Residential Projects are rising the prices of land over the years has also seen a rise in the number of residential complexes and townships in major Indian metros and cities.
These vertical residences saw more favour among buyers in the real estate market, as it offered an alternative to what seemed like a congested living situation. Not to mention the higher quality of amenities that were offered in such apartments to its residents. The increase in demand for apartment complexes triggered the change of city scapes into concrete jungles. This is particularly evident in the cases of cities like Hyderabad, where independent homes and villas in the city are being swapped for high-rises. With the IT boom and subsequent rise in jobs and population, Hyderabad’s citizens found more favour with the cost comfort of community living, each with a 2/3/4 BHK apartment to call one’s own.
what are Residential Projects?
Often functioning like a city within a city, a township or apartment complex is a residential project that includes multiple high-rise buildings that also include amenities such as a club house, gymnasium, swimming pool, sport complexes, gardens, children’s play area, security and more. While such accommodation does not come cheap, it should be kept in mind that there are a wide range of townships and complexes on offer, which offer a mix of amenities and facilities that can significantly alter your expense. Therefore, it would be advisable to choose a complex that offers the very basic amenities as well as a few extras; it may also be worthwhile to see if the extras are really worth the investment by comparing costs incurred against actual foreseeable usage.
So, The basics – what your apartment building should have and what are the amenities on offer today in Indian real estate? You may contact us.
