Prestige Residency

By: Anukampa Group in Tonk Road

Introduction: Prestige Residency, is a sprawling luxury enclave of magnificent Apartments in Jaipur, elevating the contemporary lifestyle. These Residential Apartments in Jaipur offers you the kind of life that rejuvenates you, the one that inspires you to live life to the fullest. Prestige Residency by Anukampa Group in Tonk Road is meticulously designed with unbound convenience & the best of amenities and are an effortless blend of modernity and elegance. The builders of Prestige Residency understands the aesthetics of a perfectly harmonious space called ‘Home’, that is why the floor plan of Prestige Residency offers unique blend of spacious as well as well-ventilated rooms. Prestige Residency offers luxurious Apartments in Jaipur. The master plan of Prestige Residency comprises of unique design that affirms a world-class lifestyle and a prestigious accommodation in Apartments in Jaipur.

Location Advantage: Location of Prestige Residency is a major plus for buyers looking to invest in property in Jaipur. It is one of the most prestigious address of Jaipur with many facilities and utilities nearby Tonk Road .

Bank and Legal Approvals: Bank and legal approvals of Prestige Residency comprises of Sorry, Approvals and Loans information is currently unavailable, Sorry, Legal approvals information is currently unavailable.

Tonk Road is located on the Jaipur-Kota National Highway. It is just 35 minutes from Chowki Dhani, 45 minutes from Sanghaner Airport, 5 minutes from RICCO Industrial Area and 3 km from Newai Bus Terminal. Furthermore, this locality is well connected to excellent schools, colleges, and hospitals.

Tonk Road is one of the major developing localities in Jaipur because of its infrastructural development via various government projects including housing board schemes, RIICO industrial area and also because of DMRC (Delhi Mumbai Rail Corridor). NH-76 has been broadened to 6 lanes and local transport connectivity to Modi University, Chaksu and Vanasthali Vidyapeeth is in effect.

Tonk Road comprises many posh localities like Durgapura, Mahaveer Nagar, Income Tax Colony, and Adinath Nagar, to name a few, all of which are well connected by road, as well as offer all the basic necessities. About 600 acres of land is already acquired for industrial purposes, becoming a budding commercial hub in the making.

Connectivity and Transit Points

Tonk Road’s air, road, and rail connectivity sets it apart from the rest of the localities in Jaipur. Buses and trains are the most common means of transport here. The other bus stops include Gaushala bus stand, RSRTC, Kundan Nagar bus stop, which is in close proximity to the region. Sanganar railway station and Shikarpura pathak railway cross are the closest railway stations to Tonk Road. The nearest airport is the Jaipur International Airport, which is 4.2 km from Tonk Road.

Major Landmarks

City of palace of Jaipur

Hawa Mahal- Palace of wind

Jaigarh Fort

Albert Hall Museum

Jawahar Kala Kendra

Ridhi Sidhi Pol

Factors for Growth in the Past

Tonk Road is fast transforming from heritage to a well-developed locality, embracing malls and IT culture. It has witnessed tremendous growth in the real estate sector in the past few years. Proximity to the international airport and the upcoming metro line, easy connectivity to Sitapura Industrial area and SEZ, connection to major roads and areas such as Gopalpura Bypass, Mansarovar, JLN Marg, Malviya Nagar, Durgapura, presence of various reputed educational institutes, hospitals and restaurants, development of posh colonies in this area, corporate offices of various service sector firms are the prime factors triggering its growth and making it ideal for investment.

Widening and improvement of major roads with flyovers and railway over-bridges, regularisation of residential colonies on agricultural lands, and improvement of overall infrastructure has turned the locality into one of the most desirable destinations in Jaipur. Rs 550-crore project to strengthen the infrastructure is being undertaken with the assistance of Asian Development Bank to improve roads, water supply, sewerage, and so on.

The residential real estate in Tonk Road is booming with many new apartment complexes. There’s also revival of demand from the upper middle segment due to easy availability of housing finance at cheaper rates.

Residential & Commercial Market

Tonk Road is the most developed region in terms of residential and commercial activities in the Pink City, the dominant property type being layouts and plots. Currently, Q2 2014, the average property prices here are about Rs 2,900 per sq. ft.

The average value of a commercial office space would be Rs 41 per sq. ft. Office spaces on rent would cost anywhere between Rs 35-47 per sq. ft. With the number of IT offices being set up in this locality, Tonk Road’s commercial market is said to rise significantly in the years to come.

Major Challenges

Although residing in a developing locality is beneficial in more ways than one, its drawbacks cannot be ignored. Traffic congestion is, by and large, the major challenge faced in this area. Pollution and construction work is also taking a toll on the health of the local residents. Garbage strewn on the footpath is a common scene. Also, petty crimes such as theft is not unusual here.

Factors for Growth in the Future

SVT Orb Highway, Gulmohar Gardens, Sahara City Homes Apartments, Aashiyana Residency, R K Vatika City IX, South Ex Promont are some of the upcoming residential projects in this locality.

The Metro is still under construction and is set to make this locality better connected than ever. Expanding rapidly with many mega projects, satellite towns, the biggest Ring Road and other infrastructure projects of huge stature, Tonk road is a well developing real estate market.