Townships are on the rise now.
Many builders and developers across the megacities of India are constructing integrated townships to lure in more homebuyers and give them an all-immersive experience.
These townships act as minicities within metro cities and their periphery. These residential townships become everything that a buyer wants, locality wise.
You might've heard of the phrase,
"Real Estate is all about Locality, Locality & Locality"
And this is exactly the problem that the residential townships are trying to solve.
Just put on your thinking caps and just imagine all the major cities in the form of concentric circles.
Most of the metro cities and cities in general often place their best bets, that is, their commercial and entertainment center right at the center, figuring that it would be the best and most accessible region for all of the city to indulge in.
But what actually happens because of this logic is the fact that the center itself becomes a haven for the cream of the society, supplanting the needs of the common folks.
But there would also be certain commercial streets and sections which cater everything cheaper for the general populace, and these areas become pinpoints of crowding and traffic, whereas the other segments, in turn, become pristine and perfect streets where each and everything turns pricey.
And of course Real Estate too. The cost of residential units and regions in these spots often go beyond what the commonfolk or even the well-to-do home buyers can afford.
Thus the next circle becomes areas surrounding the inner circle, where the locations are bifurcated in terms of connectivity, industrial areas, pure residential areas, and so on. The traffic too becomes bearable and is seen as an adequate sacrifice for the closeness to their workspaces.
These regions, in turn, are pocket friendly but can only offer certain public amenities to the lot and not all.
And the final circle that surrounds this section, in turn, is the periphery, often marked with industrial regions, highways, bordering with rural regions, and more prone to lesser public amenities. The residences are far from the workplaces, and traffic is definitely a bother for the homeowners of these regions.
Now the builders and developers of any city first identify the central and the secondary regions and build their grand and iconic projects, which become the darlings of home buyers and home hunters.
Now more than workspaces alone, most of us value public amenities, especially in Indian metro cities. Not just the run-of-the-mill standards, like healthcare or educational institutions for our family, but also the extended inevitables like the gas providers, mechanic and repair shops, kiranas, vegetable shops, pharmacies, restaurants, car washes, cineplexes, and the list goes on and on.
Then comes the type of accommodation, or more in lieu of desire and dream, the types of home. The builders and developers offer a multitude of choices from Apartments, Villas, or plots to choose from.
And enter residential townships, which become integrated living units that not just house a bunch of cloistered apartments and villas or plots alone. These townships provide well-paved roads, retail centers, green stretches, street lights, 24/7 water, and many more.
Moreover, with a large land parcel, the open spaces and green stretches, give the children a lot of areas to play around.
These townships provide atleast 90 percent of the amenities that a common family desires while living in a city. And that's how they are now coming to be known as minicities.
Perhaps the best selling point of Townships is the safety factor. These townships are gated communities where there is no dearth of security detail. Townships also include security crews and CCTVs as well. With well lit street lamps, too, the integrated residential townships become safe for late-night walks as well.
An important detail to remember is that, though an integrated residential township has many features as in common with group housing, both are different. Townships are far more advanced with the amenities they provide.
One of the major elements that make Townships stand apart from the rest is the amount of planning and detailing that goes into the construction of the same. Residential Townships are crafted keeping in mind a futuristic living. These will further add value to these projects and help them appraise the rates.
Investment and a Fully immersive living, what more do you want.
So folks, that's a lite overview on Residential Townships, hope you enjoyed the article.
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