Jaipur
Raja Park remains a dynamic hub in Jaipur, balancing established residential appeal with high-value commercial potential. Recent quarterly trends show a moderation in apartment pricing, while the rental market continues to provide consistent returns for property owners. The locality benefits from strong connectivity and proximity to key city centers, which sustains interest from both tenants and potential buyers. The rental landscape is particularly active, with a wide spectrum of monthly rates for varying unit configurations.
As of Jun 2026, the average asking price in Raja Park is ₹6,350 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential market.
The micromarket rate in Raja Park has shown a recovery trend, moving from ₹5,500 per sq ft in Mar 2026 to ₹5,700 per sq ft in Jun 2026. This upward trajectory suggests a strengthening of demand in the area following the price fluctuations observed in late 2025.
Raja Park currently commands an average asking price of ₹6,350 per sq ft, which is higher than both Tonk Road at ₹5,400 per sq ft and Civil Lines at ₹5,500 per sq ft as of Jun 2026. While Tonk Road saw a slight appreciation of 0.88% from the previous period, Civil Lines has maintained price stability, highlighting Raja Park's position as a premium residential pocket in the city.
As of Jun 2026, shops in Raja Park are significantly more expensive at ₹11,850 per sq ft compared to apartments, which are priced at ₹6,350 per sq ft. While apartment prices have seen a depreciation of 9.95% from the previous period, shop pricing has remained stable at 0% change, reflecting the distinct market dynamics for commercial versus residential assets in the locality.
The average rental yield in Raja Park is 3.40% as of Jun 2026, with an average rental rate of ₹18 per sq ft. For investors, this yield represents the annual return on capital through rental income, providing a baseline to assess the income potential of residential properties in the area relative to the current sale price of ₹6,350 per sq ft.
Rental rates in Raja Park are tiered by size, with 2 BHK apartments averaging ₹26,650 per month and 3 BHK apartments averaging ₹51,850 per month as of Jun 2026. This variance allows tenants to choose based on their space requirements and budget, while landlords can use these figures to benchmark their rental expectations for different unit types.
Raja Park currently sees an average apartment rental rate of ₹50 per sq ft, which has appreciated by 61.11% from the previous period as of Jun 2026. This rate is comparable to other popular areas like Sodala, Jagatpura, and Shyam Nagar, which also record an average rental rate of ₹50 per sq ft, though these areas have experienced varying trends in rental growth.
GBH Emerald is a prominent project in Raja Park, currently offering an average rental rate of ₹50 per sq ft as of Jun 2026. The project has maintained a stable rental performance with a 0% change, making it a key reference point for tenants and investors looking for established rental inventory in the locality.
The 9.95% depreciation in apartment prices observed in Raja Park as of Jun 2026 compared to the previous period may suggest a market correction or an increase in available supply. Buyers can view this as a potential entry opportunity, as the price adjustment brings the cost per sq ft closer to a more competitive level within the broader Jaipur residential market.
