Low Rise, High Lifestyle!

Low Rise, High Lifestyle!

In the National Capital Region, low-rise in a gated complex is not only an upcoming trend but a way of life for people who have lived in the city for long.

 

Though the National Capital Region has taken to high-rise dwellings however people still feel that low-rise apartments has its own charm. Looking at the demand, developers have started building Low-rise apartments with all the High-rise benefits. Low-rise in a gated community is a high style living with all the benefits including 24×7 security, pool, banquets, basement car parking, parks etc.

Looking at some of the other write-ups on low-rise, we realized Low Rise apartments are the latest trend in the gated communities. Many developers are coming up with mixed developments offering client a choice between low and high rise.

 

Low-rise Apartments an Existing Trend

 

According to Construction Week Online, Delhi already had the concept of registering independent floors in low-rise buildings for freehold properties later extended even to DDA flats. Now, with Haryana allowing registration of independent floors, the market is flush with independent floor launches which demonstrate the demand for such projects.

 

This is an opportunity well utilized by developers who have come up with the concept of Low Rise Apartments in gated communities.

Business Today gives the right perspective to this trend, saying, “Today, most buyers look at built property as their first option, not just to avoid the hassle of constructing a house, but also because of easy availability of finance for such projects.”

 

Low-rise a preference amongst professionals in NCR

 

As mentioned in Favista,“As per a survey restricted to professionals working in Gurgaon, given a person has no budget constraints, more people preferred low rise development. Out of this majority, nearly 8 percent professionals were those who suffered from acrophobia. So, for them, to live in a penthouse is never an option.”

 

 

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