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Insights for Nemi Nagar Extension, Jaipur Real Estate Market Overview

Nemi Nagar Extension serves as a distinct residential pocket within Jaipur, offering a mix of luxury villa living and emerging apartment projects. The market shows a clear price disparity between established luxury assets and new developments currently under construction. Rental demand remains steady across the broader micro-market, supported by professional hubs in neighboring areas.

  • Villas currently command an average of ₹22,500 per sq ft, marking them as the most premium asset class in the locality.
  • Under construction residential projects, such as MLM Ganesham Utsav, are priced at an accessible ₹3,700 per sq ft.
  • The under construction segment has seen a positive price growth of 1.71% recently.
  • Rental rates in surrounding key areas like Gandhi Path, Vaishali Nagar, and Shyam Nagar consistently average ₹50 per sq ft.

Market Strengths
  • Strong rental baseline of ₹50 per sq ft across major nearby localities like Gandhi Path, Shyam Nagar, and Sodala.
  • Diverse property options ranging from accessible under construction apartments to high-end luxury villas.
  • Positive price momentum of 1.71% in the under construction residential segment.
  • Strategic location within Jaipur providing easy access to key employment and retail hubs.
  • Sodala shows rental growth of 6.25%, highlighting its increasing appeal to tenants.
Market Challenges
  • The villa segment has seen a price correction of -5.45%, indicating a cooling off in the high-end luxury market.
  • Rental rates in Vaishali Nagar have experienced a decline of -10.53%, suggesting softening demand in that specific pocket.
Investment Opportunities
  • Under construction projects offer a lower entry price point of ₹3,700 per sq ft compared to established luxury segments.
  • Rental stability in surrounding areas like Gandhi Path and Shyam Nagar at ₹50 per sq ft suggests consistent demand for residential leasing.
  • The 1.71% growth in under construction projects indicates improving value for early-stage investors.
  • Proximity to established hubs like Vaishali Nagar provides long-term appreciation potential for residential assets.
Top Localities in Nemi Nagar Extension, Jaipur

Chitrakoot

Avg Price ₹ 15,650 /Sq.Ft.
LISTINGS 13
Price Trend

Nemi Nagar Extension, Jaipur Property Price Trends and Appreciation

About Asking Price Trends
Nemi Nagar Extension Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Gandhi Path 4,550 0.3
Vaishali Nagar 5,950 6.5
Panchyawala 4,650 -
Kanakpura 3,950 -5.6
Ajmer Road 4,200 -1.2
Lalarpura 4,550 -
Gokulpura 4,950 -
Shyam Nagar 8,400 -
Sirsi Road 4,400 -0.8
Jhotwara 3,950 -
The surrounding real estate landscape in Jaipur offers varied price points for residents and investors. Vaishali Nagar commands a premium at ₹5,950 per sq ft, while Shyam Nagar stands as the most expensive nearby option at ₹8,400 per sq ft. More affordable entry points are found in areas like Kanakpura and Jhotwara, both averaging ₹3,950 per sq ft.
Type Rate (₹/Sq.Ft) Change %
Villa 22,500 -5.4
The Nemi Nagar Extension real estate market is defined by its premium villa segment, which currently averages ₹22,500 per sq ft. This asset class has experienced a price adjustment of -5.45%, reflecting recent market shifts in the luxury category.
Status No of Project Rate (₹/Sq.Ft) Change %
Under Construction 1 3,700 1.7
The market provides options for both immediate and future occupancy. Under construction projects, such as the single unit at MLM Ganesham Utsav, are priced at ₹3,700 per sq ft and have seen a growth of 1.71%.
Project & Developer Insights

Top Residential Projects and Developers in Nemi Nagar Extension

Top Projects in Nemi Nagar Extension
Ashiana Gomti Apartments is the top project in Nemi Nagar Extension.
Ashiana Gomti Apartments Price On Request
  • Jaipur West, Jaipur
Ashiana Nitara ₹ 56.35 L - ₹ 2.24 Cr
  • Jaipur West, Jaipur
Ashiana Narmada Apartments ₹ 10.80 L - ₹ 15.48 L
  • Jaipur West, Jaipur
Emaar Jaipur Greens ₹ 26.41 L - ₹ 2.11 Cr
  • Jaipur West, Jaipur
Ashiana Ekansh ₹ 65.94 L - ₹ 1.32 Cr
  • Jaipur South, Jaipur
Ashiana Oma Price On Request
  • Jaipur South, Jaipur
View More
New Launch
Under Construction
Ready to Move
Top Developers in Jaipur
MLM Real Estate leads in Jaipur with 1 projects and years of experience.
DLF
MLM Real Estate ₹ 59 L - ₹ 68.83 L
  • 1 Projects
Top Projects by Listing Rates
  • Listing Rate
Project Name Rate (₹/Sq.Ft) Change %
Mlm Ganesham Utsav, Nemi Nagar Extension 3,700 1.7
MLM Ganesham Utsav stands out as a key residential development in the area. It is currently priced at ₹3,700 per sq ft, showing a positive trend of 1.71%.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,800 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Nemi Nagar Extension, Jaipur

Avg. Asking Price ₹ 8,400 /Sq.Ft
Avg. Asking Price ₹ 5,350 /Sq.Ft
Avg. Asking Price ₹ 5,100 /Sq.Ft
Avg. Asking Price ₹ 4,850 /Sq.Ft
Avg. Asking Price ₹ 4,600 /Sq.Ft

More insights about Nemi Nagar Extension, Jaipur

FAQ

Frequently Asked Questions About Property Rates in Nemi Nagar Extension, Jaipur

What is the current average asking price in Nemi Nagar Extension?

As of Jun 2026, the average asking price in Nemi Nagar Extension is ₹4,850 per sq ft. This figure reflects a positive trend, having appreciated by 3.19% from Mar 2026 to Jun 2026, indicating a resilient demand for residential properties in this locality.

How have property prices in Nemi Nagar Extension trended recently?

Property prices in Nemi Nagar Extension have shown a fluctuating trajectory over the past year. After reaching ₹5,050 per sq ft in Sep 2025, the rates saw a correction to ₹4,900 per sq ft in Dec 2025 and ₹4,700 per sq ft in Mar 2026, before recovering to the current level of ₹4,850 per sq ft as of Jun 2026. This recent upward movement from the previous quarter suggests a stabilizing market environment for prospective buyers.

How do property prices in Nemi Nagar Extension compare to nearby areas?

Property prices in Nemi Nagar Extension, currently at ₹4,850 per sq ft, sit in the mid-range when compared to surrounding localities. For instance, Shyam Nagar commands a premium at ₹8,400 per sq ft, while Vaishali Nagar is priced at ₹5,950 per sq ft, having appreciated by 6.52% over the observed period. Conversely, more affordable options are available in areas like Jhotwara and Kanakpura, both priced at ₹3,950 per sq ft, with Kanakpura experiencing a depreciation of 5.58%.

What is the price difference between villas and other property types in Nemi Nagar Extension?

Villas in Nemi Nagar Extension are positioned in the premium segment, with an average price of ₹22,500 per sq ft as of Jun 2026. This segment has seen a depreciation of 5.45% compared to the previous period, which may reflect a market correction for high-value independent assets in the area.

What are the current rates for under-construction projects in Nemi Nagar Extension?

As of Jun 2026, under-construction projects in Nemi Nagar Extension are available at an average price of ₹3,700 per sq ft. This price point has appreciated by 1.71% from the previous period, signaling steady investor confidence and ongoing development activity in the locality.

What is the rental rate for properties in the vicinity of Nemi Nagar Extension?

Rental rates in the areas surrounding Nemi Nagar Extension are currently consistent across several key localities, with Gandhi Path, Vaishali Nagar, Sodala, and Shyam Nagar all recording an average rental rate of ₹50 per sq ft as of Jun 2026. While rates in Gandhi Path and Shyam Nagar have remained stable with 0% change, Sodala has seen an appreciation of 6.25%, whereas Vaishali Nagar has experienced a depreciation of 10.53% compared to the previous period.

How should investors interpret the rental trends in areas near Nemi Nagar Extension?

Investors looking at the rental market near Nemi Nagar Extension should note that while the average rental rate is ₹50 per sq ft across major nearby hubs, the varying appreciation and depreciation trends indicate localized demand shifts. For example, the 6.25% appreciation in Sodala suggests a growing rental demand, whereas the 10.53% depreciation in Vaishali Nagar may point to an increase in rental supply or a temporary softening in tenant interest. Investors should balance these rental yields against the capital appreciation potential of the specific locality before committing to a purchase.

Which project is currently a notable listing in Nemi Nagar Extension?

MLM Ganesham Utsav is a key project in Nemi Nagar Extension, currently listed at an average rate of ₹3,700 per sq ft as of Jun 2026. This project has seen an appreciation of 1.71% in its listing rate, aligning with the broader trend observed for under-construction properties in the region.

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