Kota is a city located 240 km from Jaipur, the capital of Rajasthan. Kota is one of the biggest education hubs in India, famous for its coaching centers. Many students come here to prepare for competitive exams like NEET and JEE.
Apart from being an education hub, Kota is a well-developed city. It has good connectivity to other parts of India through roads and railways. Kota is one of the cities selected under the government's Smart Cities Mission.
Kota also has many other industries like oil, textile, paper, cotton, nylon, alcohol, electric cables and rubber.
Due to these factors, Kota is becoming a popular place for people to live. Here are the main reasons to invest in Kota real estate:
Kota is connected by several national highways to cities like Udaipur, Jaipur, Jabalpur, Kanpur, and others. It is an important railway junction connecting to Delhi and Mumbai.
Education Hub Kota is famous for its coaching institutes that prepare students for medical and engineering entrance exams. Top institutes like Bansal, Allen, Nucleus and Aakash are located here.
Lakhs of students come to Kota every year to study. As an education hub, Kota has seen growth in related areas like hostels, hotels and restaurants.
With so many students, there is very high demand for rental housing in Kota. So residential properties have great potential for rental income.
Mahaveer Nagar Mahaveer Nagar is a well-developed area in Kota to buy a home. It is well-connected to different parts of the city. It has many hospitals like S Narayan, PMC American, Anurag etc. nearby. There are also several schools like Glorious Public School in this area. It has 6 malls, 15 shopping plazas, 14 supermarkets and many restaurants.
Talwandi Talwandi is a nice residential area as it has excellent transport facilities to the rest of Kota and neighboring cities. There are 4 major bus stops close by. It is a highly developed locality with modern infrastructure and amenities. Around 80 hospitals and 21 schools are located nearby. It has multiple malls like Cine Mall, CITY Mall, Aakash Mall and 20 supermarkets. Many restaurants like Emmanuel Café, TFT Chinese Food are also present here.
Real Estate Future in Kota: Kota is becoming a leader in education in India. Due to its importance as an education hub, it is getting more state and central government funds for infrastructure development.
The Rajasthan government approved Rs 120.80 crore for constructing a new green airport in Kota in 2022. Rs 40 crore was also approved for shifting power lines for the airport area.
With infrastructure growth and Kota's rise as a top coaching destination, the real estate sector is rapidly growing. There is increasing focus on building hostels and coaching spaces.
As more students come to Kota, the rental demand for residential properties is also rising quickly.
Final Thoughts: Kota is a rapidly developing city. Its booming education sector is increasing demand for housing. So currently, Kota is one of the best cities for residential real estate investment.
However, you should take help from a real estate agent before choosing the right property.