Posted inPeople

Modern India’s luxury living: The impact of integrated townships

CJ Singh, COO, Wave City, on how township living has gained traction

There has been an increase in urbanization and population growth that has put pressure on the existing infrastructure. In the post-covid-19 world, township living has gained traction. With increasing disposable income, greater connectivity, robust infrastructure and demand for top end security and privacy, many real estate giants are leaving no stone unturned in the luxury segment to woo homebuyers by offering integrated townships that not only meet these aspirations but are also ensuring a seamless and healthier lifestyle.

Integrated townships are gaining prevalence and are emerging as the ‘next destination’ as it provides a balanced mix of connectivity, premium residences, modern amenities and green spaces.

Real estate luxury is not just about breathtaking opulent spaces with great interiors or state of the art exteriors, rather it is also about the best of what modern technology has to offer. Many real estate giants have already rolled out the best of technology to ensure the luxury homebuyers have the best.

For instance, over the last two years India has witnessed a new trend wherein top-of-the-line AI technologies are being deployed by real estate developers to ensure that smart and sustainable living are the way ahead for its residents. These high-end services from integrated traffic management system, modern living, green spaces and easy access to all important parts of a city.

This also includes state-of-the art security, quick response teams and educational facilities with premier educational institutions. Smart waste management systems, smart lighting, top security facilities including guards and CCTV cameras and ANPR system for reading scanning car numberplates. The idea here is to provide real-time security of an elevated level to ensure that homebuyers and their families don’t have to stress about safety issues at any level –on a personal level to worrying about their locked residences, when they are away on a vacation or any other occasion.

Some of the ways in which integrated townships are redefining luxury are:

Excellent investment: Undoubtedly, luxury real estate always spells a win-win situation for the homebuyers as it scales down the risks which are typically associated with fluctuating markets, therefore making them a very wise and safe long-term option. With India witnessing a rise of integrated townships that are steeped in luxurious experiences and offerings, this is a good option. Integrated townships are not only well planned but also offer everything considering their comprehensive creation which house every thinkable amenity.

Self-managing ecosystems: With mixed use of real estate trending across India, integrated townships have elevated the concept of luxury living to a new level as it offers topline facilities like residential complex, recreational zones, parks, premier schools & other educational institutions, high end retail spaces, medical facilities that cater to every need. In a nutshell, integrated townships provide seamless connectivity, niche community living and accessibility at the fingertips. It also means a huge scaling back on travel time and reducing travel stress.

Provides an unparalleled quality life: The inclusion of exceptional facilities that give an extra edge and a more defined experience are also transforming how Indian homebuyers are viewing the entire luxury living concept. This includes everything—from hosting niche hobby classes for subjects like Origami, glass painting, to providing special instructors for golf, tennis and a cutting-edge fitness center and luxury swimming pools, landscaped gardens to well-designed green spaces for residents. The idea here is to provide a fine balance of green living with a luxurious lifestyle.

One of the most defining features of luxury integrated townships is the community living concept. With the younger population seeped in their professional challenges within India and overseas, it is viewed as a super safe option to house elderly parents and even younger family members.

Integrated townships are the new drivers of social and economic change and are expected to stay for a long time.