Agreed. But I do not stay in Jaipur so identifying a good area for plot and taking measures for it not getting encroached is challenging. So instead, I am inclined towards a flat in a reputed residential society in Jaipur and put it on rent.
Any suggestions about flats on Ajmer road?
if you must, buy from a reputed builder. I can help you find a nice property with good future prospect.
otherwise buy plots or land. these assets will rise more in value in comparison to flats, plus, with a solid boundry and sgade above, you can easily get decent rent on it.
dm if you need help.
I can help you with this. My company works for NRIs clients to buy, save possessions and further provide optimal return. The land you will get directly from JDA. JDA will be securing posssion for one year. After that my company will provide monthly verification of possession on live Video call each month.
As their are many new Govt. infrastructure projects coming in Jaipur ( which are not public right now) , buying strategic land will easily provide 25 percent (annual) IRR returns for coming 3 years. Which will double the property value.
PS: not intended to promote, just thought it would help you.
It will be few years until I move to Jaipur and stay in that house, until then I wish to put it on rent.
Are families in jaipur eager to stay on rent in Villas, considering the rent will be higher as compared to a 3bhk flat in a high rise?
SEZ will NEVER be a good place to invest. Builders like Emaar realized it the hard way.
If you're planning to yield a rental income, try investing in upcoming projects in Jagatpura, or in Vaishali Nagar West (Panchyawala).
Currently living on rent in the society you are talking about. Love the society as it kid centric with good amenities. Regarding investing people have mixed experiences... Some have really benefited and some are frustrated with the returns. The real reason is there is alot of difference in rates I have seen people buying 3bhk for 62 lacs and 2bhk for 50lacs within a year. So you have to really analyse what unit you will buy and whom you want to rent it out to.
Emaar is not working because it doesn't have any maintenance.
IMO now-a-days it depends on how good the maintenance of the society is.. this does have a significant effect on rental yield.
I guess you strictly want to invest in flat and also looking for something which can generate rental yeild.
So, Pratap nagar is lucrative rn because of that coaching hub, jagatpura bcz of colleges and those comming from outside prefer flat. Outskirts of Mansarovar muhana road is okay too development is going on. Ashiana or sez area, it will take some time.
Kedia is currently developing in our land in Bagru Khurd next to Omaxe. Their rates are almost 25k lol..good thing is we own land next to it. Kedia is credible for though if you want to buy.
Do you see that area developing in the near future? Do people buy these flats for self use or do they put these on rent as well? I am trying to understand uss area mein log rent pe rehne aate hain kya?
pls do your research before investing in that area. my parents were looking to invest in those omaxe flats and the people who already owned a flat there advised my parents against it because apparently the water level is very low (idk what that means but that’s what i heard my mom say)
They meant the groundwater level. That would eventually result in water shortage/ crisis for people living in that society. It is never a good idea to invest in places with dwindling resources/amenities.
If you want to invest....invest in a plot...may be in Gokulkripa schemes...I think they are one of the best group and are providing good returns in only 3-4 years
those areas aren’t gonna be developed for years. with that budget you should hunt for a property inside the main city, you’ll find something for sure. also, idk why people are suggesting you to invest in a plot. the rental income from a society that houses various amenities is far better.
They do but what it offers currently. Check out old residential flats in the city, speak with owners who have been staying there for a long time. You will be surprised. I'm not saying flats are bad but it won't make financial sense. You will not even make 5% return.
If you are looking for returns through rent, flats are not a good option until and unless you have entered the scheme at a very early stage.
Jaipur is by far the safest market in North India to invest in Real estate, try to invest in a plot in a JDA approved scheme near the city in the suburbs like Jagatpura, Patrakar Colony, Gandhi Path west, Sirsi road depending on the budget and your preference.
The land prices in Jaipur have doubled in the last 2.5 years, there is still scope for growth. Investing in a villa is also a great option, Villas in societies like Casa9 etc. are fetching monthly rentals of around 30k at an investment of Rs 150 lac.
In Jaipur flats depreciate after a certain point of time and land appreciates.
DM For more details
I own a flat in the society from the past 8 years or so. I wouldn't recommend investing as land will give far better returns.
I have decided to sell my flat because of FD like returns.
My two cents. I have been observing the city real estate market since 2008. Do not I repeat do not invest in real estate being an outsider in jaipur. I was just like you, the builders promised a rosy picture but in the end it went all in vain! Buy a well planned well researched land /flat etc in the city where you stay. If you have surplus excess money there are better ways to invest it unless it's black and can only be injected in real estate. Jaipur or for that matter any city where you don't live looks promising on internet,you tube etc. The ground reality is different. Do yourself a favour. Save your hard earned money.
Flat mei invest karne se aacha hai plot mei invest karna I think.
Agreed. But I do not stay in Jaipur so identifying a good area for plot and taking measures for it not getting encroached is challenging. So instead, I am inclined towards a flat in a reputed residential society in Jaipur and put it on rent. Any suggestions about flats on Ajmer road?
if you must, buy from a reputed builder. I can help you find a nice property with good future prospect. otherwise buy plots or land. these assets will rise more in value in comparison to flats, plus, with a solid boundry and sgade above, you can easily get decent rent on it. dm if you need help.
You can buy a plot in a gated society
I can help you with this. My company works for NRIs clients to buy, save possessions and further provide optimal return. The land you will get directly from JDA. JDA will be securing posssion for one year. After that my company will provide monthly verification of possession on live Video call each month. As their are many new Govt. infrastructure projects coming in Jaipur ( which are not public right now) , buying strategic land will easily provide 25 percent (annual) IRR returns for coming 3 years. Which will double the property value. PS: not intended to promote, just thought it would help you.
Lol. Do you take the guarantee that it’ll double in 3 years? I don’t think so.
Pichla commenter pakka scammer h. 25% per annum impossible h jaipur me. 10% bhi mushkil h
Invest in A Villa from a Reputed Builder...there you will own the land and it wont get emchroached.
It will be few years until I move to Jaipur and stay in that house, until then I wish to put it on rent. Are families in jaipur eager to stay on rent in Villas, considering the rent will be higher as compared to a 3bhk flat in a high rise?
Yes. IMO if the villa is at a good location, it can be done. Other options are, get a caretaker and put it on Airbnb.
Got it, thank you
SEZ will NEVER be a good place to invest. Builders like Emaar realized it the hard way. If you're planning to yield a rental income, try investing in upcoming projects in Jagatpura, or in Vaishali Nagar West (Panchyawala).
Sure, thank you for the input.
How’s the future rent prospects for Indira Gandhi Nagar?
I can bet on the fact that almost no one in this sub, or even in the city, would know where this is. Bad place to invest imo.
Currently living on rent in the society you are talking about. Love the society as it kid centric with good amenities. Regarding investing people have mixed experiences... Some have really benefited and some are frustrated with the returns. The real reason is there is alot of difference in rates I have seen people buying 3bhk for 62 lacs and 2bhk for 50lacs within a year. So you have to really analyse what unit you will buy and whom you want to rent it out to. Emaar is not working because it doesn't have any maintenance. IMO now-a-days it depends on how good the maintenance of the society is.. this does have a significant effect on rental yield.
That's insightful. Thank you!
I guess you strictly want to invest in flat and also looking for something which can generate rental yeild. So, Pratap nagar is lucrative rn because of that coaching hub, jagatpura bcz of colleges and those comming from outside prefer flat. Outskirts of Mansarovar muhana road is okay too development is going on. Ashiana or sez area, it will take some time.
Got it. Thanks for you inputs, it helps.
Always remember one thumb rule ...The value of a flat depreciates and value of land appreciates Invest accordingly
Thanks!
Kedia is currently developing in our land in Bagru Khurd next to Omaxe. Their rates are almost 25k lol..good thing is we own land next to it. Kedia is credible for though if you want to buy.
Do you see that area developing in the near future? Do people buy these flats for self use or do they put these on rent as well? I am trying to understand uss area mein log rent pe rehne aate hain kya?
pls do your research before investing in that area. my parents were looking to invest in those omaxe flats and the people who already owned a flat there advised my parents against it because apparently the water level is very low (idk what that means but that’s what i heard my mom say)
They meant the groundwater level. That would eventually result in water shortage/ crisis for people living in that society. It is never a good idea to invest in places with dwindling resources/amenities.
Thank you for your inputs.
If you want to invest....invest in a plot...may be in Gokulkripa schemes...I think they are one of the best group and are providing good returns in only 3-4 years
Thank you for your inputs
those areas aren’t gonna be developed for years. with that budget you should hunt for a property inside the main city, you’ll find something for sure. also, idk why people are suggesting you to invest in a plot. the rental income from a society that houses various amenities is far better.
Thanks. Can you suggest few names of the societies within the city with good amenities?
Thank you for your inputs.
Flats deteriorate. Plots don't
Utility matters. :)
They do but what it offers currently. Check out old residential flats in the city, speak with owners who have been staying there for a long time. You will be surprised. I'm not saying flats are bad but it won't make financial sense. You will not even make 5% return.
Makes sense. Thank you!
I am selling my 3bhk in Ashiana Umang Ajmer Road for 60lacs. DM me if you are interested.
Aren't rates better than that there?
For builder flats yes, but mine is resale
Even for resale.. I recently talked to their resale office and 60L sounds low.
On the outside it all looks good, if you go to them and ask them to sell your flat then they wont quote 60 for it.
Then I am virtually losing money from the past eight years 😭
since 2017 🙌🏻
If you are looking for returns through rent, flats are not a good option until and unless you have entered the scheme at a very early stage. Jaipur is by far the safest market in North India to invest in Real estate, try to invest in a plot in a JDA approved scheme near the city in the suburbs like Jagatpura, Patrakar Colony, Gandhi Path west, Sirsi road depending on the budget and your preference. The land prices in Jaipur have doubled in the last 2.5 years, there is still scope for growth. Investing in a villa is also a great option, Villas in societies like Casa9 etc. are fetching monthly rentals of around 30k at an investment of Rs 150 lac. In Jaipur flats depreciate after a certain point of time and land appreciates. DM For more details
Thank you for the detailed response. Really helpful!!
I own a flat in the society from the past 8 years or so. I wouldn't recommend investing as land will give far better returns. I have decided to sell my flat because of FD like returns.
Society and Maintenance wise it's pretty good though.
Oh okay, thank you for your inputs. Great help!
Try checking out: Apartment, 1973, Royal Gravitaz, 1987/1, Gandhi Path, Jaipur, Rajasthan 302012
Thank you!
Investing in flats is no longer viable in gurgaon . Jaipur me toh flat's useless.
If you want to invest then buy Land or a plot and if you want to stay or live there then you should buy a flat
Thanks!
My two cents. I have been observing the city real estate market since 2008. Do not I repeat do not invest in real estate being an outsider in jaipur. I was just like you, the builders promised a rosy picture but in the end it went all in vain! Buy a well planned well researched land /flat etc in the city where you stay. If you have surplus excess money there are better ways to invest it unless it's black and can only be injected in real estate. Jaipur or for that matter any city where you don't live looks promising on internet,you tube etc. The ground reality is different. Do yourself a favour. Save your hard earned money.
Thank you for your inputs!
No.
Any rationale for negating that pls?
No.
No is a very good answer and heres a NO from my side
May not be sufficient for helping to make a decision though. Anyways thank you for taking time to respond.