Track2Realty Investment Magnet Report 2015 picks up 100 best housing projects across India.
Location: Ajmer Road, Jaipur
Project type: 2 & 3 BHK Apartments
Price: Rs. 35 Lakh-58 Lakh
Project execution lifecycle: September 2014-October 2017
The quest for upgraded housing solution is not very high in Jaipur but Ashiana Umang is one of the projects that promise to change the urban housing landscape in this part of the world.
Even though it is a low key project from the standpoint of price point and comparative advantage to other evolved housing markets, it nevertheless offers all the modern amenities and hence holds good appreciation potential and rental returns.
Spread across an area of 12.5 acres, the community has all upscale amenities like swimming pool, gymnasium, club house, intercom facilities and security services.
The location is close to Mahindra SEZ that is within the Mahindra World City and is 6 kilometers from Jaipur. It has companies like Girnar soft, Tech Mahindra, Infosys and EXL within the area. The price point of the project hence indicates sizeable appreciation in the medium to long term.
Moreover, due to the work force in and around Mahindra SEZ and expected workforce of around a lakh over there the project holds good rental income potential as well. The area is easily accessible from the Jaipur-Ajmer Expressway.
The Jaipur Airport is 15 kilometers away while the Jaipur Railway Station is at a distance of 6 kilometers.
It is also close to schools with Jayshree Periwal International School, St. Xaviers School, Radcliffe, and DPS in the vicinity. JK Lakshmipat University and Manipal University are also nearby.
Track2Realty Rating: B
Location & Aspiration: 6/10
Physical Infrastructure: 7/10
Social Infrastructure: 5/10
Appreciation Potential: 8/10
Competitive Advantage: 7/10
Rental Potential: 8/10
Launch2Sales Ratio: 6/10
Construction Quality/Timelines: 7/10
Livability Index: 6/10
ROI Cycle: 7/10
