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Real Estate Projects in Jaipur
Latest Projects in JaipurCommercial real estate in Jaipur is quite vibrant. The capital rates are far less as compared to Delhi and Mumbai and perhaps that’s why an impressive array of business organizations is looking to Jaipur as a potential commercial hub. Primarily driven by hotel and retail markets, the commercial properties in Jaipur are on an upswing. According to estimates, Jaipur faces a shortage of more than 2,000 hotel rooms during the peak tourist season, leaving room for hoteliers to expand on their projects here. Meanwhile, some major development projects are on in prime commercial areas of Vidhyadhar Nagar and MI Road along with a dozen shopping malls in different stages of construction. The city, at present, boasts of a 5-lakh sq. ft Crystal Palm mall in C-scheme, 3-lakh Crystal Court Mall at Malviya Nagar, and a 1-lakh sq ft Crystal Mall at Bani Park among the prestigious projects. Gaurav Tower and Savitri Towers at Malviya Nagar and Cityplex on Tonk Road follow suit. Major Projects:
Residential Real EstateThe housing and residential real estate segment in Jaipur is growing from strength to strength. Several projects are undergoing construction at sought-after residential locations of C-Scheme, Tilka nagar, Malviya Nagar, Civil Lines and Bani Park. According to industry insiders, not just end-users but investors are also pumping money into Jaipur’s residential projects keeping in view the city’s high-growth potential. Flats or apartments are generally available in the range of Rs 4-lakh and Rs 25 lakh in these areas while decent absorption rates is observed for luxury penthouses at C-Scheme at Rs 60-lakh plus. Major Projects
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