Ahmedabad is the sole city in India where you will find three kinds of residential zones. The areas that are marked between Sarkhej-
Gandhinagar highway and Sardar Patel Ring Road are where low cost homes are available in plenty.
Types of housing projects in India
The housing projects in India have been broadly divided into two categories-
Ø The residential housing projects in India
These projects cater to individuals who are looking out to have their own dream homes. Often people do not hesitate to spend a fortune
and lifetime savings on purchasing a home. The residential projects would be of 1-5 BHK apartments, villas, bungalows, penthouses,
garden homes, and independent homes. Construction of homes has all kinds of facilities depending upon the location, area, and prices.
Many residential projects also offer various facilities and amenities to its residents such as swimming pool, gym, play ground, children’s
park, community hall, garden etc. The multi-storied buildings have elevators. They have their own securities as well. The residential
housing projects generally targets three different categories of individuals – High Income Group (HIG), Middle Income Group (MIG) and
Low Income Group (LIG). Many housing projects in India comprise of accommodations for all the three categories of people. However,
there can also be some projects which are solely dedicated to a single category.
Ø Commercial housing projects in India
The commercial housing projects are part of the industrial boom that took place in the post-independence era. Those towns and cities in
India that are industrially and technologically advanced are seeing more and more foreign companies seeking for office space. The retail
and goods market is also part of the commercial estates in India.
Major housing projects in India
Residential projects in India: Several cities in India are experiencing boom in the residential market. Here are few prospective and
featured major housing projects in India.
· Park Prime: This is the residential luxury from the house of BPTP- one of the largest real estate firm operators in India. Park Prime
is deemed as a world-class residential unit located in the city of Gurgaon Sector 66. Meeting international standards, it is spread across 11
acres and might be thrown open to the public in 2012.
· Courtyard: This is a residential cum commercial project coming up within the lush greenery of Nagpur. Initiated by the Gladstone
Infrastructure Ltd, it is located on the express highway. This residential complex have been deemed to host both affordable and luxury
apartments and would be available below existing market rates.
Commercial housing projects in India
· Flexi Square: In one of the most celebrated townships of Lucknow- Sushant Golf City that is spread over 3500 acres you will find
Flexi Tower. This commercial plaza will have a built up area of 1.6 lakhs approximately and will be 70 feet high with exclusive food court,
entertainment zone, and high-speed lift facilities. Dealers can book premium office and retail space in this complex.
· Prices: The apartments in these housing projects in India vary according to their location, city, facilities, amenities, and square unit
area. They can be priced at Rs 13 lakhs onwards in cities like Delhi, Kolkata, Lucknow, Nagpur, and Hyderabad. Some parts of Mumbai,
Bangalore and Pune would be costlier than any other cities in India.
Location- Ambawadi
Area- 1710 sq ft to 1980 sq ft
Specifications- Residential flat with 3 bedrooms
Developers – Merlin ornate
Location- Gulbai Tekra
Area- 3060 sq ft
Specifications- Residential apartment with 4 bedrooms
Developers – Merlin Sapphire
Location- Sola, SG Highway
Area- 2140 sq ft to 4100 sq ft
Specifications- Residential apartment with 3-4 bedrooms
Developers- Sundivine 4
Location- SG Highway, Bopal
Area-1800 sq ft
Specifications- Independent villa/house with 3 bedrooms
Developers – Hari Om Residency
Location-Narol
Area- 963 sq ft
Specifications- Residential apartment with 2 bedrooms
Developers – Bhagirath Homes
Location-200 ft.Ring Road
Area- 2745 sq ft
Specifications- Independent Villa/house with 3 bedrooms
Developers- Silver Alakhnanda Bungalows
Location- Kathwada Road
Area- 1125 sq ft to 1215 sq ft
Specifications- Independent Villa/home with 3 bedrooms
Developers – Bhagirath Group
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