real estate developers. Commercial real estate development is a big draw for investments in residential real estate sector.

The city's main residential areas like Malviya Nagar, Bapu Nagar and Civil Lines have very high rentals rates. Real estate experts believe it's almost the right time to buy apartments in Jaipur. Most of new development is happening in the areas where the IT companies have been set up.

While increasing number of business houses and IT firms explore Jaipur as a potential business destination, the residential as well as the commercial properties in the city are flourishing like never before. Not only does the city provide various affordable options to reside in but also offers lucrative returns on investment .

The rates of residential properties in Jaipur have grown manifolds in the recent past. The residential values in Jaipur have spiraled by three to four times in the past three years, say industry experts. The residential property which was available for Rs 20-25 lakh in prime residential areas of Malviya Nagar and C-Scheme, some four years back now costs a crore.

Furthermore, with the liberal government policies succor various infrastructural and economic developments the heritage city is trailing its way to be the top notch real estate destination of the country. With Jaipur all set to become an IT destination, the city's residential real estate market is attracting massive investments, from across the country.