Mansarovar has been one of those places in Jaipur, which had rather been slow and sluggish in obtaining the real estate essence. Not that the builders or developers were indifferent to this area, but it's just that things never went up front. However, the last 2-3 years have seen a total U-turn in terms of market movement and investments. You need to remember that real estate business ahs far reaching ramifications and entwine diverse financial implications, which are often infectious, per say. For an area situated close to thriving localities like Tong Road and Jagatpura, it was only a matter of time before the sip steadied its sails.

The market pathway

Located in Thadi market in Jaipur, Mansarovar has different types of properties for sale. If you make a prismatic study of the real estate scene here, you will be surprised to know about a very interesting development. There are 1 BHK residential flats in this locality, which are for sale. The measured area is about 535 sq feet and the semi-furnished flats are positioned at 2nd, 3rd and 4th floors. The price starts from Rs 21 lakhs. You also have 300-400 sq yards of residential land in the locality.

Noteworthy precedents

You have facilities like compound wall, security and proper drinking water. Proximity to Tar Road gives you the opportunity to commute freely. Conveyance facilities are good as well. You have 2 BHK residential apartments in Mansarovar for sale. Basic facilities include lift, compound wall, modular kitchen and parking. Moving over the 2 and 3 BHK blocks, you also have 4 BHK individual homes in Mansarovar. The selling rate and financial demarcation is very important in this regard. The measured land area is roughly 100-120 yards with a built-up diameter of 2500 yards. You have both semi-furnished and furnished houses in this 4 BHK segment. The price range is Rs 1.5- 2.5 crores.

The realty reality

Market pundits opine that developers in this area are eyeing a rising lot of end-buyers and prospective investors in commercial projects. Considering the fact that this place has lots of residential spaces, many builders and real estate developers are now trying to change or mold those homes into office spaces. It remains to be seen whether the current market narrative will be able to sustain itself in the face of further progression or regression. Money market in real estate circles is a very unpredictable one. Investing in an area, which is ruling the roost now, might turn out to be a damp squib in the future if certain projects do not attain completion. It is this infrastructure and amenities block that is the driving force in this regard.

Property rates and jinxes

One of the most striking features of the Mansarovar area is its residential lands. The vast square yards bear ample testimony to its open spaces. For example, you have 210-220 yards for residential plots. The sales front in equally surprising because sellers and developers keep it very flexible. The price starts from Rs 51 lakhs and stretched up to Rs 64 lakhs.