Buying an apartment is one of the most important and key decisions of your life. You need to have an understanding of the financial and management aspects of the real estate investment when it comes to making investment decisions. The advantages of an integrated township are that you can experience basic amenities such as schools, shopping centres, health care centers and clubs. Let’s look at what a township is and what advantages a township offers.
What is a township?
Township is a small urban area with open boundaries. It has all the services such as water connections, administration offices, post offices, municipality, and electricity. It is a specific urban area with an administration, infrastructure and services and well-defined boundaries.
Advantages of investing in a township
- It offers all the facilities: Township offers everything, which an urban city needs. It has all the basic amenities such as 24x7 water supply, high-rise apartments, schools, hospitals, wide roads, cinemas, shopping malls and food and beverage joints.
- Townships offer a chance to breathe fresh air: Townships give you a chance to breathe fresh air and feel close to nature, with greenery all around.
- Offers good work-life balance: If your offices are located close to the house, it saves a lot of time to pursue hobbies and interests and cuts down on travelling.
- A better environment for the youth and the old: There will be a lot of space for the recreational activities and after-school sports. Elders will also get open areas for their evening and morning walks.
- Township offers choices for relaxation: Township offers a variety of choices for entertainment and relaxation. Indoor games, tennis courts, sports ground, amphitheater, landscape garden and party lawn are some of the facilities that are offered for entertainment purpose.
- Better return on opportunities: The integrated townships offer a better return on opportunities as compared to standalone structures opportunities.
- Township offers benefits of a town existence in a single location: A township offers all the advantages of a town existence in a single location. You can perform all activities like living, work, study, eat and play inside a township development.
Township projects by Hiranandani Communities
- Hiranandani Fortune City: Hiranandani Fortune City is a global township in Panvel developed by real estate developer Hiranandani Communities . The global township is spread across 350 acres of land. It also offers studio, 1, 1.5, 2 and 3 BHK flats in Panvel. The project comprises of many sports and lifestyle amenities such as swimming pool and basketball court.
- Hiranandani Parks, Chennai: Hiranandani Parks is a self-sustained township. It offers villa plots, spacious residences, world-class schools, business and ample open green spaces. It offers premium 2 BHK and 4 BHK apartments. This is the best township project to invest in because it offers lifestyle amenities like a clubhouse, golf course, basketball, tennis, and basketball. Basic civic infrastructure like a medical center, laundry, and a supermarket are available within a walkable distance.
The home buyers these days choose to live in a township project set up and not a group housing project. Township includes a cluster of commercial and residential structures with associated infrastructures such as gardens, convenience shopping, schools, gardens, and other amenities.