The luxury real estate sector in India has experienced significant growth and transformation, driven by infrastructure developments and the evolving lifestyles of affluent homebuyers. Mumbai, originally a cluster of islands, has gained popularity among luxury homebuyers for its horizontal townships, which offer a range of amenities and a better quality of life. Following it cities near Mumbai such as Thane and Pune have also started to witness horizontal township trends. These well-planned residential communities with ample green spaces and modern amenities have captivated homebuyers seeking a holistic and sustainable living experience. Horizontal townships, a game-changing trend within gated communities, provide safety, privacy, a sense of community, leisure facilities, and reduced traffic.
Homebuyers prefer gated communities that offer a unique living experience combining independence, privacy, and community living, making them an ideal choice, especially for luxury homes. Horizontal townships are increasingly popular among luxury homebuyers, offering meticulously designed residential units, upscale amenities, landscaped gardens, and recreational facilities, creating a high-end and sustainable living environment.
India has undergone remarkable infrastructural developments, making it an attractive destination for homebuyers and investors alike. Housing prices across the top eight cities in India have been steadily increasing at a year-on-year rate of 10%. Thane has emerged as a prime destination for real estate investment due to their strategic location and infrastructural developments. The rise of horizontal townships exemplifies the evolving preferences of homebuyers and the changing landscape of the luxury real estate sector. The concept not only caters to the aspirations of homebuyers but also offers attractive investment opportunities for those looking to capitalize on the booming luxury real estate market. As the demand for sustainable and well-connected living spaces continues to grow, horizontal townships are set to play a pivotal role in shaping the future of living in India.
Here are some reasons why horizontal townships are the future and stealing the show:
Enhanced exclusivity and privacy
Living in horizontal township projects often brings a desire for exclusivity and privacy. These projects cater to discerning homebuyers who seek a retreat from the hustle and bustle of city life. The need for exclusivity stems from the desire to have a close-knit community of like-minded individuals, fostering a sense of belonging and security. Privacy becomes paramount as residents yearn for personal space and a peaceful environment. Horizontal township projects fulfil these needs by offering controlled access, gated entrances, and security measures, ensuring that only authorized individuals enter the premises. With well-designed layouts and spacious homes, residents can enjoy the luxury of privacy within their own living spaces. These exclusive and private environments provide a sanctuary for residents to unwind, relax, and enjoy a fulfilling lifestyle.
Well-planned townships and green spaces as a lure for homebuyers:
These days, affluent homebuyers want a society that is thriving and sustainable, not simply a house. Horizontal townships are popular for their efficient use of space, providing residents with ample outdoor and green areas. This allows for the inclusion of large luxury clubhouses, expansive parks, and other amenities that enhance residents’ quality of life. These amenities foster a sense of community and encourage joint activities among residents. The well-planned layout ensures that each resident has access to open spaces, promoting a healthier and more active lifestyle. This serves as a unique selling point, attracting individuals and families seeking a well-designed and spacious living environment.
The development of green areas is given priority in these well-designed townships, offering its citizens a revitalizing setting that encourages a healthy way of life. As they emphasize holistic living and allow people to live, work, and play in the same community, horizontal townships have grown in favour.
Connectivity and accessibility:
One of the key factors driving the demand for horizontal townships in metro cities is its excellent connectivity. Cities such as Mumbai, Bangalore and Hyderabad are well-connected to major business hubs through an extensive network of roads, highways, and railways. Additionally, cities such as Thane which have upcoming metro projects further enhance accessibility, making it an attractive location for both residential and commercial investments. The seamless connectivity offered by Thane ensures that residents of horizontal townships have easy access to their workplaces, educational institutions, healthcare facilities, and recreational centres.
Residential and commercial investment opportunities:
Horizontal townships not only provide an ideal living environment but also offer lucrative investment opportunities for interested investors. The growing demand for residential properties has led to a surge in property prices, ensuring attractive returns on investment. Moreover, with the development of commercial spaces within these townships, investors have the opportunity to tap into the thriving business environment. For instance, buying a home in Thane has resulted in a significant property price appreciation of 37%. The integration of residential and commercial spaces within horizontal townships creates a self-sustaining ecosystem, fostering economic growth and providing a conducive environment for businesses to flourish.
Luxury real estate in India has seen significant growth, with horizontal townships emerging as a game-changing trend. These planned residential communities offer exclusive, sustainable living with connectivity, green spaces, and investment opportunities. With upscale amenities and a thriving business environment, horizontal townships are the ideal choice for luxury homebuyers and investors.
