The city of lakes, Udaipur is no longer just a tourist city across the globe but also an emerging real estate hotspot in Rajasthan state. Apart from the royal palaces and lakes, the city’s skyline says it all about its real estate growth. The strategic location, modern infrastructure, and tourism business make Udaipur an attractive choice for real estate investors, businesses, and homebuyers.
Whether you are looking to buy a home in Udaipur or to invest in a real estate project, it is best to understand the current real trends of the city to maximize your returns. Here is this blog, SME Group, the best real estate developer in Udaipur, highlights the present key factors shaping Udaipur’s real estate market.
Udaipur’s real estate has the potential for significant growth in 2025, driven by the following factors:
Technological Advancement
Not only in Udaipur but across the globe, the real estate sector is revolutionizing. Thanks to technological advancements like virtual reality, augmented reality, 3D printing, and incorporating IoT (Internet of Things) in real estate. The best part is that this technological innovation enhances efficiency, reduces cost, promotes sustainability, improves project quality, and guarantees high returns in the long term.
Ongoing Infrastructure Development
Unlike other cities, Udaipur is well-connected to major cities like Jaipur, Ahmedabad, and Delhi through a robust road, rail, and air network. The city also supports a well-established network of private and public transport, including buses, cabs, and rickshaws. Further, with ongoing infrastructure projects such as highway expansions and smart city initiatives, Udaipur is all set to be more accessible and planned than ever, attracting several investors.
Sustainable and Luxurious Residence
The current real estate in Udaipur focuses on sustainable and green developments. Thanks to the compliance with international green benchmarks, growing disposable incomes, and shifting lifestyle trends. Today’s home buyers are looking for high-end villas, gated complexes, and green homes, away from the city’s chaos. And here, SME Group’s Lakhawali Villa cum Resort Plan is a case in point. Surrounded by nature, the villa offers all luxurious amenities, blending sustainability and luxury.
Did you know that each year millions of domestic and international tourists visit Udaipur? And even this year, Udaipur continues to be one of India’s most visited tourist destinations. It eventually led to a rise in demand for hospitality and rental properties. Udaipur is one of the best cities in India for those who are looking for short-term or long-term incomes through hospitality or rental properties.
Call For Affordable Properties
At present, the land in Udaipur marks an average price per square foot of ₹4,637, reflecting an 8.14% year-over-year increase. While property prices are still showing an upward trend, youngsters and working professionals are more inclined towards budget-friendly residential developments in Udaipur without compromising other benefits. Projects like Umarda (Phase II) by SME Group cater to this segment by offering affordable yet well-connected housing options.
Strategic Plotted Developments
With a focus on long-term earnings, investors are looking for strategic real estate plots in Udaipur. Rather than construction projects in Udaipur, plots offer high gains and appreciation potential. For example, SME Group’s Balicha (Phase II) project, located near the Ahmedabad Highway, is attracting buyers all over the city.
Mixed-use and Integrated Developments
Are you planning to invest in Udaipur’s blooming real estate in 2025? Here are the best locations that you may consider:
There’s no doubt that, like any other year, Udaipur will continue to be a “golden opportunity” for investors in 2025. Compared to metro cities like Mumbai or Delhi, Udaipur’s real estate prices remain relatively affordable and still provide high returns in the long term.