Better appreciation expected from township flats
The premium housing tradition with Bangalore is expected to obtain more appreciation with the introduction of involving all-under-one-roof walled city strategy.
The majority of the basic amenities are given within the campus, cutting down the particular tours of denizens under this concept.
The cost appreciation throughout integrated, walled townships is at least 30% a lot more than in standalone apartment units. This concept is a value addition to the already existing apartment culture.
Two integrated townships came into view over the past few years. One is Prestige Shantiniketan in Whitefield by Prestige Estate which spreads over 105 acre and the other is Brigade Gateway, the 40-acre project in Malleswaram-Rajajinagar. Brigade Gateway comprises of residential units, office spaces including the World Trade Centre, a mall, hotel, hospital and school. Prestige is currently intending to introduction another ultra township on Kanakapura Road known as Prestige Falcon City.
Before these projects, Bangalore had no idea of such projects and home buyers didn’t have the confidence that such projects would get completed. But after Shantiniketan and Gateway was introduced and people started staying in these townships and relatives and friends visiting them, some ‘wow’ component occur in the brains of buyers.
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