Which is a better area to invest Malviya Nagar or Milap Nagar?

Q: Which area is better for a short term investment and what are the current price trends?

Javed,

6th August 2013

Investment Advice in Malviya Nagar, Jaipur

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Replies (4)

While both the areas are located in south east Jaipur, the return on investments is quite lucrative in a medium to long term ranger. As mentioned by the above user, if you are strictly seeking a short term investment property then Malviya Nagar offers a better choice as it is easily saleable owing to its central location to commercial centers and connectivity to the rest of the city.

Supratim,

6th August 2013

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What about the price range in Malviya Nagar and Milap Nagar ?

Javed,

6th August 2013

Prices in Milap Nagar are between Rs. 2500 to Rs 3500 per square feet while those in Malviya Nagar are between Rs 3500 to Rs 4500 per square feet.

Supratim,

6th August 2013

Thank you Supratim :)

Javed,

6th August 2013

Both Milap Nagar and Malviya Nagar have their pros and cons. It is difficult to choose one area from another. While prices in Milap Nagar are a slightly less compared to Malviya Nagar, the latter is considered to be more uptown out of the two areas

Vivek Kulkarni,

6th August 2013

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Speaking purely in term so short term return on investment for residential property, I would suggest you to go for Malviya Nagar. It is the more up fluent of the two areas and offers better scope for short term gains.

Supratim,

6th August 2013

Comment

What would be the current price range ?

Gurmeet,

6th August 2013

The current price for residential property in Malviya Nagar ranges between Rs. 3200 to Rs. 4200 per square feet .

Supratim,

6th August 2013

And can you tell me about rentals ?

Gurmeet,

6th August 2013

Average rentals for a 2 BHK apartment ranges from Rs. 7000 to Rs 12000 per month depending on the location.

Supratim,

6th August 2013

Thank you for the details

Javed,

6th August 2013

Malviya Nagar and Milap nagar are both located in south east Jaipur. You have not mentioned whether you are looking to invest in a residential property or a commercial one. Both Malviya Nagar and Milap Nagar have a blend of commercial and residential projects.

Vivek Kulkarni,

6th August 2013

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