PUBLISHED ON - 20 Nov' 2025

Jaipur Real Estate Market 2025 – Price Growth, Infrastructure, and Top Investment Projects

Jaipur has long been known for its palaces and heritage, but over the past few years, it has quietly transformed into one of India’s most promising real estate investment destinations. This transformation is driven not by marketing hype, but by a combination of hard numbers, landmark infrastructure projects, and a maturing local economy. The following sections outline why investors are turning their gaze to this capital city of Rajasthan.

A wave of appreciation and demand

According to data from real estate analytics firm PropEquity, Jaipur led all tier-II cities in India for price appreciation in 2024. The weighted average price of new residential projects launched in the city rose by 65 % between January and September 2024, escalating from about ₹4,240 per sq ft to ₹6,979 per sq ft.

This increase is far ahead of other northern cities such as Agra and Chandigarh, whose price gains ranged between 25–34 %. Developers and investors have responded by launching more upscale projects, which have pushed up values further.

Demand has kept pace with price growth. In 2024, housing sales in Jaipur edged up 5 % to 10,695 units, but the value of these transactions jumped 39 % year-on-year to ₹8,388 crore, a reflection of rising land and construction costs and the popularity of luxury residences. These figures underscore that buyers are willing to pay a premium for quality projects and location.

Connectivity Fuels Jaipur’s Next Phase of Growth

The central government is betting heavily on Rajasthan’s infrastructure, and Jaipur is a direct beneficiary. In December 2024, the Union Road Transport and Highways Minister Nitin Gadkari announced nine new road projects worth ₹30,000 crore for the state, including an 110-kilometre Northern Jaipur Ring Road with an investment of ₹6,500 crore, the Kotputli-Agra Greenfield Expressway (₹6,800 crore), and the Jaipur-Kishangarh-Jodhpur-Amritsar highway (₹12,000 crore). Mr. Gadkari noted that land prices near completed highways have risen fivefold, demonstrating how new road corridors translate into real-estate gains.

Beyond these headline projects, Jaipur’s logistical strengths are well documented in the Knight Frank India Warehousing Market Report 2024. The report points out that Jaipur is strategically located within 300 kilometres of Delhi and enjoys seamless connectivity via National Highway 48 and the Jaipur-Kishangarh expressway.

The city is also well-connected to Kota, Bikaner, and Agra through other national highways. This extensive road network links Jaipur to the northern and western regions of the country and has positioned the city as a critical logistics hub.

Key industrial areas – Vishwakarma Industrial Area, Sitapura, Bais Godam, and Bagru – have attracted Grade-A warehousing developments along the Ajmer Road (NH-48) corridor. Despite a 28 % YoY drop in warehousing transaction volumes in 2024, rental rates ticked up due to rising input costs and anticipated demand recovery. This indicates confidence among occupiers and investors in Jaipur’s long-term logistics potential.

Economic engines beyond tourism

Jaipur’s appeal is not limited to real estate. The city sits at the heart of Rajasthan’s diversified economy. At the Rising Rajasthan Global Investment Summit 2024, Mahindra Group chairman, Mr. Anand Mahindra, highlighted that Mahindra World City, Jaipur, has become a magnet for foreign investment, attracting 143 companies with a cumulative investment of ₹7,000 crore.

The integrated business hub has generated over 63,000 jobs and ₹23,000 crore in exports. This thriving industrial ecosystem provides a steady base of high-quality employment, which in turn supports housing demand.

Jaipur is also emerging as a startup hub. According to an Inc42 analysis, the city hosts more than 45 % of all startups in Rajasthan, benefitting from a skilled talent pool and proximity to Delhi and Gurugram.

Venture funding to Rajasthan-based startups has grown at a 35% compound annual growth rate between 2021 and 2024, and the state-run iStart programme has created over 29,000 jobs while nurturing thousands of early-stage companies. A thriving innovation ecosystem helps diversify the city’s economy and attracts young professionals who prefer to live close to work.

Rajasthan’s gem and jewellery sector, centred in Jaipur, also makes a significant contribution. Trade estimates reported by Business Standard show that the state exported ₹17,675 crore worth of gems and jewellery in FY 2024–25, with over ₹3,154 crore going to the United States. The sector supports thousands of artisans and underpins demand for housing among skilled workers.

Why are investors taking note?

• Rapid appreciation with room for growth: Weighted average prices have risen 65% in one year and continue to show upward momentum driven by demand.
• Healthy demand for quality housing: Buyers are upgrading to premium and luxury homes, pushing transaction values higher despite steady sales volumes.
• Transformational infrastructure pipeline: Northern Ring Road, Greenfield highways, and major road investments are unlocking new corridors and boosting connectivity.
• Diverse economic base: Industrial hubs, tourism, and a fast-growing start-up ecosystem create multiple demand drivers and long-term stability.
• Pioneering luxury developments: Landmark projects like Sawai are redefining premium living in Jaipur and attracting high-value end users and investors.

Akshat’s contribution to Jaipur’s growth

Akshat has played a significant role in elevating Jaipur’s residential landscape. The developer emphasises sustainability, thoughtful design, and community-centred planning, and this is evident in its diverse portfolio, among them a few are:

• Akshat Sawai: Sawai is located at Statue Circle, and it blends Jaipur’s palace architecture with contemporary design. It features intricate jali work archways and hand crafted jharokhas along with open air courtyards and locally sourced stone.
• Akshat Sky Homes, Kanota Estate: Part of the Kanota Estate on Agra Road, this project offers modern apartments with top notch amenities for a comfortable lifestyle.
• Akshat Durlabh: A luxury tower located in C-Scheme featuring striking architecture and lush landscaping that invites residents to enjoy all seasons.
• Akshat Anugrah: This development in Bapu Nagar offers well-planned residential units with modern amenities.
• Akshat Nilay: This project provides premium residences with contemporary designs and state-of-the-art facilities.

Akshat incorporates rainwater harvesting, energy-efficient lighting, and waste management systems, reflecting a commitment to sustainable living.

Jaipur’s golden investment window

Jaipur’s ascent from a heritage city to a modern investment hub rests on strong economic fundamentals, transformative infrastructure, and a surge in both mid-segment and luxury housing demand. Investors can tap into varied opportunities from affordable plots in Jagatpura to ultra luxury residences in Sawai while benefiting from robust rental returns and long-term appreciation. As the Pink City prepares for Smart City status, its real estate market offers a rare blend of cultural richness and modern growth. This is the time to explore Jaipur’s property landscape and secure a foothold in one of India’s most dynamic tier II markets.