Top-5 Affordable Projects Near Jaipur’s Industrial Hubs

Top-5 Affordable Projects Near Jaipur’s Industrial Hubs

Top-5 Affordable Projects Near Jaipur’s Industrial Hubs
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We know Jaipur, also known as the Pink City, for its beautiful palaces and forts. Spread across 14,068 square kilometre, the city is a hub of domestic and foreign tourist. That is not its only specialty. Jaipur is also one of the fastest growing Tier-II cities, and is being developed as a smart city. Owing to its favorable geographical location, the city is home to various small and medium scale industrial units.

Jaipur’s potential as an industrial hub is demonstrated by number of large-scale investments across sectors. The city is one of the largest centers for export of colored gemstones, sterling silver jewelry, handicrafts, carpets, apparel, traditional footwear, marble & stone artifacts, engineering goods, etc.

Such has been the success of this city as an industrial spot that as many as 19 areas here have developed themselves into industrial hubs. The major industrial areas in city include V.K.I.A., Jhotwara, Kanakpura and Bindayaka (in northwest), Sitapura and Sanganer industrial areas (in south) and Malviya industrial area towards (south east). The unorganized industrial areas are mainly concentrated in the Sanganer town and surroundings.

Jaipur’s key industrial areas

Industrial Area

Location

Prominent Companies

RIICO Industrial Area

Mansarovar (Sanganer)

PHD Chamber of Commerce and Industry, Shree Neelkanth Exports, Autopal Industries, Major Life Style, Art & Craft Exclusives, Ronak Industries, Sagar Technochem

RIICO Industrial Area

Sitapura

Genus Power Infrastructures, Shriram General Insurance

RIICO Industrial Area

Jhotwara

Ridhi Sidhi Glasses, Scion Exports, WMW Metal Fabrics, Oswal Cables, Shilpa Alloys, Ashoka Oil Industries, Abok Spring, GKD India

RIICO Industrial Area

Bindayaka

Ganpati Plast Fab, Anusika Autolite, Baur Instruments

RIICO Industrial Area

Bagru

Dagar Industries, Ajit Solar, Rajasthan Pesticides, Kainya Wires, Miracle Group, Jagjanani Textiles, Mangla Ispat, Ganpati Plast Fab, Global Stones

Kanakpura Industrial Area

Kanakpura

Rajasthan Electronics & Instruments, Tarun International

RIICO Industrial Area

Malviya Nagar

Continental Engineers, Veto Switch Gears & Cables, Emizen Tech, Mobzway Technologies, Tulipshree Infotech

RIICO Industrial Area

Kukas

Hero, Eicher Polaris, Ericsson, Khaitan Logistics, Azad Coach

Vishwakarma Industrial Area

Vishwakarma Colony

Nestle India, Crompton Greaves, Tirupati Plastomatics, Sigma Electric, Kuku Automotives, Vishwakarma Machinery, JLC Electromet, Eveready Industries, Rajasthan Transformers & Switch Gears, Gem Electromechanicals

Shahpura Industrial Area

Shahpura

Kajaria

Hirawala RIICO Industrial Area

Kanota

Acme Enterprises, Rajasthan Crafts, India Covers Textiles, Shiv Felts

Bais Godam Industrial Area

Bais Godam

Abbott India, Tolas Elevators

Given its geographic location, industrial activities and the upcoming DMIC (Delhi-Mumbai Industrial Corridor), real estate market of Jaipur is poised to greatly benefit from these dynamics. Jaipur is gradually becoming a choice for investors as well as end-users, looking for affordable housing near the employment hubs/industrial parks. Typically, buyers in the low-and mid-income groups working in manufacturing units, small industries, educational institutions and public sector units, are driving the demand for affordable housing. The attractiveness of an affordable housing location hinges on its proximity to economic hubs and city centres.

While there are many locations in Jaipur that can be identified as affordable housing destinations nearby the above-mentioned industrial areas, we have identified the top five localities where buyers might find it convenient to invest their money.

Jagatpura: Owing to its proximity to the RIICO industrial Area, Malviya nagar and Sitapur and the Jaipur International Airport, Jagatpura is one of the best housing locations. Proposed infrastructure is also likely to provide boost to the residential demand of the locality

 

Ajmer Road: Strategically located near the Jaipur-Ajmer Expressway, the locality offers a plethora of affordable housing options. Established economic zones and planned infrastructural development makes it a good option for the residential purpose.

 

Tonk Road: Tonk Road is considered as the next best destination for housing investment. The area is not only close to the industrial parks but also well linked with the city centre. Key tourist destination of the city, including Chowki Dhani and Sheetla Mata Mandir, are also close from here.

Mahindra SEZ: The locality is famous for the Special Economic Zone (SEZ), a joint venture by Mahindra & Mahindra with RIICO. While the city aspires to provide a holistic living environment, this is one of the key areas which would greatly benefit as a real estate hub.

Sanganer: This locality is famous for the textile printing and handmade paper industry. It is also located near the RIICO Industrial Areas of Mansarovar and Sitapura, providing affordable living option to the employers/workers of nearby industries.

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