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: Are you dreaming of a home located in the serene environs, away from the maddening city? You may soon find an option as various developers are zeroing on the concept of ‘low density housing projects’. The Empyrean by FIRE Luxur Developers in Bangalore, Global Eco-City and Gulmohar Woods by Falcon Realty etc are some of the projects in the offering. Defined as lesser number of units per acre, low density housing can be termed as an extension of boutique property concept. While in boutique properties the amenities are limited only to one house/villa/ apartment, in low density projects the entire township has that ambience. The individual house may or may not have unique lifestyle features, but the township per se adopts the unique feature of space and plays around it.
The layout is specially created by the developer including artificial landscaping, water bodies that look near natural, wide roads, walkways, architecturally superior layouts of shopping areas, club, kids zones etc so that the individual living in the township remains in the luxurious and stylised ambience even when he is not within the four walls of his house. Market experts believe that such a concept is set to increase the market value of the project as the demand for these projects is expected to be more than the usual projects. Moreover, it will attract those customers who shy away from congested living and are scouting for exclusive space in the outskirts of the city.
Advantage factor
Where the users get to live in independence the developers benefit from the exclusive layout of the project. Samir Chopra, Director, RE/MAX India feels, “Developers benefit from such projects mostly on the planning and the infrastructure part. Since low density projects generally involve single family units and definitely lesser in number, the infrastructure requirements fall considerably. So the developers find it more convenient to plan and execute such dwellings.”
On the other hand Om Chaudhry, CEO, FIRE Capital Fund, which is developing The Empyrean in Bangalore, has planned over 100 acres of open areas within the 210 acre township. “Such developments offer better quality of life for its residents. Distance from the city allows its residents to stay away from the traffic and the congestion and brings them in close proximity to natural ambiance. More spaces within the township allow for development of more green spaces, better planning...
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