Overview of Vaishali Nagar, Jaipur

Location and Connectivity

Vaishali Nagar is situated in the south-west part of Jaipur, Rajasthan. You'll find it close to NH-48, which provides great connectivity between states. It's linked to the west of Jaipur by Gautam Marg, Vaishali Marg, and Ajmer Road. The Jaipur Junction Railway Station is roughly 8 km away via the Elevated Ajmer Road.

Property Types and Prices

• Apartments: This neighborhood features mostly 2 and 3 BHK residential apartments. The average cost for apartments is between ₹4,050 and ₹4,750 per square foot. Here are the price ranges for flats:
  • 1 BHK: ₹22.5 lakhs - ₹65 lakhs
  • 2 BHK: Prices vary, generally at the average rate per square foot.
• Independent Houses: These come in different sizes and styles, priced from ₹13.89 Lac to ₹40 Lac. You can find houses in well-known societies like Manglam Aadhar, Platinum Heights and others.
• Land and Builder Floors: Land costs range from ₹4,550 to ₹12,800 per square foot, while prices for builder floors fall between ₹4,050 to ₹6,850 per square foot.

Rental Insights

• Monthly Rentals:
  • Affordable properties (< ₹12,000/month): 20+ options
  • Mid-range properties (₹12,000 - ₹16,000/month): 70+ choices
  • Premium properties (> ₹16,000/month): 260+ properties
  • Average rental range: ₹12,900 - ₹39,800.
• Popular Rentals: Projects such as Ashiana Manglam Rangoli Gardens, Manglam Aadhar, and Rangoli Greens are popular picks.

Amenities and Infrastructure

Vaishali Nagar offers a calm and well-organized residential setup with impressive connectivity. It comes with essential amenities like:

• Schools
• Medical centers
• Restaurants
• Supermarkets
• Parks.

Price Growth and Rental Yields

• Price Growth: Average apartment prices typically grow by 0.0% YOY. However, some spots like Ashiana Manglam Rangoli Gardens, Rangoli Greens, and Platinum Amaltas have shown better growth between 12.5% to 15.0%.
• Rental Yields: Projects like Manglam Aadhar and Purple Symphonia lead in annual rental yields here.

Neighborhood Comparison

Vaishali Nagar is a bit farther from main business areas like C-Scheme and Malviya Nagar. Nevertheless, it offers a peaceful vibe. Compared to higher-end areas like Civil Lines and Raja Park, Vaishali Nagar has a lower cost of living, making it ideal for folks looking for comfort at a fairer price.

PropertyWala's Conclusion

Vaishali Nagar in Jaipur is a prime residential zone that blends calm living with easy access to key amenities. It offers a variety of property choices, like apartments and standalone homes, at different costs. Thanks to its good infrastructure, solid connection, and peaceful surroundings, it’s a great option for families and individuals seeking a comfortable place to live. Remember to look into the specific project and area within Vaishali Nagar to get the best investment returns or rental profits.