Is Jaipur rental market boosted by the current metro development?

Q: Is Jaipur rental market boosted by the current metro development?

Neha Srivastava, Delhi-NCR

9th June 2015

Rentals in Jaipur

jaipur metro

rental market

jaipur rental market

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Replies (7)

Hi Rahul, I think civil line is the most sought after luxury residential destination in Jaipur owing to its gentry and central location. The area mainly has Plot project development along with small scale apartment projects by developers. The monthly rental value of a 2BHK apartment in the area ranges from Rs 12000 to 25000 followed by Rs 15,000 to 45,000 for a 3BHK apartment.

Neha Srivastava, Delhi-NCR

11th June 2015

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Hi, personally I like Mansarovar because it is well-planned and consists of low-rise developments in the affordable and mid-segment category. It is preferred by middle-class families, students and single working professionals.

Tushar Sinha, Delhi-NCR

11th June 2015

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Hi, Recently I read somewhere that the Civil Lines and Mansarovar are two endeavors after luxury residential localities of Jaipur that have witnessed and are being benefitted the most by the completion of phase 1 of metro line.

Tushar Sinha, Delhi-NCR

10th June 2015

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Hi, I am new to this forum, but I need some help from all you guys!!! Please suggest which localities is best for investment Mansarovar or Civil Line Jaipur?

rahul kirmani, Delhi

10th June 2015

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Hi All, The realty market of Jaipur has witnessed maximum activity in suburban micro-markets of southern and western Jaipur such as Jagatpura, Tonk Road, Vaishali Nagar, Patrakar Colony, etc. The roads and highways connecting Jaipur with neighboring locations both outside and within Rajasthan have also been witnessing adhesion and various known developers have invasion into these regions seeing strong future growth potential along these corridors.

Rajesh, Delhi-NCR

10th June 2015

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Currently, Jaipur Metro passes through well-developed areas such as New Aatish Market, Vivek Vihar, Shyam Nagar, Ram Nagar, Civil Lines, Railway Station and Sindhi Camp. Work for the second phase from Chandpole to Badi Chaupad is underway.Due to the Metro link the rental market nearby this location will definitely increased.

Vibhor, Delhi

9th June 2015

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Hi, Vibhor Appreciate your response, no dought that the metro line has ensured prompt connectivity within localities but not all have been impacted positively in terms of real estate. Areas such as Chandpole, Railway Station and Sindhi Camp are already developed and compact with no hope of new infrastructure development or revival of rental.

Kunal,

9th June 2015

Hi Neha, Bit obvious that Functionally of Jaipur metro boost rental as well as residential real estate. The recently functional metro line of Jaipur from Mansarovar to Chandpole is a show to be a boon for long distance passengers. The public transport network and the real estate market has had a positive impact.

Kunal,

9th June 2015

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