Jaipur's real estate scene buzzes with activity in the mid-income segment. Homes priced ₹35-80 lakh lead the charge, especially during Diwali. Families seek upgrades to spacious abodes with top amenities in planned townships. Mangalam Group's Chairman notes rising site visits and inquiries.
Parsvnath Developers' Diwali sales dropped 40-50% due to high interest rates and lending restrictions. Despite this, the company plans to maintain prices, focusing on cost reduction by cutting salaries and expediting projects.