Which area could be best in terms of maximum return for 5 years horizon?

Q: I am looking to invest in Jaipur real estate for 5-7 years... which area could be best in terms of maximum return?
Also EMR MGF Jaipur Green plots .. is it a good opportunity to grab?

Manoj, Dholpur

16th August 2013

Investment Advice in Jaipur

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Replies (3)

Good to know that you are planning to invest in Jaipur. Jaipur’s real estate is a mid a transition period and I advise you to have a look at some of the residential apartments instead of buying a plot and then constructing on it. If you are seeking land for commercial space then I suggest you to take a look at the Sikar Road in North West Jaipur. Sikar Road has a number if manufacturing units and retail chains and is a good investment option. For residential plots you can have a look at Bani Park, Vaishali Nagar and civil lines area.

Himani,

20th August 2013

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Subhash Nagar is a good choice as far as residential real estate is concerned. The average prices for a residential apartment in and around Subhash Nagar are ranging between Rs 2500 to Rs 3500 per square feet depending on the location. The average rental prices for a 2 BHk Apartment is between Rs 4500 to Rs. 5500 per month. The downside is that a lot of people are investing in property in north-north western areas of Jaipur haven’t started living in the area. Think medium to long term between five to seven years for adequate appreciation.

Supratim,

20th August 2013

Comment

Hi Manoj,
your decision is very good to invest in jaipur you will get very good return.
there are several roads on which return amount is very good like sikar road, sirsi road, ajmer road.
I can suggest you several townships for your investment and sure you will get good return.