Outline of Jhotwara, Jaipur

Jhotwara, situated in the northwest of Jaipur, is a flourishing area with a variety of real estate options. Let’s dive into the specifics of Jhotwara’s real estate market.

Transportation and Connectivity

• Jhotwara sits close to major transportation routes like the Delhi-Ajmer Expressway, Niwaru Road, and Kalwar Road, ensuring smooth access to Jaipur and Delhi.
• The neighborhood is linked via Jaipur Metro, with key stations including Chandpole on the Pink Line and Kanakpura Railway Station. Jaipur International Airport is about 21 km away.

Types of Properties and Their Prices

• Residential Choices: Jhotwara houses numerous property types, such as apartments, builder floors, standalone houses, and villas, spanning various sizes and layouts.
• Price Range:
  • Apartment costs range from Rs. 1,950 to Rs. 4,050 per square foot.
  • Land prices vary between Rs. 3,200 and ₹10,000 per square foot.
  • Builder floors range from Rs. 3,050 to Rs. 11,800 per square foot.
  • Flats, on average, go for around Rs. 3,815 per sq ft.

Amenities in the Area

• Education: Top schools like Bright Horizon, Royal Public, and Dream India are nearby.
• Medical Care: The area provides excellent healthcare at hospitals including Khetan, Metropolitan, Shalby, Marudhar, and Krishna.
• Shopping and Fun Spots: Malls like Triton Mall, Sun N Moon Mall, and Pink City Plaza are within reach and the neighborhood has various leisure activities and tasty restaurants too.

Growth and Development

• The Jhotwara Industrial Area has driven significant growth, encouraging development in this region.
• Major developers such as Vardhaman Group, Abhishek Build Homes, and Rishi Build Developers have shaped the area’s real estate market.

Rental Options

• Jhotwara offers rental choices, including semi-furnished apartments and standalone houses. For instance, a 3 BHK semi-furnished apartment can be rented for approx ₹24,000 each month.

Price Increases and Appreciation

• Apartments in Jhotwara have appreciated by 17.7% in the last year, 19.7% in the last three years, 49% in the last five years, and 40.4% in the last decade.
• Builder floors have increased by 28.3% last year, 32.8% over three years, and 67.4% over the last five years.

PropertyWala's Summary

Jhotwara, Jaipur, is a top real estate choice for buyers and renters. Thanks to its strategic location, excellent connectivity, and a host of amenities such as esteemed schools, quality hospitals, and recreational spaces, it provides a great lifestyle. With consistent price appreciation and diverse property choices, Jhotwara stands out for both investors and homeowners. Whether you hunt for a modern apartment or a standalone house, Jhotwara caters to all budgets and preferences.