Jamshedpur

Life in the city of Jamshedpur is comfortable, peaceful and secure. With all areas having 24 hours running water and electricity, the facilities are maintained by Jamshedpur Utilities and Services Company Limited(JUSCO), a 100% owned subsidiary of Tata Steel. Most of the residential property is owned by the Tata Group but this has no effect on the sale and purchase of properties.

Jamshedpur is also called the Steel City, one of the greenest cities of India. Some of the areas where residential property is in demand are-

• Govindpur: This area offers standard quality apartments made by government and private builders. We specialize in sale, purchase, renting and leasing of the residential property n this area.
• Mango: Situated across Subernarekha river, it is a huge and growing residential area. Once a suburb, it is now a property hotbed.

Jamshedpur is a modern, industrial city. The major industries include- iron and steel, truck manufacturing, tinplate production, cement and other small and medium scale industries revolving around these products. The demand for Industrial property is rising at a gradual speed but it expected to gain pace as the country is witnessing IT boom.

The largest factory is that of Tata Steel (the erstwhile TISCO), and it is situated at the center of the city. There is enough scope for the establishment of the smaller industries dependent on TISCO. Many small industries are willing to invest in Jamshedpur looking at the growth prospect of the city. The other major factories in the city are Tata Motors and Tata Tinplate. Adityapur Industrial Estate is an area completely dedicated to industrial activities.

Jamshedpur is an upmarket commercial city with world class infrastructure and facilities. Most of the city's showrooms and popular restaurants are situated here on the high street. The commercial property in this area commands the highest real estate prices. Ram Das Bhatta, South Park, Contractors' Area and Northern Town are the residential parts where the demand of commercial space is rising.

Some of the other areas in Jamshedpur where there sio great demand of commmercial property include-

• Bistupur: This place is popular for fashion stores; car showrooms & tony hotels & restaurants. This is the downtown section of the city, close to Tatanagar railway station and Sonari Airport. These factors make it a desirable place for commercial activities.
• Sakchi Bazaar: The "centre" of the city with high commercial property rates.
• Kharangajhar: Lying at the outskirts of Telco Colony, this is the most important market for the employees of Tata Motors.