Future prospects of investment in C-Scheme Jaipur
C-Scheme located on the northeastern to central axis of Jaipur is one of the most well known residential areas of the city. C-Scheme offers a perfect mix of commercial and residential real estate development with a large number of domestic builders having a host of ongoing and upcoming projects in the vicinity. C-Scheme along with areas like Patrakar Colony and Jagatpura form the modern Jaipur also known as New City. This changing face of urban Jaipur is strikingly district and different from the old walled city or Pink City.
The majority of residential space in C-Scheme compromises of high end bungalows and independent houses while commercial development remains a strong point of the region. C-Scheme is one of the most well known residential locations in Jaipur. The prices are at a premium mainly because of its good clean neighborhood and lack of many high rise developments. The area is witnessing a slow increase in low rise apartments offered by domestic builders although majority of the area had independent houses and bungalows. The prices are between Rs. 8000 to Rs. 12000 per square feet depending on the location. The average rental prices for a 2 BHK apartment in c-scheme ranges between Rs.25, 000 to Rs. 30,000 making it a lucrative investment destination.
With a growing commercial center, C-scheme is well connected to organized retail chains and including Axis Mall and Silver Square as well as schools, hospitals and shopping malls. C-scheme is well connected to all other parts of Jaipur including the old city and has a well developed civic infrastructure with wide roads, free spaces and good drainage systems.
The only downside of investing in C-scheme is the higher price range and investors with medium size budgets are looking at other regions offers equally lucrative investments. Overall prices in c-scheme are always going to be a tad higher compared to other areas due to its intrinsic advantage and central location.