Rajasthan real estate property market investment

Rajasthan is another Indian state that attracts real estate and property investors. Rajastan is one the larger states of India known for its culture and heritage. The total land area of the state is about 342,236 square kilometers. Jaipur, also know as the 'pink city', is the capital city of Rajasthan.

New residential and commercial properties are being developed in several regions of Rajasthan, particularly places such as Jaipur, Jodhpur, Udaipur, Bikaner, Neemrana, etc. Like in many other states of India, there is considerable amount of migration of people to cities, mainly for employment reasons which results in increasing demand for residential real estate. Tourism also plays a significant role in Rajasthan economy. Demand from tourism has also led to the development of hotels, spas and other places of recreation. As the economy grows, demand for high end residential and commercial property grows along with it.

Few of the recent property market development include -

Construction of a retirement resort called 'Ashiana Utsav' by Ashiana Group.
Development of a multi product SEZ in District Alwar of Rajasthan by Omaxe.
Building of an integrated township project in Bhiwadi called Piyush City by Piyush Group.
Development a multi product based industry SEZ at Neemrana by Ansal API.
An IT city, named Vatika Infotech City by Vatika Group.
Construction of Parsvnath City and Parsvnath Royale Villas in Jodhpur by Parsvnath Developers Ltd.

More facts about Rajasthan

Rajasthan is divided into 7 divisions: Ajmer, Bharatpur, Bikaner, Jaipur, Jodhpur, Kota and Udaipur. The total population of the state is close to 58 million. Languages spoken include Rajasthani, Hindi and English.
Rajasthan shares its boundary with the Indian states of Punjab to the north, Uttar Pradesh and Haryana to the northeast, Gujarat to the southwest, Madhya Pradesh to the southeast, and the country of Pakistan to the west.

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Real estate and property market investment in Rajasthan