Jaipur city is the capital of the state of Rajasthan which holds primary focus on tourism, manufacturing exports and education industries. Once Jaipur was famous as the pink city, but it has grown much beyond its old traditional name. Favorable demographics and economic growth have led to expansions of municipals and now it comprises various other locations such as Ashok Nagar, Rambagh, Bani Park, Gandhi Nagar, Vaishali Nagar, Civil Lines etc. which form the urban Jaipur.Jaipur is strategically located only 260 km from the NCT of Delhi and NCR. The real estate of these cities has a great influence on Jaipur city. Jaipur has been a part of ‘golden triangle’ as the third prominent tourist destination of the northern India including Delhi and Agra. Strategic geographic location, upcoming and proposed infrastructures like Ring Road and Metro Rail etc, and market sentiments ha supported IT/ITeS, MNCs, and expansion of BFSI sector in the city.Aspects influencing the growth of Jaipur real estate
- Real estate market of Jaipur comprises investors more than end users hence market is majorly investor driven.
- Infrastructure availability such as Railway connectivity, road connectivity, Jaipur BRTS and most importantly Airway connectivity.
- Proposed infrastructure developments such as Ring Road and Metro Rail have been the major driving factors in the past few years.
- Migrating audience from neighboring cities aspiring for upgradation of living standards.
- Although demand is high in the city yet prices of residential units are decent hence more and more investors are investing considering future returns.
- Jagatpura, Vaishali Nagar, Ajmer road and vicinity, New Sanganer road, Sirsi road, Sikar road and Tonk road are the main growth corridors of the city.
According to the demographics of the Jaipur it can be classified in four distinct zones: North East-Central, North-North West, South East, and South West.
North East-Central JaipurMajor locations: Pink city, Adarsh Nagar, Gandhi Nagar, Bapu Nagar, Raja Park, Ram Baug, C-scheme, MI Road, Civil Lines.
- C-scheme is the most prominent location of the Jaipur, dominated by commercial developments. The residential developments in this region are mostly seen in high-end bungalows and independent houses.
- Pink city is the oldest part of the Jaipur city which remained traditional over the years as it comprises various heritage sites like City palace, Museum, Hawa Mahal and Jantar Mantar. With increasing tourists this region has shifted towards commercial sector, several houses are now used for the commercial purposes.
- Civil line, Adarsh Nagar and Bapu Nagar are the major prime locations of Jaipur which houses mostly independent houses and bungalows. Many developers and builder are eyeing these areas as the new residential hubs for higher mid segment audiences.
- Civil Line area comprises houses of various important state dignitaries including Chief Minister of Rajasthan.
- Raj Park and Tilak Nagar are the next most prime locations of North East-Central Jaipur.
- MI road is resides at the boundary of new Jaipur and old Jaipur and hosts as the good destination for retail sector.
- Rental values of the 2 BHK apartments in this region of Jaipur were observed in the price bracket of Rs 10000-25000 per month.
- Key Developers in North East-Central Jaipur Mahima Group, Upasna Group, Sand Dune, Anukampa Group, UB group, and Mangalam Group
- Location wise property prices in North East-Central Jaipur
| Location | Prices (Rs per sq ft) |
| Pink city | —- |
| C-scheme | 7500-12000 |
| Civil lines | 5800- 6500 |
| Adarsh Nagar | 6000-7000 |
| Bapu Nagar | 6500-7500 |
North-North West JaipurMajor Location: Vaishali Nagar, Sodala, Ajmer road, Subhash Nagar, Shastri Nagar, Bani Park, Sikar Road, Kalwar Road, and Vidyadhar Nagar.
- With mixture of commercial and residential developments Bani Park remained prime location of the Jaipur as various government offices, collectorate and civil court are located in this region. Developers and builders in this area primarily focus on development of independent houses.
- Sikar Road being an industrial and commercial belt has witnessed increase in residential developments to fulfill the residential need from industrial and commercial sector. Vishwakarma Industrial Area and ARG Industrial Park are the prominent Industry zones of the North-North West Jaipur.
- Sirsi Road is completely investor driven micromarket which is located near vaishali nagar and Ajmer Road and is witnessing appreciation of 15-20 per cent in past three years.
- Vaishali Nagar is the affluent location of the western Jaipur and has the blend of residential, commercial and retail real estate. The region houses various PSU banks and Telecom sector offices. The region is dominated by the small builders offering low rise floors.
- Kalwar road has been the most inactive micromarket of the Jaipur since last few years.
- Key Developers in the North-North West Jaipur are Omaxe Group, ARG group, Vatika Group, Unique Group, Mahima Group, Vatika Group, Siddha Group, Mangalam Group, Anukampa Group, and Felicity Estates.
- Property Prices in North-North West Jaipur
| Location | Prices (Rs per Sq ft ) |
| Bani Nagar | 5000-6000 |
| Vaishali Nagar | 2600-7000 |
| Sirsi Road | 2800-3000 |
| Sirkar Road | 2800-3500 |
| Sodala | 4500-6000 |
| Swej farm | 5000-6000 |
| Shyam Nagar, Nirman Nagar | 3500-4000 |
| Ajmer Road | 2200-3000 |
South East JaipurMajor Locations: Jagatpura, Tonk Road, Raj Angan NRI colony, Malviya Road, Sitapura industrial area
- Jagatpura is an upcoming real estate destination of the Jaipur city as the proposed ring road and Metro rail would go touch this location and the Sitapura Industrial area is situated in the vicinity of this area. Several educational institutions are situated in this area along with good medical facilities. The price appreciation in this area has observed an uptrend of 10-14 percent in last one year.
- Malviya Nagar is the prominent location in the southern precincts of Jaipur which has a good mix of commercial, retail and residential developments. Jaipur international airport is situated in the vicinity of this location.
- Tonk Road is well connected to the central Jaipur and is situated adjacent to the Jagatpura micromarket. The location comprises numerous residential projects but the demand in this region is subdued in comparison with other locations.
- Key Developers in South East Jaipur are Unique Builders, Mahima Group, Ashiana Housing, Anukampa Group, Spytech Buildcon and Unique Dream Builders.
- Property prices in South East Jaipur
| Location | Prices (Rs per Sq ft ) |
| Jagat Pura | 2200-3200 |
| Tonk Road | 1650-2200 |
| Malviya Nagar | 3200-4000 |
South West Jaipur
- Major locations: Mansarovar, Diggi Road, Diggi Malpura Road, B2 Bypass, Durgapura, and Patrakar Colony
- Mansarovar and Patrakar Nagar are the main real estate drivers in the South West Jaipur.
- Mansarovar is the largest colony of Jaipur established by the Rajasthan Housing Board which has been flaunted as Asia’s third largest colony. The region caters to a mix of low income group, mid income group and high income group segments with predominantly low rise buildings.
- Patrakar colony is established about 2.5 Km away from the Mansarovar colony and about 5 km away from the Sanganer airport and adjacent to the Mahindra SEZ.
- Key Developers in South West Jaipur includes Mangalam Group, Unique Dream Builders and Raheja Design & Constructions
- Property prices in South West Jaipur
| Location | Prices (Rs Per Sq ft ) |
| Mansarovar Colony | 2800-4000 |
| Patrakar | 2700-3500 |