Modern High-Tech Townships Are the Latest Addition to Indian Real Estate Sector
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Posted On :
Feb-02-2012
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Article Word Count :
494
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Indian Real Estate Sector is offering modern lifestyle and commercial options to buyers and investors. And the integrated townships are latest addition to this list.
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The country’s skyline is changing and the Indian Real Estate companies are responsible for this. From individual houses to high-rise apartments, every metropolitan city and urban center of India is witnessing a trend welcomed by buyers and investors. The residential real estate sector of India is promoting high-end townships, which seems to be the new inclination and everyone wants a piece of this luxurious living in this Indian real estate.
The developing cities of Greater Noida and Ghaziabad are coming up with two high-tech townships. Reputed builders are constructing these townships after getting a clearance notice from the government. According to sources, these townships will be set over an area of 2,500 to 4,500 acres.
These planned townships will have all the modern conveniences like schools, colleges, playgrounds and sporting complexes. Other important facilities include hospitals, malls and commercial shopping centers. All these facilities are available in the township attracting homebuyers. These townships will be constructed in different phases and as per plans will have more than ten of thousands apartments and residential units.
The government has planned expressway, which abuts these high-tech townships. These proposed expressways will help in transforming these townships into commercial destinations. These projects stretch the urban areas surrounding the capital region. Another benefit of these expressways is that it will provide good connectivity with western and northern part of Delhi. This seamless connectivity will help in trade and commerce activities. It will increase the commercial viability of these projects.
Similar townships are coming up in other parts of the country and changing the face of Indian commercial and residential real estate. The high-tech townships are developed after converting the villages into urban zones. The real estate regulatory bodies have certain guidelines for builders who plan for such townships. There should be green area covering 50% of the total area. These modern townships should also feature green belts, parks and playground and well-connected roads to the nearest urban centers. Since most of these projects are far from the commercial centers, common public amenities should be included in these townships.
The modern townships feature a variety of residential units. There are plots available for houses with sizes from 120 square yards to 2,500 square yards. From low-rise houses to independent floors flats, homebuyers can buy according to budget. There are also high-rise apartments available for sale. The apartments are 2bhk, 3bhk or 4 bhk and have all the necessary fittings.
These townships should also keep reserved land for building schools, universities, education institutions, medical units and recreational units. Employment generated industries, which are non-polluting should also be a part of these townships.
These integrated townships are encouraged by the Indian government. Not just these townships generate employment to many; it also shifts the population pressure from big cities. Homebuyers are attracted to these projects as it provides latest infrastructure and lifestyle amenities. Industrial and commercial spaces within these townships draw property investors as well.
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Article Source :
http://www.articleseen.com/Article_Modern High-Tech Townships Are the Latest Addition to Indian Real Estate Sector_142924.aspx
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Author Resource :
Gurleen Kaur writes on behalf of 99acres.com, which is an online portal dedicated to meet every aspect of the consumers needs in the real estate industry. It covers information about all Real Estate property types including Housesfor buy/sell & Rent for different Property locations like Mumbai Property, Chennai Real Estate etc.
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Keywords :
Indian Property, Indian Property Sites, Indian Real Estate, Houses, Land, Home, Land For Sale, Low Cost Housing, Real Estate ,
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