Jaipur, the pink city, and it is also known as "Paris of India". It is the capital of the Rajasthan, which is the largest state of the India. It is known for its culture and heritage places. Nowadays, many companies have started, and many turning towards Jaipur to complete their investment aspects in real estate, and other fields.
|Villas in Jaipur|
Now, investors are finding the Jaipur as an alternative to Gurgaon, and it is looking forward as the one of the mega cities of India, in the future. Actually, the increasing numbers of MNCs, Institutes, and consideration of corporate are the sign of future growth of the real estate in Jaipur. As the many big IT companies are coming here, and some companies are already established here, it has become the major IT destination. Many International and Indian multinational companies are going to set up their business in Jaipur.
|Commercial property in Jaipur|
As the numbers of industries, and companies will increase in the future, then the demand of quality, and luxurious residential property, and infrastructure to support future expansion, will increase. Nowadays, many builders in Jaipur are building many world-class integrated townships which include residential units, commercial units, and office spaces, etc.
In the future, MNCs like Wipro, Infosys, HCL, etc., targeting Jaipur to expand their businesses, and several hospitality projects including five and seven star hotels by Taj Group, Welcome Group, etc., will support the demand of commercial property in Jaipur.
According to the media report, Jaipur is the fastest developing tier II city in the India. It has become the one of the highest tax paying city of the India. And, the JDA has collected the revenue of more than Rs 1,500 crores in 2012.