FIRE Capital Fund Investments Mauritius, recently signed a MoU with the Government of Rajasthan for constructing 2000 acres integrated township at Jaipur, on the Jaipur-Ajmer highway.
Not only the project will cater to the needs and requirements of modern living in place, it is expected to generate employment for more than 12,000 people in Jaipur.
Jaipur residential real estate is witnessing huge investments of similar kind by way of various residential projects in the offing.
Growth Drivers
According to Media Reports, IT sector is estimated to generate about 40 per cent of the additional employment in smaller towns like Jaipur.
Corporate requirement would lead to demand for quality housing and infrastructure to uphold potential escalation. Commercial real estate development in Jaipur is a big draw for investments in residential real estate sector.
A number of real estate developers are launching residential projects to meet the future demands of the IT sector employees in Jaipur.
Upcoming Projects
Along with FIRE Capital Fund Investments Mauritius township project, Fishman Holdings\' Indian real estate development subsidiary, Mondon Investments Ltd., has bought a $108 million, 600-acre area in Jaipur for developing a township.
The project will include residences, commercial space, offices, and high-tech space spread over four million square meters.
Cashing on the current splurge in Jaipur residential real estate, many real estate developers likes Omaxe, Suncity, DLF, MGF, Vatika, Ansal API, Parsvnath, Narayan group, Narvik Nirman, have already announced their township projects in Jaipur.
Future Outlook
Recently, Omaxe Ltd announced its foray into development of Special Economic Zone (SEZ) by signing MoU with the Government of Rajasthan to develop a multi product SEZ in District Alwar of Rajasthan spread over the area of 5000 hectare.
With Jaipur all set to become an IT destination, the Jaipur residential real estate market is attracting hefty investments, gazing future demand.
For more details on Jaipur Properties, log on to magicbricks.com
George Gonigal gives you information on Jaipur Real Estate Agents and Jaipur Real Estate Developers.
Jaipur - The Pink City
Founded by Sawai Jai Singh, the mathematician and astronomer king, Jaipur is home to palatial mansions, striking forts, enchanting palaces and breatht...
Income From Residential Investment Properties
The current real estate market has created an increase in the number of people that are purchasing residential real estate properties for investment p...
Residential Investment Properties as Alternative Income
Lately, there has been an increase in the number of people acquiring residential investment properties. If managed properly, they can provide you with...
Ways to Make Money with Real Estate Investments
Real estate investments can be a profitable experience if you have a good grasp on the process involved. Before you plunk down your hard earned cash y...
Hyderabad Real Estate- A Gateway for Global Investment Giants
Hyderabad-based real estate developers have caught the attention of international investment groups in a big way. Recently, the city-based Maytas Prop...
Now is the Time to Buy Freehold Properties In Dubai
Since the 2002 decree by the crown prince of Dubai allowing foreigners to own freehold properties in Dubai, there has been a boom in residential real ...
Real Estate Investment Formulas
How do you go about evaluating real estate in a strictly financial way. The methods below should illustrate the most common ways. Keep in mind that ...
Looking For Great Deals In Real Estate
A successful dealer or a real estate investor solves other people's problems; this is how a real estate investor becomes successful. The more experien...
Investing in Rental Property - Key Facts to Consider, Part 1
Before investing in rental property, it is always wise to do a little homework and pre-planning. Such actions on your part can substantially improve t...
Dubai Properties
Dubai is one of the seven emirates that form the United Arab Emirates. Dubai city is recognized as one among the fastest growing cities in the world. ...
Commercial Real Estate Investing
Commercial real estate investing has different fundamentals as compared to the other methods of real estate investing. This type of investment in the ...
Buy A Property In Turkey
Only in the past couple of years has there been any real movement in regard to investment property in Turkey and it is now easier to buy a property in...
Jack Nicklaus Golf Properties
Jack Nicklaus affectionately known as the "Golden Bear" is considered to be one of the greatest golfers in the world. During his long career he has wo...
Specialize Your Window Cleaning Business To Maximize Profits
Focus your window cleaning business on the smallest segment of a market. You will be viewed as an expert, and command higher prices. That means high...
Purchasing Real Estate In Costa Rica
To say that the real estate in Costa Rica is booming is an understatement in a country where land value appreciation is increasing an average of over ...
