High-risers are trending in Indian real estate
March 29th, 2017
Just when we felt we have seen it all from luxury villas, gated apartments, giant commercial projects, the industry began revolutionizing with the influx of an array of high-rise condominiums. These high- risers are redefining the parameters of luxury at every step. Even more interesting is the fact that many old apartments are being replaced by similar, modern high-rise designs.
People believe that efficient property management in high-rise apartments can sustain the property rate and maintain high returns on investment. A strong demand for housing in real estate, inflation in property prices, high density of urban population and an acute scarcity of building space has led to an understanding that in many areas, one of the ways to build convenient homes is to construct taller buildings. Located within city centers and/or near business parks imply ease of commute, and access to routine facilities. These high-rise tower blocks are well-designed with round the clock security which is an important aspect of urban living. They encompass a range of amenities like clubhouse for family entertainment, fitness centers, plush garden areas and those like SOBHA Indraprastha, host a sky lounge, and even a shopping mall within the premises!
The integrated form of these high-rise condominiums have been found to require lowest heating needs of all building forms. This effect leads to a reduction in carbon footprint, thereby lowering the electricity bills for the residents of these high-risers. The thermodynamic properties of air help in lowering temperature with rising altitude. They also have special amenities like double-glazed windows to minimize the impact of sound and heat.
If one could answer, what makes Bangalore’s skyline so enlivening, you would end up vouching for SOBHA’’s latest project SOBHA Indraprastha, Central Bangalore’s tallest, swankiest residential tower. SOBHA is well renowned to think ahead of time in terms of luxury and comfort. SOBHA Indraprastha is designed in a way that will set new standards in fine living. For those who seek finer details, Indraprastha has a grand clubhouse spread over 36th & 37th floor, a reading lounge, a squash court, a hi-tech gym, sauna, steam and Jacuzzi, cards and carom lounge, walkways, children’s play area and a multi-purpose hall. It is suitably located in the quaint environs of Rajajinagar, an area that still retains its old-world charm with wide tree-lined avenues and calm neighborhoods.
These hi-risers not only provide you the luxury, but also assist in providing a plethora of choices in residential buying. Considering the rapid pace of rural-to-urban migration, dearth of in-city land-space, and need for secured living, this trend in real estate is here to stay.
(Image: Sobha Indraprastha, Bengaluru)