Tourism triggers real estate boom in Jaipur
Jaipur,
Jan
28,
2008
:
Real
estate
prices
are
witnessing
an
upward
spiral
in
the
city
of
Jaipur,
better
known
as
the
'Pink
City",
one
of
India"s
prime
tourist
destinations.
The last five years have witnessed a manifold growth in the sector. As per market estimates around 1,50,000 crore rupees are likely to be invested in the next four to five years in Jaipur alone. The city attracts a large number of investors due to its strategic location, besides being a tourist hotspot.
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Story first published: Monday, January 28, 2008, 14:56 [IST]