It’s the biggest infrastructural announcement in years for Jaipur. The foundation stone of Metro Phase 2 has finally been laid, and shortly the real estate map of the city will be completely changed.
The Orange Line will be 42.8 kilometers long and will run from Prahladpura and Sitapura Industrial Area in the south to Todi Mod on Sikar Road in the north. The total project cost is ₹13,037 crores. If you are someone who is keeping an eye on the upcoming new projects in Jaipur, this is the new place for you to keep your eyes on.
1. Connecting the Parts of the City That Actually Matter
The current Pink Line is an east-west path. The heaviest commute traffic in the city is in Phase 2—a North-South route that has long been a pain for residents.
Thirty-six new stations will be connecting Sitapura and Pratap Nagar in the south, will pass through Tonk Road, SMS Hospital, Narayan Singh Circle, Sindhi Camp, and Jaipur Junction, and will proceed to Ambabari and Vidhyadhar Nagar, the Vishwakarma Industrial Area belt in the north. There is also a separate underground path that connects straight to Jaipur International Airport, which is rare for the city.
2. What This Does to Property Demand
As soon as metro access enters a new zone, people begin to buy before the building is complete. When metro access is extended to a new zone, people begin purchasing before construction is over. This is the same as it was along Phase 1.
It’s here that they’re starting to get momentum:
- The early buyer interest is being noticed in Jagatpura and Pratap Nagar, as they are directly connected to the central business district on this new line.
- Inquiries are on the rise for properties within a 10 to 15 minute walk from proposed stations as buyers attempt to beat prices adjusting or make their purchase.
- New residents are catching the interest of the developers in pockets around Sitapura and Ambabari in the north.
- There have been changes in the commute calculation. Today, customers don’t measure in kilometers; they measure in minutes. It is much easier to make that calculation with access to Metro.
3. New Commercial Projects in Jaipur Along the Route
Improved public transport services will lead to more regular traffic to places of business, and already the new stations are attracting the attention of developers to commercial destinations.
Grade-A office spaces and coworking spaces are being kept in mind around Gopalpura, Durgapura, and Malviya Nagar. High-traffic intersections close to Narayan Singh Circle are attracting attention as retail and shopping centers. The construction of an underground link between the airport and the city has sparked discussions on business hotels and serviced apartments in the vicinity of SMS Hospital.
It is a great corridor, and more and more commercial projects are coming into line with this corridor in Jaipur as accessibility has become a reality and not a promise.
4. A Few Things Smart Buyers Should Keep in Mind
While the proximity of Metro sounds great in a sales pitch, the details count so much more than the sales pitch.
Ensure that the exact distances of the property are determined from the closest proposed station. The distances of five hundred meters and three kilometers are vastly different from day to day. Restrict your projects to RERA-registered projects and developers who are experienced in the field in Jaipur. Then consider a 5- to 7-year time horizon, since this type of project takes a while to be realized in property values.
Conclusion
Jaipur, as a tier-2 city, is growing rapidly; therefore, challenges like traffic jams and connectivity problems for the public are a big concern in front of government departments or town planners. To ensure good connectivity and better public transportation, this project was the most awaited project for Jaipur.
The new route of 2ed phase would ensure the connectivity of hospitals like Mahatma Gandhi Hospital, Durlabhji Hospital, Kandaka Hospital, EHCC, CK Birla, and most importantly, the biggest one in Jaipur, Sawai Man Singh Hospital.
This route is also very important for commercial and administrative kinds of purposes, as most of the malls, government departments, and corporate offices are situated on this route.
BigSauda provides verified residential or commercial properties in all key areas of the city and also compares the upcoming new projects in Metro Phase 2 before prices change.
Disclaimer: This blog is for informational purposes only and is not to be seen as financial or investment advice. The prices mentioned about the property and the time of completion of the infrastructure are from public sources and are subject to change. The reader should do their own research and seek advice from a financial advisor or a legal expert before making an investment decision in real estate.
