Gurushikar Shekhawati

By: Gurupragya Infra Pvt Ltd. in Sikar Road

Gurupragya Infra Pvt Ltd. is a real estate group which focuses in earning the faith and respect of its investors in the form of actions and not just words. Gurupragya Infra Pvt Ltd. is a reputed organization comprising of experienced engineers and thoughtful builders who have successfully built a lot of housing projects. With a history of delivering projects on time and as per promised specifications, Gurupragya Infra Pvt Ltd. is a name to trust when it comes to real estate in Jaipur.

Sikar Road is one of the most prominent stretches in the city of Jaipur that connects Jhotwara Road on one side and Agra-Bikaner Road near Ringas on the other. The road falls on National Highway 11 (NH-11) and passes through the famous Delhi-Ajmer Expressway. Due to its strategic location, Sikar Road is emerging as a major player in the real estate sector of Jaipur. There is wide variety of real estate activity happening on either side of the road. The newly built 4-lane has paved the way for the extraordinary development in this region. From high-rise to mid-rise apartments, villas to commercial spaces, IT parks to retail complexes and entertainment centres, Sikar Road is shaping up to become the next hub of industrial, commercial and residential activity in the city of Jaipur. Equipped with modern infrastructure, Sikar Road has a lot to offer to its residents. There are many reputed educational institutions around this area, such as SRN International School, American International School, Golden Era Academy, Shanti Asiatic School, Shri Bhawani Niketan Institute of Technology & Management, and Aurobindo College. There is also no shortage of malls, restaurants and retail stores, as Shoppers Stop, Hyper City, Triton Mega Mall, Triton Mall, Reliance Fresh, Metro Cash & Carry, and The Mobile Store, are just a few that are around the corner.

Connectivity and Transit Points

Sikar Road is conveniently connected to Kalwar Road and Chomu Bypass Road, and passes through prime localities like Bhawani Nagar, Muralipura, Rampura, Chomu, Govindgarh, Ringas, Neemrana, Mansarovar, and Jagatpura. One can easily catch a bus from Sikar Road to other localities around with the help of buses from Jaipur City Transport Services Limited (JCTSL). Chomun Samod Railway Station is the nearest railway station to Sikar Road and is just about 5 km from there. The Jaipur Railway Station, on the other hand, is located quite far away, at 108 km. Jaipur International Airport is located about 44 km away. Buses and cabs are the most preferred modes of transport around this area.

Major Landmarks

• Bhagwati Farm
• Jaipur Dairy
• Angel Resort
• Shankar Dhaba
• Shoppers Stop
• Chomun Police Station

Factors for Growth in the Past

Due to the unavailability of land, Old Gurgaon and NH-8 reached a state of saturation over a year ago. As a result, investors and developers kept a keen eye on Sikar Road as they found vast opportunities for expansion and growth, paralleled with good connectivity to the major areas in and around Gurgaon. Sikar Road also has benefited from its propinquity to the airport and the advent of planned infrastructural development in hospitality and educational sectors. Post-establishment of Manesar as an industrial model township, the entire stretch leading from Manesar up to Gurgaon has seen a monumental rise in commercial and industrial growth. The availability of land plots and ample employment opportunities are the major factors that have driven residential and commercial development in this location. This in turn, has led to appreciation and a soaring demand in property prices on Sikar Road.

Residential & Commercial Markets

Sikar Road and the surrounding areas have witnessed noticeable real estate market growth. This trend is expected to continue in the future as well. In the past few years, property prices in both commercial and residential segments have shot up by nearly 40 pre cent. Investors are looking at this locality as a great opportunity to invest as it is expected to generate profitable returns on their initial investment on a long run. One can find both high-end and budget properties in Sikar Road. As per the Q2 (2014) sale prices of multi-storeyed apartments ranged from Rs 3,150 per sq. ft to Rs. 3,900 per sq. ft, while the prices for residential plots were higher, ranging from Rs 11,650 per sq. yard to Rs 27,900 per sq. yard.  Commercial property prices are picking up at a rather rapid pace due to investors flocking to take advantage of the low prices. With Jaipur Development Authority (JDA) responsible for development, this area is headed in the right direction.

Major Challenges

Despite being an important section of Jaipur, certain parts of Sikar Road still remain isolated due to the shortage of public transport. Hence, connectivity to other parts of the city is a big headache for the residents living here. Another issue with Sikar Road is the number of accidents that take place every year. Since it falls on the highway, the government should take precautions to set speed limits and set up cameras at junctions.

Factors for Growth in the Future

Sikar Road is all set to witness excellent growth in the near future. Already emerging as the next big thing for residential and commercial developments, a few of the leading real estate developers have set up projects in Sikar Road. There are also a large number of multinational companies that are looking to tap into the deep reserves of Sikar Road for housing their future offices. Many well-known builders like Ashiana Homes, Apeksha Group, Dhanuka Group, GHP Group, Gurupragya Infra, Manglam Group, Mahalaxmi Group, SNG Group, and Suncity Projects have already lined up many new projects on Sikar Road. So with so much development in the pipeline, Sikar Road is all set to be the next best thing in real estate.