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CHENNAI.....Good investment opportunities in all the segment of the city. Commercial rentals is on fast trek. Residential segment also having very good demand from rural areas. Outskirts of the city is now more costly then CBD residential areas.   AHMEDABAD..... ..... Huge NRI funds were recently invested in residential segment of the city. Commercial too is feeling the heat. Residential rates are marginally up by 20% since last quarter. The trend is likely to continue.   BANGALORE...... ...IT and ITES are again in the buying spree. Residential complexes are getting good demand. NRIs investments are up again. Service apartment concept is catching up in the city. Commercial lease rentals are rising.   PUNE.... ... Pune is poised as IT centre by the developers. In fact many leading IT brands are in the city. It has enhanced the residential rates. Outskirts like Viman Nagar, Pimpari and Chinchwad also now having great demand. Good time ahead.   DELHI .... ...The market is slow for residential units. Noida and Gurgaon also have touched historic level. New zones are in the competition. Faridabad and Merut along with Rohtak are busy catering for demand in Delhi and NCR    MUMBAI.. ..... ..Realty Fund and investors of large real estate holdings are still maintaining the price level. Developing zones are feeling heat. Small pocket developers are also panic in the market. Residential prices stagnated as of now.

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Growing fashion of integrated townships

The concept of integrated township have established its presence in the trend for staying. With growing demand for apartments in integrated townships, Veena Ramkrishnan explain in detail about the concept.

The changing priorities and lifestyles of India’s new breed of young property buyers who have much more than just a simple home on their minds when they decide to take the plunge and buy that dream house. A trend that has played a pivotal role in opening the floodgates for the development of integrated townships across the country that offer their residents the promise of a quality lifestyle tailored to suit every budget.

This concept has emerged into a growing trend in people aspiring for more homes in townships especially among the metro cities. This has bought in the FDI’ s also into the race with more and more foreign industries investing in such projects.

Integrated townships

Integrated townships have become the most sought after now a days even though they cost much higher than individual buildings.

Complexes built in large area of lands with all facilities including schools, hospitals, shopping malls, gymnasium, health spa provide the living experience that people demand now a days.

This is a trend that is catching the new face of Indian real estate like everything that changes over time so does the taste towards

Home, 50 years ago it was a necessity even today things haven’t changed much in that perspective but the way one looks at it has definitely changed.

Initially it was 4 walls with a roof enough to accommodate the newly migrated family to a city like Mumbai where the main priority was to get a house close to their workplace. But now things seemed to have changed. Home is where the heart is has a new definition as the needs of the people has changed over the years. Now having a home in a prime locality is not enough people want all facilities like gymnasium, health spa, swimming pool shopping complexes, hospitals and schools for the children in addition to the flats that they buy.

It is not just a matter of having a house of your own anymore but a matter of prestige also. If one says that one lives in Hiranandani then by the occurrence itself one has a gained respect from the party with whom the conversation was going on suddenly you too seem to be the part of the crowd if you are among those other wise you become the centre of attraction.

Nahat Amrit Shakti at Chandivali, Powai are one of the best example for Integrated townships in India.

Posted on 19th May 2006