Options confirm popularity at Phulera

A random online search for Phulera plots, residential and commercial establishments yields a handsome number of query results. The Google space is perhaps bombarded by people and builder groups attempting to sell and buy plots in Phulera, Jaipur. Property in Jaipur, since a few years, has been a hot pick. This popularity of Phulera plots is however recent. But despite being current, residential plots in Phulera and other real estate investment offers in region, have garnered definite attention. This sudden interest in Phulera’s real estate scenario leads to two critical matters viz.:

1. Why are Phulera plots suddenly so important?
2. What are the repercussions of this competition on the Phulera investment scenario?

The secret to Phulera’s popularity

Being a municipality in Jaipur, Phulera enjoys Rajasthan’s generic charm; this however is nothing new. A number of educational institutes and setups are established around the area; but again they have existed since a while. The place has a Sambhar Lake with its boat rides and bird watching and Shakambari Temple to pull tourists; but again these places of tourist interest date back to ancient civilization. National Highway 8 definitely made the area more reachable via road, but that too is sort of old news. What is then new about Phulera that has all of a sudden pulled up buyers and sellers?

Oil hasn’t been recovered from the Phulera soil and neither have the diggers found unexpected gold reserves in the area. Instead, government’s ambitious DMIC project has identified the Phulera junction as a station in the route chart. The biggest solar plant is coming up in vicinity and the airport is already under construction. The Mahindra World City has exploded in a big way and the massive commercial drive, forced a residential cover up, hence the popularity and demand of Phulera residential plots.

The competition in Phulera real estate: Good or Bad

Competition in any market is a boon for consumers / buyers. Competition simply implies that there is more than one seller and thus, none of the sellers enjoy monopoly. They have to compete with each other and to keep up with the competition, which is pretty fierce in the Phulera plot scenario, they have to offer best rates and maintain as much transparency in the selling process / offer.

In fact, competition not just pulls down the price, it also forces the sellers (builders in this case), to add more to the offer. As for buyers / property investors looking at Am Realty Solution’s Phulera plots in Lake View City, this fact has led to deal inclusions like special architectural inclusions, inputs from horticulture experts, additional inputs from Vastu professionals and more.

Besides, contest in real estate like residential plots in Phulera also confirms that the uptrend in Phulera investment scenario is for the real. Had there been a flaw, not many reputed builders like Am Realty would have invested in Phulera commercial plots. The seal of authenticity is thus embedded in the concept of competition.