Jaipur Properties Northern and western sides of Jaipur are other developing regions of the city. Major developments in this catchment comprise of Bani Park, Vaishali Nagar, Subash Nagar, Shastri Nagar Vidyadhar Nagar and Sodala apart from fast emerging sub-urban markets such as Ajmer Road, Sikar Road and Kalwar Road.
Main city locations in this region comprise of upper middle income and middle income residential neighborhoods with medium to high density. Colonies such as Bani Park and Vaishali Nagar attract a relatively affluent buyer in the region. However, suburban locations are primarily an attraction for small investors and middle income population who are looking for affordable segment housing. Growth corridors such as Sikar Road and Kalwar Road comprise of residential developments in the form of group housing, township, etc.
Bani Park is a prime location in the northern hub of Jaipur, offering mix of commercial and residential developments. Various government offices, the collectorate and civil court are also located in this region that initially comprised of independent houses. However, a variety of premium apartment complexes have been developed here. Average capital values in this area range between Rs. 5,000 and 6,500 per sq. ft. Which ranged between Rs. 3,000- Rs. 3,500 per sq. Ft five years ago.
Vaishali Nagar is an affluent location in the western part of Jaipur. The region is a mix of good residential and retail/commercial development with the presence of malls, multiplexes and good restaurants. Various PSU banks and Telecom sector officers are located here. Select pockets of the colony comprise of large plots as well as low-rise floors. However, select group housing projects by renowned regional developers are also being developed in the colony.
Sirsi Road is a prominent growth corridor and is located near Vaishali Nagar and Ajmer Road. It witnesses a host of developer projects priced majority of which are priced between Rs. 2,500-rs. 3,500 per sq. ft. Residential developments are located along Sikar Road. Kalwar Road also observes select residential projects along these corridors are priced in the range of Rs. 2,000-3,500 per sq. ft.
Ajmer Road is another prominent residential corridor of the city. The initial stretch of the highway comprises of a variety of residential developments across all formats including townships, group housing societies and residential plots. The corridors has large presence of national developers as well including Omaxe, Vatika and Emaar among others.