.

FIRE Capital Fund Investments Mauritius, recently signed a MoU with all the Government of Rajasthan for constructing 2000 acres integrated township at Jaipur, on the Jaipur-Ajmer highway.

Not simply the project will cater towards the needs and specifications of modern day living in location, it truly is expected to create employment for additional than 12,000 persons in Jaipur.

Jaipur residential real estate is witnessing huge investments of equivalent kind by way of various residential projects within the offing.

Growth Drivers

As outlined by Media Reports, IT sector is estimated to create about 40 per cent on the more employment in smaller towns like Jaipur.

Corporate requirement would bring about demand for good quality housing and infrastructure to uphold potential escalation. Commercial real estate development in Jaipur can be a huge draw for investments in residential real estate sector.

Numerous jaipur property developers are launching residential projects to meet the future demands from the IT sector employees in Jaipur.

Upcoming Projects

In conjunction with FIRE Capital Fund Investments Mauritius township project, Fishman Holdings’ Indian real estate development subsidiary, Mondon Investments Ltd., has purchased a $108 million, 600-acre area in Jaipur for developing a township.

The project will include residences, commercial space, offices, and high-tech space spread over 4 million square meters.

Cashing around the existing splurge in Jaipur residential real estate, many jaipur property developers likes Omaxe, Suncity, DLF, MGF, Vatika, Ansal API, Parsvnath, Narayan group, Narvik Nirman, have currently announced their township projects in Jaipur.

Future Outlook

Lately, Omaxe Ltd announced its foray into improvement of Unique Economic Zone (SEZ) by signing MoU together with the Government of Rajasthan to develop a multi item SEZ in District Alwar of Rajasthan spread more than the region of 5000 hectare.