Tonk Road one of the fastest growing suburban areas of Jaipur

Tonk Road located in Southeastern part of Jaipur city is one of the fastest growing suburban areas of Jaipur. With an impressive lineup of real estate projects amid open land spaces, Tonk Road is witnessing a great interest in terms of real estate development both by the builders and investors alike. The well planned Tonk Road running parallel to the Jagatpura area offers very good civic infrastructure making it one of the potential growth areas in the medium to long term.

The proposed ring road conceived by Jaipur’s Public Works Department (PWD) is working on the first phase of 47 Kms expressway linking Tonk Toad to Ajmer Road and Agra Road. The Jaipur Bus Rapid Transit Service project is also working on its plans to build the north-south corridor linking Tonk Road to Sikar road. Once these two projects get operational, the area is bound to witness a massive appreciation in real estate prices.

The only downside for Tonk Road as of now is that builders are planning projects which seem to be a little far from the Jaipur city center. The ring road and bus transit system is going to offer the long term solution making Tonk Road a good area to experience urban living at its very best. As of now the average residential prices in Tonk Road are ranging between Rs. 1700 Rs. 2200 per square feet. The average rentals for a 2 BHK apartment are between Rs. 4000 to Rs. 6000 depending on the location.

The wide availability of freehold open spaces in Tonk Road has made it one of the few regions offering high rise development projects. Various domestic and pan India builders are active in the area. Tonk Road offers a good upside in the medium to long term and the current prices offer a very good prospect for investors.