Investment Destination
The Coaching Capital of India
The city of Kota has been listed under the Smart City Project and it is all
set for its overall transformation
K
ota, famously known as
‘the coaching capital of
India,’ is part of the
northern state of India, Ra-
jasthan. Located approximately 250
kilometers from its capital, Jaipur, the
city finds itself nestled on the banks
of Chambal River. It has been identi-
fied as a Smart City Project, which is
likely to aid in overall development of
the city, significantly improving the
infrastructure as well as the business
and other trade opportunities.
Kota is a well-established regional
urban centre and a focal point of
industrial development within the
state of Rajasthan. It is widely known
as an educational hub with over two
lakh students travelling to Kota from
80
across the country to prepare for
various competitive entrance exams.
Housing Demand
The coaching centers have played a
vital role in increasing the demand
for real estate in the city. With
students flocking from every part
of the country to study, the city has
witnessed an increase in the demand
for affordable housing as they are
easy to rent and easy on pocket for
the student community.
The city has also been drawn to
the emergence of several medium
and big companies in and around
Kota, which has largely contributed
to the boom in commercial and
residential property market.
Outlook Money December 2017 www.outlookmoney.com
With increasing number of
students coming in with employ-
ment opportunities being created,
the city is attracting high demand
the in affordable housing segment.
The Urban Improvement Trust
Kota has launched a new housing
scheme for the economically weaker
section of the society and lower
income group for allotment of flats
under affordable housing. The flat
prices range from `4 lakh to
`6.30 lakh.
Additionally, several real estate
developers are also keen to develop
flats in the low price segment. Areas
near the Kota Railway Station and
Mala Road are the prime locations
where real estate players are