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Home » Blog » Rajasthan’s best real estate investment hub: The pink city of Jaipur
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Rajasthan’s best real estate investment hub: The pink city of Jaipur

EH
EH
Last updated: 2023/02/09 at 9:45 AM
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The first planned city in India – Jaipur, has always been considered in high regard. Jaipur has always been a city of rich cultural heritage, colorful handicrafts, forts & minarets, and mineral reserves. Well known for its tourism industry(consequently hospitality industry), mineral industry, gemstones industry, and handicrafts industry, the pink city is now adding one more prominent industry to its portfolio – the IT industry.

After being selected as one of the hundred cities under the Smart City Mission, the infrastructural developments as well as digitization has garnered pace in Jaipur. Being close to Delhi-NCR, Jaipur enjoys a special place in investors’ as well as companies’ hearts. Companies looking to expand in North India, definitely look at Jaipur as a prominent destination as it is fresher, has an able workforce, has lesser pollution, lesser population, and lesser property rates – as compared to Delhi NCR.

With major infrastructure developments happening in and around the region, real estate prices in Jaipur are constantly climbing and will continue to do so in the coming future. Major projects that boost(or will boost) the economy of Jaipur are –

  • Delhi Mumbai Expressway – The greenfield expressway will significantly reduce the travel time between Delhi and Jaipur from 5 hours to a mere 1.5-2 hours. The first phase of this expressway is to be inaugurated around 26th January, and the whole project is expected to be live for public use in March 2023.
  • Delhi – Alwar RRTS – The Rapid Rail Transit System is being developed to connect the national capital with other important cities. This will reduce the travel time from Delhi to Alwar from 3.5 hours(minimum time by train) to 104 minutes only. Furthermore, the Rajasthan government is in talks with NCRTC to extend the Delhi-Alwar RRTS to Jaipur in the future.
  • Jaipur Metro – With the first phase already live, Jaipur metro is helping citizens to commute intracity. Further, the Jaipur metro is also expanding to cover more areas. This will lead to easy transport within the city and increased real estate prices.
  • Renewable Energy Mega Powerplant – Rajasthan Government has signed an MoU with NTPC REL(NTPC – Renewable Energy Limited) for the development of a 10 GW Ultra Mega Renewable Energy Power Park in the state. The availability of unusable barren land and ample sunlight throughout the state can lead to major developments in the coming future.

Jaipur Real Estate

With all these major developments happening in and around the city, the traditional standalone homes are also being replaced by housing projects with good architecture, multiple amenities, and hassle-free convenient living.

Ashiana Housing has been substantial in this paradigm shift with ten housing projects launched so far. Ashiana’s Senior Living Homes in Jaipur – Ashiana Utsav was received with much love and is now sold out. Similarly, four of Ashiana’s Premium Homes – Ashiana Greenwood, Ashiana Mangalam, Ashiana Daksh, and Ashiana Rangoli have already been sold out.

Going ahead in Jaipur, Ashiana has launched its latest Premium Homes in Mansarovar Extension. Ashiana Ekansh is well-connected with Ajmer Road, and Ring Road, and all the major amenities are located close by – schools, hospitals, shopping complexes, malls, etc. Built over 8.6 acres of area, Ekanhs consists of 560 residential units in 2, 3, and 4BHK configurations. Ekansh comes with modern amenities like – Jogging Track, Waterbody feature, Miyawaki Plantation, Climbing Wall, Trellis Seating, Forest Walk, Yoga Lawn, Mound, Podium, etc.

Ashiana Ekansh also has an ultra-modern clubhouse with state-of-the-art architecture and is surrounded by 1.6 acres of lush green exteriors. The gymnasium, swimming pool, party hall, badminton court, podium parking, table tennis, deck, and cafe – are some of the facilities of Ekansh Clubhouse.

Registrations for Ashiana Ekansh are open and Ashiana Housing is offering savings of up to Rs. 6 Lakhs. Visit Ashiana’s website for registration and FAQs.

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EH February 9, 2023
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