In the last couple of years, a new concept which has gained a rapid acceptance in the whole real estate sector is of Integrated Townships. They have become so popular among developers that most of the projects which they are developing in current time are designed as integrated townships only.
Due to increasing urbanization, lands in metro cities are shrinking at a fast rate. Hence, it is becoming impossible to adjust all the basic needs just nearby any residential project. In such cases, these townships projects are really a boon. An integrated township comes with all the premium infrastructure and basic facilities that are located at a walkable distance. These townships include well developed residential and commercial spaces, vast green area to create an eco-friendly environment as well as recreational centers that will give you a complete feeling of a well-developed and planned city.
Benefits of Integrated townships
With the evolution of latest infrastructure and amenities, living in townships comes with lots of benefits. Some of them include:
- Not just residential buildings, developers are providing every basic need at their resident’s doorsteps. For example, parks, standard retail stores, stationery, etc.
- Some other hi-end amenities include swimming pools, gymnasiums, yoga and meditation centers, outdoor and indoor games, jogging tracks, mini-golf courses, libraries, Kids play area and much more.
- Apart from these basic amenities, an integrated township also has Café’s, restaurants and mini-theaters for recreation and family entertainment.
- As the concept of ‘Walk to school’ is becoming popular, so these townships are also incorporating schools that provide quality education to the children. Also, parents feel that their children are more secure and safe as the institution is just a few steps away from their home. Apart from this, working parents can also get the facility of crèche and day care wherein they can leave their small kids safely and securely.
Advantages of an integrated township over single residential unit
- As compared to single residential towers, a township provides more spacious apartments which are a major issue in all the metro cities. According to a real estate expert, “To qualify as an integrated township, the minimum size of the land parcel should be 100 acres. They are generally located in the suburbs or outskirts of the city where such lands are easily available.”
- Also, the cost of units in these townships is comparatively lower because of cheap land available on the outskirts of the city. On the other hand, single residential units which are located in the prime location of a city offers homes at a much higher price and with limited amenities.
- In an integrated township one can choose from different residential units varying from 1BHK to 5BHK, duplexes, penthouses and even detached villas, whereas these facilities are not available in single residential complexes.
- Moreover, these townships also boast some innovative and eco-friendly technologies like rainwater harvesting, solar power lighting, and sewage treatment plants which promise a holistic lifestyle to residents.
So with a self-sustained approach and a smart master planning, an integrated township has all the possibilities to become the future format of the housing industry.