Property prices in Jaipur have increased by 11-12% during the period 2009 to April 2011 according to a recent report by CRISIL Research.

Jaipur real estate also offers the best growth prospects among the 10 smaller cities studied by CRISIL Research.

“Price appreciation is not the sole determinant of long-term attractiveness for investment. Potential for demand growth, price stability, quality of infrastructure,” said Prasad Koparkar, head of industry and customised research at Crisil Research.

The number of units sold in Jaipur in 2010 was the highest among the 10 small cities and second largest in terms of value of houses sold.

The cities studied included Bhopal, Bhubaneswar, Coimbatore, Indore, Lucknow, Nagpur, Surat, Vadodara and Visakhapatnam.

The report has forecast that of the 10 smaller cities, realty prices will rise in seven of them, while only four of the 10 big cities will register a rise in rates.

Enter your email address:         Delivered by FeedBurner

Tags: Bhopal, Bhubaneswar, Coimbatore, Indore, Jaipur real estate, Lucknow, Nagpur, Property prices in Jaipur, Surat, Vadodara, Vadodara and Visakhapatnam, Visakhapatnam

This entry was posted on Friday, August 5th, 2011 and is filed under Property in Jaipur. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.