17/10/2019

The West-side of Jaipur Region

Western Jaipur is the hub of all the political and commercial areas accommodated with large urban population. In this region there are majority of government building, Rajyasabha, Courts and so on. Important localities of this region are Vaishali Nagar, Infotech city, Civil lines, Vidhyut Nagar, Omaxe city, Vatika Infotech city. Civil lines known as major centre which lines the Raj Bhawan. It is very well connected with major roads and highways like Ajmer road, Kalwar road, Sirsi Road. In the west it is surrounded by Ajmer and Nagaur districts. It is well connected with city hospitals, Police stations, all major school, colleges, universities, restaurants, Shopping malls and other major centres. It also have well developed infrastructure majority of builders offering along with various bigger projects. City Palace, Hawa Mahal, Jantar Mantar, Swargasuli Tower, Ganesh Pol gateway, Jantar Mantar, Museum houses known for its magnificent are and architecture placed with unmatchable collections of artefacts, arts and handicrafts. Jantar Mantar is listed as in world Heritage sites.

Major Shopping Destination and Market Locations

Jaipur comprises with major shops, traditional shops selling handicrafts and antiques.
  • Vaishali Nagar:
Sirsi road small market is located there. Gandhi Path is one of the famous colony of Vaishali Nagar. Small market is currently driven with average standard apartments and flats.
  • Sodala:
It is considered as popular shopping destination, as major markets are located nearby to it.
  • Rambagh::
It is landmark to grand palaces; modern business hotels deliver sumptuous cuisine in a royal style. It offers world class modern luxury; warm Indian hospitality attracts visitors from worldwide.
Business Centers
Western area of Jaipur has some of the biggest and renowned commercial and business centers. This area attracts investors and facilitates an opportunity for perfect investment of outside regions like Delhi NCR, and other neighborhood states for township. Some major and big commercial projects are currently running over there from Unique builders, Manglam Group, Anukampa Groups, Unique Dream builders, SDC Group. Kalwar Road is proposed with residential project like as Jaipur- Jodhpur mega-highway is likely to bring more attraction and focus to this location. Luxurious township with all basic amenities located in this region at prime location.
Major Spots of West Jaipur
  • Vaishali Nagar: 
It is one of the most affluent areas in South-western part of Jaipur. It is famous destination for its hand loom mall and varieties of shops for shopping, street food and other stuff. It has all major outlets available like Reebok, Levis, Wrangler, Raymond, and Park Avenue.
  • Ajmer Road:
Ajmer Road is over exploited area currently facing lot of basic facilities issues besides of proper infrastructure that is change in ownership rate that is facing a huge gap of demand and supply.There is inadequacy of water supply and lack of infrastructural support.


Hotels & Hospitals
Western Jaipur region emerges as top hospitals in hospitality industry it is growing rapidly. This area comprises with some of the biggest brand hotels like as Radisson, Mariott, Fortune Hotels, and Holiday Inn and so on.

06/09/2019

Factors affecting Residential Market Development in Jaipur



  • Employment opportunities: In year 2008 Jaipur stand among 31 out of 50 evolved global outsourcing cities. Genpact, Infosys and Deutsche Bank Group Jaipur established their BPO in Jaipur and several other native multinational companies looking out a good business opportunity in Jaipur. India’s giant IT SEZ Mahindra World City in Jaipur with 51 companies have signed MOU for 13.6 billion INR although there is further scope of investment. The SEZ has vast IT es zone enclosed over 750 acres which facilitates broad band and telecom connectivity, range of voices, quality satellite and data solutions.

  • Jaipur city have good connectivity across other regions of country proved as a great benefit to real estate market. Sikar road, Sirsi Road and Kanwar road merged into Ajmer Road and linked Jaipur to other Western parts of India. Tonk Road links Jaipur to South and Central Indian parts, while NH 8 passes through Jaipur and makes it join to rest of North India including Delhi. Whereas Agra road link it as UP state and moreover other eastern parts.

  • The custom use of local flats by residents are low as their prime interest is investing their funds in plots the prime reason behind is business community forms like jewelers, marble traders and so on interpret it as added advantage of flexibility if needed they can be further put into use and it serves as an easy exit option too.

  • Jaipur residents now shift on notion of apartments and soon preparing to moving into these structures.

  • Several investors begin investing in Jaipur from UP, Kolkata, Delhi NRI investors from Kuwait, Muscat, Dubai, US and so on furthermore which enhances improvement of Jaipur in Real estate market.

Metro rail Network:
Jaipur Metro is one of biggest rapid transit project of JDA (Jaipur Development Authority). This project is executed and handled by authority of JMRC. Jaipur Metro Rail Corporation Limited (JMRC) established by Rajasthan government as a wholly run under supervision of state government. Two corridors were planned for this project that is the ‘North South Corridor’ and the ‘ East West Corridor’. The North South Corridor shall be taken up as Phase-II of the project is planned from Ambabari to Sitapura. The East West Corridor being executed as Phase-I of the Project planned from Mansarovar to Badi Chaupar. Right now, this project is undergoing in testing phase and East west corridor is likely to be executed from March 2015. Eventually property rates increased in expected areas once the Metro starts running.
Bus Rapid Transit Service (BRTS):
In the next upcoming year Jaipur BRTS has been anticipated to serve city’s growing traffic needs. Two corridors have been proposed in phase: East-West Corridor” from Delhi Road to Ajmer Road and a North-South Corridor ” from Tonk Road to Sikar Road. In third phase 97.75 km road will link Delhi Road, Sikar Road and Agra road. It may comprises with 6 lane access precisely connect with a 3 lane service road on both sides. The road is envisaged as a signal free and toll free express way.
Dedicated Freight Corridor running through Jaipur:
A 483km long Dedicated Freight Corridor (DFC) rail corridor connecting Dadri near Delhi to Jawahar lal Nehru Port near Mumbai will let high speed connectivity for heavy loads up to 25 tones of double stack trains reinforced by high power pulls.
Delhi Mumbai Industrial Corridor (DMIC):
Nearly 39% of DFC crosses over Rajasthan, A band of 150 km on both sides of DFC must be choose to be furbished as Delhi-Mumbai Industrial Corridor (DMIC). Along this route industrial establishment opportunities has been increased as this corridor will make easily accessible to Rajasthan as northern and western markets. Including 22 districts about 60% area of Rajasthan falls within the project impact area of DMIC.
Other Infrastructural Developments:
The two knowledge cities evolved up by Jaipur Development Authority (JDA) in this region. The knowledge City South, will come up near the satellite town of Phagi. While other comes up in North to meet between the Jaipur-Delhi highway and the Sikar Road near Chaup village. Very soon at Jaipur-Delhi highway JDA will open a Science- Tech City near Achrol planned on 150 hectares of land. This location serves wonderful option to invest in the higher education sector.
Other health care projects like as Bombay Hospital and Reliance Medi city will evolved to medical tourism in the area and provide many prospects. All these developments are probable to upsurge the claim of housing units for the employees who will be shifted to Jaipur.

29/08/2019

How to find the home of your dreams




Today the real estate market is struggling and the prices are sinking specially residential homes. Specifically, it is the right time for those who are looking to buy their dream home.

Yes, buying a home is one of the major investment we make! Sometimes it is very painful to find the home of your dreams. PropertyBull value your stress and comes up with the solution, through our portal you can roundup the lists of real estate agents.

Before you start hunting for your house, make a vision. Make a document which includes the important features that you might consider as a property/house hunter. Such bullet points are:

1. Locality
2. Environment
3. Budget

Trust me by making a vision of your home, you will absolutely find success to buy your dream home. And once you get into your home, is the perfect place to bind your memories. Of Course, you need to follow some mandate steps to fulfill your dream:-

What you need in your home

After buying a house, now the time is to think about what exactly you need in your house and what you are looking for. For example:

  1. How many bathrooms are looked-for?
  2. How many bedrooms?
  3. How does the kitchen interior need to design?
  4. Front or back gate
  5. Big or small garage for your vehicles.
  6. How big should be the living room?
  7. Do you want a balcony with your bedroom?
  8. Etc. There are lot many questions we can think about.


What is your budget

The most important point, your budget. Your financial status will describe your dream home. Once you have made your mind to buy a home, ask yourself are you able to financially stable, if yes go and grab a deal.

The budget is the key and is a wise decision before investment. Stick on your price range and search a home that fits your budget. Analyze your credit scores, your annual salary, expenditures. Invest for future not for today.

Search online & offline

It is stressful when it comes to buying a home. The best option is research as much as you can. Search on online sites like our or look offline by hiring a property dealer or ask your friends, neighbors etc.

Look for neighborhood home

Choose the area that meets your benchmark for office, school, amenities, people living aside etc. Sometimes after living in the new home we discover the shortcomings like parking, electricity or water flow issues. Better to take a test drive first.

To sum up, finding a suitable home is somewhat easier than finding the perfect match. Just a few legwork and good planning can take you to your dream house.

Talk to a professional agent

List out the professional Realtor in your area, speak with them or tell them what type of house you are looking for and what is your budget. Perhaps this to not one of the important points to be considered but if you could not take a decision, take advise from them. As buying a home is one of the biggest investment, you will be making. Try to take help from your friends, relatives or agents (who knows the ups and downs of real estate).

22/08/2019

Tips for First Time Home Buyer


Buying a Home- is the biggest investment you’ll ever make!!
Everyone has a dream to buy their own home and buying a first home can be exciting. It might be your most important investment and sometimes it’s not a certain good investment.
Honestly!! If you are willing to become a homeowner, you should aware of several financial factors of real-estate as it may hurt your future savings.

This article will help you to avoid a few common mistakes as a first-time investor.

1. Ask yourself: Is it a good time for me to become a HOMEOWNER?
2. Find out: How you will be investing.
3. Invest for today or tomorrow.
4. Go for good property agent/portal.
5. Don’t miss out Home Insurance.

Ask yourself: Is it a good time for me to become a HOMEOWNER?

Ask yourself are you ready to buy a home? Do you really want to settle down? Or you are becoming a homeowner just because your friend has bought a home?

Become a homeowner only when you are financially ready and you want to live at least for 5-6 years. At times we feel we are not good decision-maker, so have a second opinion either of your buddy or close member before closing the deal.

Find out: How you will be investing.

Before buying a home, take advice from a good agent or hire a property advisor to invest in big. This is one of the biggest investment you’ll ever make in your life and you need a big loan too. For this many folks go for a mortgage, which is not to be taken lightly.

Think tank and invest according to your needs. For paying a huge amount- you should have a steady job, a bundle of cash or fine credit score.

Invest for today or tomorrow.

It is easier to buy a property that matches your requirements. Think before buying a home, if you have a nuclear family invest in small homes but planning to expand your family, it is preferable to buy a big house. Consider your future need with your home is a perfect match.

Go for good property agent/portal.

Today we are busy with our daily life and won’t get enough time for R&D. Make sure before investment on the home, check out the best property agent for guidance. As if you are not familiar with the real estate market, go for the local property agent. Agents take the responsibility to embody your interest with good financial strategy. Also before meeting an agent know about them like how many homes they’ve sold in the last years.

Propertybull is one of the good portals where you can get tips for first time home buying, how you can find your dream home, different types of home loan, what is the future in real estate in Jaipur? Etc.

Don’t miss out Home Insurance.

Make sure before buying a new home, it is well insured. List out the best insurance provider in your area. Property Bull can help you with this. Our home insurance provider will guide you about property/home insurance.

There are several insurance companies that provide home insurance; you can look for different companies to get the best benefits.