On Wednesday the Jaipur Development Authority (JDA) met with the Confederation of Real Estate Developers Associations of India (CREDAI), Rajasthan. The purpose of this meeting is to provide job opportunities and attract domestic investors during the Invest Rajasthan Summit 2022.

Several officials believe after the meeting that there will be new opportunities for industrial development and employment in Jaipur’s tourism sector. At the meeting, a leading developer from Jaipur announced that his group will invest around Rs 10,000 crore during the Invest Rajasthan summit in 2022. The group will begin work on the second phase of the Mansarovar amusement park. In addition, a medical college will be built within a 10 km radius of the established medical hospital on Shipra Path in Mansarovar.

In addition, three industrial cities also established in Jaipur City, where about 2,000 companies will be established. Also, two integrated buildings will be built with about 3,000 plots. The group said it would also set up an IT center where the company’s offices in the cities of Chennai, Bangalore and Hyderabad would be available. In addition, these plans will also contribute to the development of housing construction.

The group informed the community that we will build two shelters for working women on the Jagatpura-Tonk road. In addition, a private golf course will be built on the way to Delhi.

Authorities making efforts to increase real estate investment! 

Other developers of CREDAI (Confederation of Developers’ Associations of India), who attended the meeting. They asked for the development of residential and commercial townships.

Jaipur Development Commissioner Gaurav Goyal said: “Rajasthan is a state with enormous industrial potential. Investment in the Rajasthan Summit in 2022 not only leads to the development of Jaipur, but will also create new job opportunities.”

Chief Minister Ashok Gehlot, in the 2021-22 budget announced that an investor summit would be organized to attract more and new investors to the state. The authorities are making an effort to increase investment in the real estate sector.

According to an official, several CREDAI members offered to provide concessions and incentives for water and electricity connections a municipal development memorandum and a proposed scheme. “After receiving feedback from various participants, the issues will be resolved at the JDA level. The issue that the JDA cannot resolve, referred to the state government.

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