SKN Group Presents ‘Wall City’ at NH-8, Jaipur - Business - Sales
Search by Author, Title or ContentArticle ContentAuthor NameArticle TitleHomeSubmit ArticlesAuthor GuidelinesPublisher GuidelinesContent FeedsRSS FeedsFAQContact UsSKN Group Presents ‘Wall City’ at NH-8, Jaipur?? by Zameendurgeshin Business / Sales ?? (submitted 2012-11-02)SKN Group has launched 'Wall City', an integrated township at NH-8, Jaipur. This premium residential project at Jaipur is a 250 acres project of which 150 acres are being offered in Phase-1. The project offers Freehold residential plots of sizes ranging from 100 sq.yards to 500 sq.yards at affordable prices. Buyers can refer to Price list of Wall City for detailed information about prices. The township boasts of amenities like- Club house, Swimming pool, Party lawn, Shopping complex, Green belt, Jogging track, Mini Golf Course, Temple etc. Township has gated entry and there is provision for essential facilities like- Round the clock security, Water supply, Electric lines network and Well lighted roads. International Universities like- Manipal, BITS Pilani, Jyoti Vidhyapith and Government Central University are in close vicinity. Strategic location of this township makes it ideal for both home builders and investors. Township is located on Jaipur-Ajmer Express Highway, nearby to Mahindra Sez. Mahindra Sez is spread over an area of 3000 acres and more than 150 companies will create 2.5 lacs new jobs here. Proposed Kishangarh airport is in close vicinity. Township is very well connected to Delhi-Mumbai Industrial Corridor ( DMIC ). Strategic location of the township makes it ideal for both home builders and investors.
This premium residential project at Jaipur offers an excellent investment opportunity for those looking to buy properties for investment purpose. Appreciation in property prices in Jaipur has been hovering around a healthy 12% per annum, which is remarkable for a tier- II city. Property prices here are quite low compared to big cities and other tier- II cities. This provides great scope of appreciation. Due to depreciation in rupee against dollar, NRIs and PIOs are also showing heightened interest in investing in real estate sector. Wall City Jaipur can be a good investment opportunity for them too. Rupee was trading at Rs. 55 per dollar few weeks ago but now a steady rise in its value is being noticed. This trend is expected to continue for a while now. So, NRIs investing now can expect windfall gains of more than 30% within a year ( on account of appreciation in value of rupee and general appreciation in property prices in Jaipur). Moreover, Government policies for NRI and PIO real estate investors are also quiet favorable. As government allows 100% repatriation, they can easily take the rental income and capital investment in the property outside India subject to FEMA. NRIs can get loans easily from banks to invest in properties but NRI remittances and repatriation procedures have emerged as the best option for them. NRIs are permitted to use their own funds to acquire immovable property. These funds can be remitted through Non-resident external(NRE), Non-resident ordinary(NRO) or Foreign currency non-resident(FCNR) accounts.
Developer of this project, Shree Krishna Nayan Real Infra Pvt. Ltd. ( SKN Group ) is a young, dynamic and vibrant real estate developer from Jaipur, specializing in providing plots, villas, shops and farmhouses in locations surrounding Jaipur. The Group has been one of the pioneers in plotting and farmhouses segment.About the Author
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