Rajasthan

01 Dec 2009 Editorial Team

Upcoming commercial projects
Commercial real estate in Rajasthan is quite vibrant. The capital rates are far less as compared to Delhi and Mumbai; which has attracted an array of business organisations, who are looking at Rajasthan; especially Jaipur, as a potential commercial hub.

According to recent estimates, Jaipur is facing a shortage of more than 2,000 hotel rooms; leaving room for hoteliers to expand on their projects there. Similarly other projects like SEZs and shopping are being developed in prime commercial areas of Vidhyadhar Nagar and MI Road. These include:

l. GTM Techno Tower: This project by the GTM Group over 3 acre in Jaipur will comprise 2 blocks of G+2/3 blocks having spaces for corporate offices with all basic facilities. It will complete in December 2011.

2. Neemrana SEZ: This multi-product SEZ will be developed by Ansal API on 2,500 acre in Neemrana with an investment of Rs 6,553 crore.

3. Nasal Royal Plaza: Nasal Plaza will be located on the proposed six-lane Expressway between Krishna Garth and Aimer Collectorate. Spread over 3 lakh sq ft it will house a 5-acre amusement park and a 60-room hotel.

Upcoming residential developments
The housing and residential real estate segment in Rajasthan is growing from strength to strength. Not just end-users, but investors too are pumping money into the state, keeping its high-growth potential in view. This has resulted in a number of residential projects being constructed at the most sought-after locations of C-Scheme, Tilka Nagar, Malviya Nagar, Civil Lines and Bani Park. Some of the upcoming projects include:

1. Ashiana Aangan: Residential complex by Ashiana Homes Pvt Ltd at Bhiwadi comprises G+10 storey towers with 2/3 BHK apartments and amenities like piped gas, clubhouse, swimming pool, sewage treatment plant, childrens’ play area, etc. It will complete by March 2010.
2. Damodar Pearl Elegance: Residential complex by Spytech Buildcon in Jaipur comprises G+4 storied residential blocks having 32 flats of 3 BHK and amenities like commercial space, servant quarter in basement, community hall, etc. It will complete by April 2010.
3. Iris Residential: Residential Complex by Mahima Group on New Sanganer Road in Jaipur comprises 8 towers of G+8 storeys having 170 apartments of 2/3 BHK and amenities like clubhouse, swimming pool, etc. It will complete by March 2010.
4. Eden Court Apartment: Project by Verdia Construction at the New Navratna Centre in Udaipur houses 3 blocks of G+6 storey having 76 apartments of 2/3 BHK and amenities like clubhouse, swimming pool, etc. It is expected to complete in July 2011.

The real estate market of Rajasthan offers commercial and residential spaces that are both fairly priced and conveniently located thereby catering to every demanding requirement of a property buyer. This has created an immense business potential and drawn large interests from some of the leading Indian real estate developers in the state. Upcoming commercial projects Commercial real estate in Rajasthan is quite vibrant. The capital rates are far less as compared to Delhi and Mumbai; which has attracted an array of business organisations, who are looking at Rajasthan; especially Jaipur, as a potential commercial hub. According to recent estimates, Jaipur is facing a shortage of more than 2,000 hotel rooms; leaving room for hoteliers to expand on their projects there. Similarly other projects like SEZs and shopping are being developed in prime commercial areas of Vidhyadhar Nagar and MI Road. These include: l. GTM Techno Tower: This project by the GTM Group over 3 acre in Jaipur will comprise 2 blocks of G+2/3 blocks having spaces for corporate offices with all basic facilities. It will complete in December 2011. 2. Neemrana SEZ: This multi-product SEZ will be developed by Ansal API on 2,500 acre in Neemrana with an investment of Rs 6,553 crore. 3. Nasal Royal Plaza: Nasal Plaza will be located on the proposed six-lane Expressway between Krishna Garth and Aimer Collectorate. Spread over 3 lakh sq ft it will house a 5-acre amusement park and a 60-room hotel. Upcoming residential developments The housing and residential real estate segment in Rajasthan is growing from strength to strength. Not just end-users, but investors too are pumping money into the state, keeping its high-growth potential in view. This has resulted in a number of residential projects being constructed at the most sought-after locations of C-Scheme, Tilka Nagar, Malviya Nagar, Civil Lines and Bani Park. Some of the upcoming projects include: 1. Ashiana Aangan: Residential complex by Ashiana Homes Pvt Ltd at Bhiwadi comprises G+10 storey towers with 2/3 BHK apartments and amenities like piped gas, clubhouse, swimming pool, sewage treatment plant, childrens’ play area, etc. It will complete by March 2010. 2. Damodar Pearl Elegance: Residential complex by Spytech Buildcon in Jaipur comprises G+4 storied residential blocks having 32 flats of 3 BHK and amenities like commercial space, servant quarter in basement, community hall, etc. It will complete by April 2010. 3. Iris Residential: Residential Complex by Mahima Group on New Sanganer Road in Jaipur comprises 8 towers of G+8 storeys having 170 apartments of 2/3 BHK and amenities like clubhouse, swimming pool, etc. It will complete by March 2010. 4. Eden Court Apartment: Project by Verdia Construction at the New Navratna Centre in Udaipur houses 3 blocks of G+6 storey having 76 apartments of 2/3 BHK and amenities like clubhouse, swimming pool, etc. It is expected to complete in July 2011.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..