Ajmer road: A growing residential locality in Jaipur
As deduced by property consultants, Jaipur, the pink city that has come off age, will mark the beginning of a new age real estate market and Ajmer Road (located on the south-west of the city), will be the central protagonist. SEZ in the area, promising ‘bread and butter’ to more than 6000 people in the region, is another factor that will work in favour of the locality in the days to come.
Ajmer road, unlike other localities of Jaipur, boasts of huge townships shaped by acclaimed builders of the country. With adequate water level and national highways that connects to prime destinations like Delhi, the locality has every reason to be tagged as the area with the best property in Jaipur.
Future growth drivers on Ajmer Road
As per the proponents of the Ajmer Road real estate market, the locality will emerge as one of the most developed suburbs of Jaipur in the next 10 years. Being the first six-lane expressway, the locality holds strategic importance, since it serves as the ‘connecting link’ between the financial capital (Mumbai) and political capital of India (Delhi).
According to market experts, the engineering and auto sector in the area is expected to drive the demand for housing units. Furthermore, the Ajmer Road is a DTA area (domestic tariff area), a locality where companies are free to set up their offices and can get access to quality infrastructure and facility. Adding to the credentials of the area, industry experts confirm the fact that an estimated 25000 acres of land will be developed in the area.
Consistent growth of Ajmer road
Over the years, the locality has undergone a complete makeover from an average neighborhood to a modern age residential locality. The modern age development will address the rapidly evolving lifestyle of the people, significantly. In the initial years, it will offer properties in the affordable category and hence, for the Jaipurites and non-Jaipurites it will be a perfect fit for real estate investment.
Higher FSI on account of six-lane highway and free flowing traffic along the highway will act as the special attraction for buyers in this area. Riding on the back of higher FSI, high-rise structure would crop up on both the sides of the road, like the new age towns of Greater Noida and Gurgaon. The locality also boasts of a foreseeable housing demand of more than 2 lakh units and promises a lucrative opportunity for the developers in future. The average price per sq ft for multistorey apartments in the area runs between Rs 2500- Rs 2700.
