Investment in Jaipur
Investment Opportunities in Jaipur
Several national and international companies have already been established in the city and the number is likely to increase in the coming years. The city has welcomed a number of big IT projects. Big companies such as Infosys, Wipro, Daksh, IBM, TMT, Hinduja and HCL are exploring newer business opportunities in the city. All this is not only a result of the well educated professionals settled in the city but also the willingness of people from other parts of the country to relocate in this fast developing city. With so much happening around choosing this place for making an investment is certainly a wise decision.
With the rise in the number of corporate employees the demand for good residential properties is also likely to increase. Thus, a number of real estate developers have also started investing here. DLF, Ansals, Omaxe, MGF, Parsvnath, Vatika and Sun City projects have already initiated in the city and the rates of these properties would only increase in the years to come. Thus investing in one of these is a great idea, especially considering the pace at which the price of property is increasing in our country.
Jaipur is equipped with a good transportation system which is likely to improve with the upcoming metro rail. Not just this, it is also well connected to all the major cities/ states in India as well as abroad. Further, the Rajasthan government is working on strengthening the infrastructure of the city and improving the quality of life here.
With the property rates going sky high in the metropolitan cities such as Delhi and Mumbai, more and more people are turning towards developing cities such as Jaipur for investment purposes. And why not, the city is clean, beautiful and well maintained. Its infrastructure is great and is likely to improve further. The capital of the largest state in India, Jaipur is expected to become a Mega City by 2025 with a population of around 10 million people.
Business opportunities in Jaipur
In case you aren’t aware around 80% of the foreign tourists visiting our country visit this beautiful city there by adding to its economic growth. This is also the reason why it has also become a hub for both big and small businesses. Several hotels have been set up in the city over the last few years. All kinds of tourists visit the place and thus there is an equal scope for different kinds of accommodation facilities. Whether you choose to open a budget hotel, a lodge, a 3 star, 4 star or 5 star luxury hotel you are likely to reap benefit.
Similarly, the eatery business has also seen a boom in the city. If you plan to open one, Jaipur can serve as a good option as the investment amount here would be less in comparison to the metropolitans and the profit ratio is likely to be higher. Not just these, other businesses including that of garments, textiles, handicrafts, jewelry and the likes are also flourishing here.
Several big business owners are also setting up their offices and factories in the city. One of the reasons why this place is being preferred for the same is the availability of skilled labor and educated youth. With so many good universities and educational institutes offering high class education in the city, the business owners do not have to go out looking for talented professionals to work at various positions in their firm.
You may set up your own business or take up a franchise of a big company and make it big in this city.