Best Residential and Investment Locations in Jaipur

Tier-II real estate hubs such as Jaipur reflected a cautious property market trend across India. However, expectations for growth strengthened due to expanding infrastructure and new development corridors like Agra Road, Sikar Road, and Mansarovar Extension. Established localities such as Ajmer Road, Jagatpura, and Tonk Road continued to perform steadily. By analyzing trends from the previous year, we can identify the most promising real estate investment zones in Jaipur for 2023.

Emerging Property Investment Hotspots in Jaipur

Jaipur is witnessing rapid urban expansion, making it an attractive destination for real estate investors. Some of the most preferred residential and investment locations include:

Agra Road

Over the last few years, Agra Road has evolved into one of Jaipur’s fastest-growing real estate corridors. Under the Jaipur Development Authority’s Master Plan 2025, the region is proposed to be developed as a satellite township. Its strategic role in the Jaipur Ring Road Project ensures continuous infrastructure investments. Connectivity has improved significantly due to the Ghat Ki Guni tunnel, easing earlier commute challenges.

Property rates for 2 BHK apartments have remained stable per square foot. Upcoming attractions such as a film city, heritage bazaar, and educational institutions are further boosting investor interest in this locality.

Sikar Road

The stretch between Vishwakarma Industrial Area (VKI) and Sikar Road has emerged as a prominent residential development zone. Most housing projects here cater to middle and upper-middle-income buyers. The area enjoys smooth connectivity to major routes like the Jaipur-Delhi Expressway and Ajmer Road, along with proximity to established neighborhoods such as Vidhyadhar Nagar and Jhotwara.

Although access to certain key roads is limited due to the nearby military cantonment, the proposed Jaipur Metro Phase-2 (Ambabari extension) is expected to significantly enhance real estate demand in the coming years.

Mansarovar Extension

Known for its open spaces and peaceful environment, Mansarovar Extension appeals to buyers seeking a suburban lifestyle. While it may not lie directly on a major arterial road, it benefits from proximity to the Jaipur-Ajmer Expressway and B2 Bypass, connecting it to Tonk Road.

According to local property experts, the area attracts both budget-conscious buyers and upper-middle-class families. Prices for 2 BHK units range from approximately ₹17 lakh to ₹35 lakh, depending on location. Its closeness to the Mahindra SEZ and Muhana Mandi, one of Rajasthan’s largest wholesale vegetable markets, makes it a strong long-term investment destination.

Tonk Road

If premium living is your priority, Tonk Road stands out as one of Jaipur’s most upscale residential areas. It offers excellent connectivity to the Jaipur International Airport, Gandhinagar Railway Station, and Sitapura Industrial Area.

The locality is also home to leading healthcare institutions such as Narayana Health, Bombay Hospital, and Mahatma Gandhi Hospital. With well-developed infrastructure and a predominantly residential setup, Tonk Road continues to be a highly sought-after real estate investment zone.

Jagatpura

Jagatpura has become a popular choice for homebuyers due to rapid infrastructure upgrades and improved public transport connectivity. It offers comparatively affordable housing options while maintaining access to essential urban amenities.

With average property prices around ₹49.85 lakh, Jagatpura provides good value for money in a city where real estate prices often run much higher. Its balance of affordability, connectivity, and modern facilities makes it ideal for both investors and end-users.

Established Residential Markets in Jaipur

Traditional real estate zones such as Ajmer Road, Tonk Road, and Jagatpura continue to attract the majority of housing investments. While new residential clusters are emerging, buyers still prefer well-developed neighborhoods with reliable civic infrastructure, reputed schools, and healthcare facilities.

Although concerns over project delays and developer defaults have impacted buyer confidence, most investors continue to prioritize trusted and financially stable developers.

Industry experts note a growing trend toward plot purchases alongside apartments, indicating a shift in buyer preferences.

Other Promising Locations

Areas like Pratap Nagar and NRI Colony have also gained attention due to upcoming infrastructure initiatives. Proposed developments include Jagatpura railway station expansion and metro connectivity to Sitapura, which could further boost property values.

Despite past challenges, buyer sentiment is gradually improving. The real estate sector in Jaipur is expected to regain momentum, with 2022 laying the groundwork for recovery in 2023.

Conclusion

Established residential zones have played a key role in driving the expansion of surrounding areas, while new investment corridors continue to emerge across Jaipur. Infrastructure upgrades along Agra Road and Sikar Road have created fresh opportunities for homebuyers and investors alike.

Government initiatives such as Alternate Investment Funds (AIFs) and a strong push toward affordable housing are expected to support growth in Jaipur and other Tier-II cities. Overall, Jaipur’s real estate market shows strong long-term potential driven by infrastructure, affordability, and steady urban development.