Independent floors are fetching eye-balls, know from them as well
- Santosh Kumar, the vice-chairman of Anarock, said that Gurgaon and Faridabad are likely to add more than 20,000 independent floor units over next year amid high demand.
- Harsh Trehan, the chairman of Trehan Group, said big developers are entering the market with independent floors because of its increasing demand. Shorter construction time, faster monetization, in comparison to larger projects. The demand is expected to accelerate.
- Navdeep Sardana, the chairman of Elite Land Base, said the increasing sales of plots during the pandemic show that the people have begun hunting for properties that can lead to healthy and secure life.
- Pradeep Aggarwal, the chairman of Signature Global, said the independent floors are experiencing a boom in demand with the speedy and quality construction. With 4 floors per plot and with premium amenities, residents can access world-class living. Deen Dayal Jan Awas Yojana (DDJAY) has helped in boosting the supply and demand of independent floors, he added.
It is a quite beneficial time for builders as the development turn time for independent floors is faster than a high-rise, providing an opportunity for faster monetization, because high-rises take at least 4-5 years to pay off. The low rise living command a premium is also evidence of this proclivity.
However, there was a certain shortage of land in Old Gurugram and this is the reason why New Gurugram is fetching so much attention and Gurugram has become one of the most demanding and the best location for independent living. The availability of land in New Gurugram, with the robust infrastructure in the developing areas, is one of the reasons why people want to invest in these places. Further, the unhindered connectivity, civic amenities, and serene natural surroundings are also responsible for enhancing the demand.
Buyers nowadays are looking forward to gated communities and are seeking developments where they can get separate dwellings and several reasons are leading to its growth. Homebuyers are now hooked to the homes for quick possession and the current situation has brought it more in demand. Hence it has propelled a preference for independent floors endowed with the best amenities and proper space allowing families to live without compromising on their privacy and living. One more reason for independent floors growth, it gives the twin benefits of living in traditional apartments and villas. Also, customers are aware of holistic living.
Gurugram is known for larger spaces & an extravagant lifestyle and independent floors are adding charm to it. A new dimension to the real estate market will be seen with the ever-increasing demand for housing here. Every project launched here is proffering Independent Floors that are gaining attention and quickly getting booked. DLF Signature Residences Gurgaon is the finest example depicting how people are craving for independent and luxurious living.
I am sure many of you must be aware of this recently launched phenomenal residential property that is premium and will deliver the lifestyle i.e. high-end. DLF Ltd. is well aware of the existing and future needs of home buyers and has planned the housing in that way only. Here you can enjoy eco-friendly living with capacious floors providing peaceful living.