What are the future prospects of investing in Jai Ambe colony?

Q: I am planning to buy three BHK residential house. Is it worth investing in these areas? What are the current price trends and good projects to invest.

Gurmeet,

7th August 2013

Buying property in Jaipur

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Replies (3)

How is this place for investment purpose ?

Gurmeet,

13th August 2013

Comment

Jai Ambe colony is a good region to invest in a residential house in my opinion. The area offers good connectivity to other parts of the city and I expect good appreciation in property prices after the Jaipur Metro rail gets functional.

Supratim,

13th August 2013

Yes the market in the region today is a niche market with a limited number of buyers but the low prices offer a good upside for investment purposes. So it is definitely worth investing in my opinion/ Apart from the builders and developers mentioned by the above member, you can also consider residential home projects by Unique Dream Builders, Anukampa, Spytech and Buildcon.

Vivek Kulkarni,

13th August 2013

Jai Ambe colony located in south eastern region of Jaipur city is a niche market when it comes to real estate prospects. There is not much of a downside to invest in a residential property in Jai Ambe colony although certain region like Patrakar colony, Vaishali road and Sirsi road would offer you better returns on investment compared to Jai Ambe colony.

Vivek Kulkarni,

13th August 2013

Comment

If you are seeking o purchase the residential house for your own personal use, it is a good idea to invest in the area.

Supratim,

13th August 2013

How about the price trends in this location ?

Gurmeet,

13th August 2013

The price trends are between Rs 1800 to Rs 2200 per square feet depending on the location.

Supratim,

13th August 2013

You can also consider a resale option if you have planning to buy a residential house. Unique Builders, Mahima Group and Ashiana Housing all have active presence in the area.

Supratim,

13th August 2013

Hi Gurneet,
You are planning to invest money in jaipur thats good idea. locality of jai ambe colony is good as all top most hotel are there and airport is very near but the thing is here you will need to fetch more money than any other area. So I will suggest you to invest in new properties/areas coz from there you will get more return. i will suggest you to invest on Sikar Road because returning % is very good in short time period.
Hope my suggestion will be beneficiary for you.