The Indian residential sector is witnessing a transformation. The demand of residential properties is growing and buyers are asking for a host of amenities. What’s the new projects in the residential segment offers? Is the property developers meeting the demand? Let’s discuss.
Move over buying an apartment with just well ventilated rooms, water 24 hours of the day, and electricity and power back-up. The discerning residential buyers in the developing India are demanding much more. Exposure to international way of life, increased salaries and the shortage of time are resulting in many housing projects come up with a wide range of amenities. The 21st century Indian demands of green, pollution free neighborhood, secured locality and a good number of social facilities. Residential buyers, investors or end-users, prefer housing projects which provide all the above mentioned points.
Are the demands being met?
Yes, the property developers are not overlooking the buyer sentiments. The new projects coming up in metropolitan cities of India are shining example of new age housing complexes. A variety of residential options are available, giving buyers with different pocket strengths to invest accordingly. National level property developers offer property in india like Jaypee Group, Ansal API, Unitech Group, and Delhi Land & Finance popular as DLF can be credited to bring in new infrastructure developments and changing the face of Indian real estate. Commercial and residential new projects, especially in the Tier I cities of India are good examples of innovative architecture and state-of-the-art home engineering.
What the New Age housing projects offer ?
From traditional independent homes, residential realty has witnessed an array of layout options. Residential units in upcoming new projects can begin from 2 bhk and depending on the requirement can are available in 3bhk, 4 bhk and even 5 bhk. The upcoming housing project, Krescent Homes by Jaypee Greens is one such project. Located in Sector-129 Noida and expected possession by December 2015, buyers keen for this property not only have the choice of units but also enjoy a plethora of amenities.
Besides, the standard apartments in residential projects, the property developers are coming with penthouses, single floor flats and duplex-styled apartments. These types have many takers. Buyers preferring an independent house living are seen booking residential properties.
Surveys and reports by leading bodies in the real estate business have indicated the launch of projects with similar residential options. For example, the Delhi-NCR residential properties have seen the launch of projects with a mix of apartments, penthouses and villas. Gurgaon and Noida, the two realty hubs catering to the Delhi’s rising housing demands have similar projects.
Wish Town Noida: A Shining Example
Noida and Greater Noida are developing fast. If talking about the Noida property market, many integrated townships are coming up. Jaypee Group’s ambitious project, Wish Town Noida meets the demands of buyers who want more than just units to live. The township offers flats in hi-rise skyscrapers, low-rise and mid-rise apartments, and independent plots and villas.
Jaypee’s Projects in Noida, a majority coming up in Wishtown Noida, has a number of residential projects. With medical and institutional facilities, round the clock security, social amenities and above all away from the city’s noise and pollution, buyers cannot ask for more. Some of them are Kube – The Luxury Apartments, Kensington Boulevard, Kristal Court and Wish Town Klassic and Jaypee Kosmos.
This is one shining example of the new age residential projects. Other renowned builders also are coming with projects in Noida, Gurgaon and Faridabad.
The Future of Residentail Living
As mentioned in the beginning, buyers just not buy or invest in property with water, power and well ventilated rooms. They are asking for more and happily getting innumerable options. Property watchers opine that community living is the answer to residential living in India. The residential market of 2013 India is moving towards a new direction. The concept of dream home today- a place where one can work, live and play.