An Informative Guide to Housing Projects in India

In, this era, the human wants are unlimited and the resources are limited. The basic needs of a man are food, housing, clothing and shelter. But the main need to live among these is of housing. As we all know 'India' is a developing country, a country with the growing economy and ever growing population. Hence the need of housing has also grown multi folds in last few years. Well government agencies like DDA, MHADA, NOIDA, GNIDA, Awas Vikas & Housing Boards etc are designated to cope with countries demand for shelter. But, with the sudden surge of Housing demand in recent years several private developers have joined the band wagon. And are actually leading the country's infrastructural growth.

Developers like Amrapali, Tata, DLF (DLF is also a largest real estate company in India), HUDCO, Sobha, Lodha, Prestige, Mantri, Mahindra Lifespaces, Indiabulls, Wadhwa Group, Godrej Properties, Brigade Group, Hiranandani etc are developing number of housing projects in India. Primarily these housing projects are consisting multistory apartments and flats, which are low cost and affordable in comparison of Plots and independent houses. These housing developers provide better facilities, ultra modern amenities & luxury to Home buyers. Consumers are very much satisfied with these kinds of projects because they are getting all the luxurious lifestyle facilities which they are looking for their homes. Emaar MGF Marbella is one of the most expensive villa projects in India and Adarsh Group's Palm Meadow's in Whitefield; Bengaluru is one among the list.

In India, private developers primarily aim for luxury, high-end and upper-mid housing segment, since it fetches a premium over low-income housing. This lead to a sustained supply for this segment thus increases market competitiveness for developers. In Urban society the main role of housing projects was that people wants to live their life in a luxurious manner with all modern facilities. People mostly prefer or wants to live in a better surroundings because they are educated and know all the facilities which they required for themselves. Residential housing projects are increasing at rapid pace because of population growth thereby more need for the residential area. People wants a perfect house to live and they opt for much more than good environment only. People are looking for areas or projects where all the facilities like shopping arcade, Club House, Restaurants, Gym, Universities, Hospitals, Metro Stations should be on a walking distance so one can easily reached when they are in need.

The overall view of the India is changed due to the improved infrastructure; everywhere we saw various flats projects are ongoing. Housing projects involve so many things and it changes the entire look of the country which is the great thing and more so it is a plus point for a developing country like India. For a developed country one require great infrastructure and upgraded facilities to become a perfect country.