Top 10 reasons to invest in the real estate sector of Udaipur
Reasonable Prices
What makes Udaipur so peaceful and the most preferred city to live in southern Rajasthan, is the affordability of a property. When it comes to buying a property in Udaipur, its property prices per square foot are much lower than in comparison to other cities in Rajasthan such as Jaipur, Jodhpur, and Kota.
High Return on Investment
One of the major benefits of investing in Udaipur is the high return on investment, which makes it the best place for investors. Whether it is residential converted, agriculture, farm house, or commercial property, once you buy a property, surely you are gonna get a high return on your investment.
High Rental Yields
Hay, if you are looking to get a high rental income from your real estate investment, Udaipur is the right place for you. Investing in 2bhk apartments in areas like Navratan, Bhuwana is producing high rental income, up to 15000 to 20000 rupees per month.
Safety and Security
Udaipur is also known as one of the safest cities, and it is listed among 10 smart cities in the Rajasthan state, based on a recent smart city survey. Udaipur has a very low crime rate and a capable administration. It is one of the major reasons why wealthy people find it reliable to go to Udaipur and live their lives.
99 Year leasehold ownership
99 years of lease, it is also one of the major reasons why you sould invest in Udaipur. Indian and NRI investors can easily buy Udaipur properties including flats, houses, villas, farmhouses, bungalows and townhouses. They even can sell, lease, mortgage, rent or live in the property.
Booming Tourism Industry
Udaipur is considered one of the top honeymoon and tourist destinations in India, because of its beautifull lakes, mountains, mejistic forts, palaces and culture. Udaipur hosts some fo the largest malls in the Rajasthan, also famous for handicraft products. This makes Udaipur an perfect place for foreign direct investment, especially in the tourism, hotels and real estate sector, foreign direct investment, especially in the real estate sector.
Favorite Weddin Destination
From film start to ambani's, they have chosen Udaipur as a wedding destination, the city which has been acclaimed as “the best place in world” by “Travel and Leisure” Magazine. It's heritage hotels at sail of shimmering lakes makes it perfect wedding destination in Rajasthan. Investing in Udaipur real estate can be highly profitable for those who are looking hotel or resort investment in such kind of city.
Investment options
Udaipur offers plenty of investment options on its real estate market, where you can invest in vairous segments such as commercial properties in traditional markets or malls, hotels, service apartments, villas, farmhoueses, etc.
World Music Festival
The Udaipur world music festival is one of the biggest clutural event held every year in Udaipur. In this event, artists from around the world joins this event and perform. World Music Festival was supposed to be held between 11th February to 13th February 2022, but it was postponed due to the Covid-19 pandemic but it is planned to be held in february 2023. It is claimed that Udaipur World Music Festival will be the the largest clutural music festival to be held in Udaipur. It is expected that it will etablish a strong image of Udaipur worldwide and attract thousands of investors in Udaipur.
Education and Medical Hub of Southern Rajasthan
Udaipur is also known as the medicity of southern Raasthan. Home to some of the famous medical colleges and hospitals, Udaipur attracts thousands of students from every part of the India specially Rajasthan. Business leaders view Udaipur as the goldmine where tremdous growth is set to happen.
Conclusion
In this blog, we have highlighted, why to invest in Udaipur with the major one as the World Music Festival, which is expected to attract thousands of global visitors. Real estate expers consider Udaipur would be on top of the places where profitable real estate investment could be done in India.
If you are also looking forward to invest in Udaipur, Udaipur Property Group is a premier company having a list of projects that can match anyone’s requirements and fit into any budget. All you need is to call us at +91 911911 9798 and our well-skilled experts will tailor an investment plan for you. Take the initiative now!
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