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Showing posts with label dream destination. Show all posts
Showing posts with label dream destination. Show all posts

It Companies Flock Jaipur, City Real Estate to Reap Gold

While property values in metro cities like Delhi, Mumbai and Bangalore urge corporate to look for alternative destinations to support their expansion plans, without escalating operating costs to prohibitive levels, Jaipur makes a sound proposition. Definitely, Jaipur real estate has attracted IT companies with its list of advantages.

Proximity to Delhi, and Mumbai

Owing to its proximity, 258 kilometers, to national capital city of Delhi, Jaipur is deemed as a potential alternative for setting up corporate offices. Nevertheless, the city is predicted as one of the ten ‘Mega Cities of future’ in India.

Jaipur real estate, nevertheless, is steaming with a suit of mega projects. The largest of them include Mahindra’s 3000 acre SEZ (Special Economic Zone), Anil Dhirubhai Ambani Group’s (ADAG) Mega City Development Plans, and Hero Honda’s Rs 700 crore manufacturing plant.

International finance major GE capital has already started its operations in Jaipur while technology major viz. Infosys, Cisco, Wipro, HCL, IBM, are exploring opportunities in real estate markets of Jaipur.

Business Processing Outsourcing (BPO) giant Genpact, after setting up a huge facility in the city, is also planning to invest around Rs 150 crore in the upcoming IT SEZ in Jaipur. Such kind of commercial activities have been generating further employment opportunities, and a large number of people are expected to come to settle in the city. Corporate demand would entail class housing and infrastructure to sustain future growth. And it ultimately points out to the major overhaul for the residential properties in Jaipur.

At present, national realty majors like DLF, Sahara and Ansal have their projects underway in the city. Parsvnath Group, which has its presence in many cities of Rajasthan, is developing residential projects in Jaipur. Vatika Group is also coming up with Vatika InfoTech city that would carry a mix of commercial and residential properties.

Property values in Jaipur

According to MagicBricks.com reports, the current capital value of apartments in prime residential locations of Civil is floating around the levels of Rs 2,500-3,500 per sq. ft and the rentals are around Rs 9,000-15,000 per month.

In C-Scheme, another prime residential location of Jaipur, the apartment capital value is Rs 3,000-4,000 per sq ft for a 2BHK apartment and the rentals are approximately Rs 8,000- 20,000 per month. Rental values, at one of the most sought after residential locations of Jaipur—Malviya Nagar, however are moderate at Rs 5,000-Rs 15,000 per month. Good quality independent houses are also available at the rent of Rs 7,000-Rs 10,000 per month, in the area, brokers informed.

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Career in Cairo, the ‘City of Thousand Minarets'

Cairo, one of the most fascinating career destinations in the Middle East, is the capital of Egypt. This education center houses the second oldest institution of higher learning in the world, Al-Azhar University. Being a popular commercial hub, it offers plenty of career opportunities to the well trained and qualified professionals. Jobs in Cairo extend tough competition for expats but promise handsome remuneration and luxurious lifestyle amidst the allures of the city.

Cairo is the largest city in Egypt in terms of area and is among the most densely populated cities in the world. It is a political, cultural and media hub that has publishing houses, media outlets, film studios, music industry and other such institutions. The healthcare sector of the city is well established and expanding with the considerable growth in population propelled by larger movement of people. The education sector is also quite developed unlike other cities in the Middle East and is flourishing with higher demand for schools and colleges. The need to distend these services has triggered activity in real estate industry so as to cater to the increasing demand for residential and commercial structures. All this has caused a shortage of human resources generating thousands of jobs in Cairo.

The major sectors that employ expatriates galore in Cairo include publishing, education, development or NGOs and businesses. And, one must apply for jobs in Cairo before moving to the city and not wait to arrive to the city to take up employment. Since networking and personal references are weighed much higher than direct applications, it is crucial to have a job in hand before relocating to the city. Creating contacts takes time and efforts, thus, it is advisable that you apply for jobs in Cairo through newspapers or online and migrate only after getting one. Besides job security, grabbing a job beforehand fetches higher salaries as they are paid in local currency not Egyptian pounds. Whereas, if one gets a job post entering the city, he/she is expected to be paid in Egyptian pounds thereby earning lesser money than otherwise. Entrepreneurship is also one of the most popular options for people moving to the city.

Cairo is a mega city and offers world class living which is why it is the most preferred by expatriates. Along with monetary benefits and high standard lifestyle, it has many other attractions like museums, towers, mosques, shopping areas, etc. Cairo has an excellent infrastructure with one of the world's busiest metros, well maintained roads and other facilities. And the demand for homes, roads, electricity, telephone and sewer services is growing with huge influx of migrants every year. Jobs in Cairo lure well qualified and experienced professionals into leaving their home land and moving to this fascinating city. Jobs in Middle East are popular for hefty sums of money they offer but in case of Cairo, it is the perfect package of money and modern lifestyle that pulls people from across the world.

Unlike in most countries, learning Arabic is not important as various companies operate with English as the main mode of communication. But, it can't be denied that its knowledge helps in expanding network and getting noticed socially. Even though all the comforts of modern living, it suffers from similar problems of pollution and traffic like that of metro cities. But, this is not much a problem with expats- Americans, Europeans, Asians- as it is natural and expected, more the urbanization, more the chaos.

Jobs in Cairo offer, the largest city in Africa and the Arab world, it is a dream destination for millions of job seekers.

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