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Jaipur is both a hi-tech and a heritage city. As such, its real estate market was always attracting end users as well as investors. The majority of buyers are the middle to upper middle classes, and in the last three years, residential values have escalated three times already.

A significant trend in the residential market of Jaipur is the fact that people are now moving up from villas to apartments, maybe primarily because of security or safety. In fact, Jaipur Development Authority said that two to three years back, the thrust was in plotted development, but now there is an apartment craze going on.

This entry was posted on Friday, April 4th, 2008 at 11:28 am and is filed under India. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.