Jaipur’s Top 4 Most Inexpensive Neighbourhoods
Jaipur, synonymous with forts and regal heritage, is a rapidly rising Tier-2 city. As more IT businesses enter the market, prices in the housing sector have risen significantly. Alternatively, if you are seeking for some cheap Jaipur neighbourhoods, explore Jaisinghpura, Chokhi Dhani, and Niwaru Road. Continue reading to learn more about these developing communities.
According to insider sources, the inexpensive residential segment in Jaipur accounts for more than half of the city’s inventory, showing that it is still more inexpensive than neighbouring cities Noida and Gurgaon. Jaipur’s economic fabric has been quietly increasing with predominantly home-grown IT enterprises, and the affordable living circumstances have attracted skilled professionals, especially from the country’s northern area. Furthermore, the inclusion of Jaipur Metro to the city’s infrastructure inventory has made it even more appealing. Potential homebuyers may seize the chance to invest in Jaipur while house values remain affordable, as market data indicates an increasing tendency. We therefore explicates on the four most cheap house neighbourhoods in Jaipur from which to pick.
- Jaisinghpura
Jaisinghpura has a good road network, plenty of inexpensive land parcels, and residential units starting at roughly Rs 3,000 per square foot. The Jaisinghpura Road’s enhanced accessibility to the airport and train station has started pulling homeowners to the area, making it an investment hotspot. In addition, Jaisinghpura Road in Mansarovar Stretch has been designated as a Healthcare Center, that will open up additional real estate prospects. According to reports, 3 BHK homes costing under Rs 50 lakh are among the most appealing here. The bulk of renters select a 2 BHK flat available for rent at roughly Rs 6,000-14,000 per month. Home prices in Jaisinghpura have risen by more than 15% in the last year, indicating rising demand.
- Chokhi Dhani
The Chokhi Dhani segments and sub in Jaipur is dominated by independent builder floors and residential plots. The current purchase price per square foot in this area is approximately Rs 2,700, whereas the monthly rent for a 2 BHK property is around Rs 8,000. There are additional 1 BHK/RK homes offered here. Home prices in the neighbourhood have increased by about 11% year on year. The Jaipur International Airport is around 12 kilometres distant, while prominent metropolitan locations like as Sanganer, Tonk Road, and Jagatpura are approximately 9-12 kilometres apart.
- Indira Gandhi Nagar
Indira Gandhi Nagar’s residential stock is dominated by flats, the majority of which are two-bedroom units. The purchasing price in the area has increased by approximately 5% every year, and it is presently around Rs 3,000 per sq ft. Monthly rent for a three-bedroom home is between Rs 13,000 and Rs 20,000. According to 99acres, the majority of Indira Gandhi Nagar’s housing inventory is priced under Rs 50 lakh. In addition, the location has “round-the-clock access of public transportation” and “amenities such as stores, schools, and hospitals close.” Nevertheless, “vehicular overcrowding is a serious concern cited by many residents there.
- Kardhani Scheme in Govindpura
Govindpura Kardhani Plan, which has good bus connection, is another neighbourhood that has piqued the interest of homeowners. The purchase price in the area has increased by about 4% in the last year to Rs 2,700 per sq ft, while the rent for a 3 BHK property is around Rs 10,000-15,000 per month. The micro-market is supported by three nearby marketplaces, namely Shree Narayan Market, Khandal Bhawan, and Kumawat Bhawan, as well as various eateries within a two-kilometer radius. Residents nearby, on the other hand, regard “lack of metro accessibility” as a key disadvantage.
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