Overview of Malviya Nagar, Jaipur

Malviya Nagar, located in the southern region of Jaipur, provides a mix of residential, industrial, and commercial properties, making it versatile for buyers and renters.

Property Prices and Trends

The average price for buying properties is about ₹6,156 per square foot, ranging from ₹3,333 to ₹8,888 per square foot, indicating a broad spectrum to meet different budgets. In terms of price trends, apartments have seen a 16.2% increase over the past year, with a major 74.3% surge over the last five years.

Rental Market

Renters have numerous options in Malviya Nagar. 2 BHK flats range from ₹14,000 to ₹18,000 per month, 3 BHK flats from ₹22,000 to ₹80,000 per month, and larger units are also available at higher prices. The average monthly rent here is ₹25,200 to ₹42,800, with choices from both affordable and premium categories.

Connectivity and Amenities

Malviya Nagar is well-connected by roads and close to significant infrastructure including Jaipur International Airport (5 km via NH21/NH248), bus and Volvo stands, and railway stations like Gandhinagar and Durgapura. Nearby is also a metro station. Many amenities are available, including good schools, hospitals like Ghiya Hospital, and modern communities with various amenities and green spaces.

Lifestyle and Environment

People in Malviya Nagar value good public transport, easy cab/auto availability, and well-maintained roads. Issues like frequent traffic jams and no direct metro link persist.

Investment Insights

Malviya Nagar stands out as a good investment area due to its proximity to employment centers, industrial zones, and the airport. The presence of multiple commercial offices and industrial areas makes it popular for both residential and commercial investments.

PropertyWala's Conclusion

In Jaipur, Malviya Nagar combines affordability, modern lifestyle, and a strategic location, making it appealing for buyers and renters. It offers various property types and price ranges. Investors should weigh the area's growth trends, connectivity, and infrastructure, despite traffic jams. Overall, Malviya Nagar remains a strong option for those seeking to invest or live in Jaipur.