Integrated townships with independent villas like Hiranandani Parks are now emerging as the hottest trend in real estate buying: Survey

Plots and township

A recent online survey has revealed that a whopping majority of homebuyers in India now prefer to live in independent home or villa plots within a gated community. What’s more, the survey also shows that home buyers are now willing to move a little away from the city center to own properties that fit their needs. A property in the peripheries with excellent connectivity ensures a cleaner, healthier lifestyle as well as the much-needed space to offer villas with private gardens.

Mega townships like Hiranandani Parks, nestled within a lush landscaped garden and located at Oragadam in Chennai, a thriving industrial hotspot with connectivity to all parts of Tamil Nadu are in big demand with the present-day homebuyers. Home to modern apartments and ready-to-build premium villa plots, this 360-acre township is complete with every amenity a homebuyer desires. From essentials like a family hospital, a school with a large playground, retail stores, to luxury amenities like a well-designed clubhouse, swimming pool, a gym, yoga areas, and multiple sports facilities, Hiranandani Parks has it all.

Privacy, own gardens, and open large green areas, the prime factors

More than 86 % of the 3000 participants feel that the need to have their own garden or backyard lawn is one of the reasons for their decision. Privacy, open spaces as well as exclusivity, completely-owned properties are the other important aspects of the survey. Adding onto these, buyers also prioritized safety and security as an imperative element, alongside easy access to essential services.

Boasting 70% open green spaces and thousands of trees, Tierra, the ready-to-build villa plots from Hiranandani Parks offer the best option to own and build the dream homes of homebuyers. Also, ideal for long-term investments, the plots in a sought-after integrated sports township come with ultra-modern civic infrastructure in a plug-and-play mode. The plotted development features 24 X 7 pure water connection, access to water treatment plant, electrical &telecom provisions. Not to mention the sleek concrete roads & stylish street lights apart from the attractions unique to the township.

Influence of the Covid pandemic

The Covid-19 induced pandemic and the subsequent lockdown considerably altered the choice and lifestyle needs. Homebuyers now feel that independent homes or villas provide additional choices to customize homes as per one’s preferences along with larger multi-purpose usable spaces. While the need for owning a safe haven surfaced more than ever, the requisites accompanying the desirability showed a substantial shift.

All India trend

The trend is visible in all major cities. In fact, Hyderabad and Bengaluru have witnessed an extensive change post the pandemic outbreak. While Hyderabad sold 100 premium units ranging between Rs 5 crore and Rs 12 cr, including properties on the city outskirts between April and June 2020, Bengaluru real estate market has been receiving increased demand for bigger homes and a renewed interest for villas in gated communities which are being considered as safer places to reside in at the moment.

A recent FICCI-ANAROCK report also states that the demand for plotted developments is on a rise since self-owned homes (villas or rowhouses) provide better social distancing. From an investment standpoint as well, plotted developments offer multiple advantages with potentially good returns on land investment. 79% of the survey participants also voted for landed properties and independent homes as the best real estate investment option with a majority of them inclining towards having an independent home on their own land.

Visit www.hiranandaniparks.com to view villa plots that suit your budget & taste on a site tour. Invest in an eco-friendly township that has an aura of exclusivity, serene charm & the finest amenities.

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