Property Rates in Nemi Nagar Extension, Jaipur 2026
Property rates in Nemi Nagar Extension average ₹22,500 per sq ft for villas, reflecting a notable segment of the local market. While under-construction inventory is currently priced at ₹3,600 per sq ft, the area remains a key residential hub in Jaipur West. The broader locality benefits from proximity to established neighborhoods like Vaishali Nagar and Nirman Nagar, offering diverse options for prospective buyers and investors looking for long-term growth opportunities in the city.
Insights for Nemi Nagar Extension, Jaipur Real Estate Market Overview
Nemi Nagar Extension serves as a significant residential pocket in Jaipur, characterized by a range of housing options and varying price points. The local market for villas shows a steady, albeit competitive, valuation, while new supply continues to enter the market at accessible rates. Rental activity across the surrounding areas remains consistent, providing a stable baseline for those considering investment properties. Investors and homebuyers can track these trends to identify value, especially as development activity fluctuates.
Villas in Nemi Nagar Extension are currently valued at an average of ₹22,500 per sq ft.
Under-construction residential projects are priced at ₹3,600 per sq ft, offering entry-level opportunities.
Rental rates across nearby hubs like Gandhi Path, Vaishali Nagar, and Shyam Nagar hold steady at ₹50 per sq ft.
The market shows a diverse price spread when compared to adjacent areas like Chitrakoot and Sirsi Road.
Market Strengths
The area maintains a robust average rental rate of ₹50 per sq ft across several surrounding micro-markets.
A diverse property mix allows for both premium villa investments and accessible under-construction residential options.
Consistent rental performance in micro-markets like Sodala and Keshupura provides stability for income-focused investors.
Strategic location within Jaipur West ensures continued relevance for residential development.
Established infrastructure in neighboring areas like Vaishali Nagar enhances the overall attractiveness of the location.
Market Challenges
The villa segment has experienced a price correction of -5.45% over the recent period.
Under-construction residential inventory has seen a downward pricing trend of -8.4%.
Rental rates in key nearby areas like Vaishali Nagar have faced significant downward pressure of -24%.
Shyam Nagar and Gandhi Path have seen rental rate declines of -10% and -3.85% respectively.
Investment Opportunities
Under-construction projects offer a lower entry price of ₹3,600 per sq ft compared to established residential segments.
Rental yields remain consistent in nearby hubs like Sodala and Keshupura, where rates are stable at ₹50 per sq ft.
The villa segment at ₹22,500 per sq ft provides a premium asset class for long-term capital appreciation.
Proximity to high-growth areas like Vaishali Nagar supports the long-term rental demand for the Nemi Nagar Extension corridor.
Price Trend
Nemi Nagar Extension, Jaipur Property Price Trends and Appreciation
The surrounding micro-markets present a wide spectrum of pricing, offering buyers clear choices based on their budget. Chitrakoot currently commands a significant average of ₹15,650 per sq ft, while Sirsi Road hovers at ₹11,350 per sq ft. Conversely, more affordable options are found in Kanakpura and Ajmer Road, both averaging ₹4,200 to ₹4,250 per sq ft. This variance highlights the diverse investment potential across the Jaipur West region.
Nemi Nagar Extension's real estate market centers heavily on luxury villa living, which leads the segment at ₹22,500 per sq ft. This premium category is currently experiencing a pricing adjustment of -5.45% as the market recalibrates.
The local market provides options for buyers with different timelines, particularly through its under-construction inventory. These projects are priced at ₹3,600 per sq ft, reflecting a -8.4% change that offers a strategic entry point for investors seeking long-term value.
Project & Developer Insights
Top Residential Projects and Developers in Nemi Nagar Extension
Top Projectsin Nemi Nagar Extension
Ashiana Gomti Apartments is the top project in Nemi Nagar Extension.
Ashiana Gomti Apartments
Price On Request
Jaipur West, Jaipur
Ashiana Amantran
₹ 83.70 L - ₹ 1.62 Cr
Jaipur West, Jaipur
Ashiana Ekansh
₹ 65.94 L - ₹ 1.32 Cr
Jaipur South, Jaipur
New Launch
Under Construction
Ready to Move
Top Developersin Nemi Nagar Extension
MLM Real Estate leads in Nemi Nagar Extension with 1 projects and years of experience.
MLM Ganesham Utsav stands out as a primary project in the Nemi Nagar Extension area. It is currently priced at ₹3,600 per sq ft, with a recorded change of -8.4% reflecting the current phase of development.
Frequently Asked Questions About Property Rates in Nemi Nagar Extension, Jaipur
What is the recent price trend in Nemi Nagar Extension, Jaipur?
As of Jun 2026, the property market in Nemi Nagar Extension has shown a period of stabilization. Looking at the quarterly trajectory, the micromarket rate was recorded at ₹4,700 per sq ft in Mar 2026, following a rate of ₹4,900 per sq ft in Dec 2025 and ₹5,050 per sq ft in Sep 2025. This downward movement over the preceding quarters suggests a market correction phase, which may offer more favorable entry points for prospective buyers compared to the higher price levels seen in late 2025.
How do property rates in Nemi Nagar Extension compare to nearby localities in Jaipur?
Property rates in the vicinity of Nemi Nagar Extension vary significantly based on the specific neighbourhood. For instance, as of Jun 2026, Chitrakoot commands a premium average asking price of ₹15,650 per sq ft, though it has seen a depreciation of 22.7% compared to previous periods. Conversely, more accessible options include Kanakpura at ₹4,250 per sq ft (which appreciated by 4.47%) and Ajmer Road at ₹4,250 per sq ft (which appreciated by 12.03%). Other areas like Civil Lines maintain stable rates at ₹5,500 per sq ft with no change, while Gandhi Path has seen an appreciation of 6.28% to reach ₹4,550 per sq ft.
What are the current rates for villas in Nemi Nagar Extension?
As of Jun 2026, villas in Nemi Nagar Extension are priced at an average of ₹22,500 per sq ft. This valuation reflects a depreciation of 5.45% compared to the prior period, indicating a softening in the luxury or independent house segment that investors and end-users should monitor when evaluating long-term capital appreciation.
What is the price of under-construction properties in Nemi Nagar Extension?
As of Jun 2026, under-construction properties in Nemi Nagar Extension are available at an average price of ₹3,600 per sq ft. This segment has experienced a depreciation of 8.4% compared to the previous period, which may signal a more competitive entry point for buyers looking for new inventory in this locality.
Which residential project in Nemi Nagar Extension currently offers the most competitive listing rate?
MLM Ganesham Utsav is a notable project in Nemi Nagar Extension with a current listing rate of ₹3,600 per sq ft as of Jun 2026. This project has seen a price adjustment of -8.4% compared to the previous period, making it a key focus area for buyers tracking under-construction inventory in the Jaipur West region.
What are the average rental rates in areas surrounding Nemi Nagar Extension?
Rental rates across the neighbourhoods surrounding Nemi Nagar Extension are currently uniform at ₹50 per sq ft as of Jun 2026. While the rate is consistent, the performance varies: areas like Vaishali Nagar have seen a significant rental depreciation of 24%, while Shyam Nagar and Gandhi Path have seen depreciations of 10% and 3.85% respectively. Meanwhile, localities such as Sodala and Keshupura have maintained stable rental rates with 0% change over the observed period.
How should investors interpret the rental market trends near Nemi Nagar Extension?
Investors should note that while the average rental rate across several nearby localities is ₹50 per sq ft as of Jun 2026, the market is currently experiencing varied levels of correction. With rental rates in areas like Vaishali Nagar depreciating by 24% and Shyam Nagar by 10%, landlords may need to adjust their expectations or focus on property maintenance to retain tenants. The stability observed in Sodala and Keshupura, where rates have seen 0% change, suggests these areas might offer more predictable rental income streams for those prioritizing stability over high-growth potential.