Independent Floors in Gurugram See a Surge in Sales: A Promising Trend
Gurugram is a hotspot for Independent Floors
Gurugram has become the prime location for independent-floor low-rise apartments. The pandemic has severely affected housing preferences, and there is an increasing demand for low-rise, low-density houses. This is leading many homebuyers towards Independent Floors in Gurugram, who look for peaceful and less crowded living spaces.
Today the real estate market is primarily focused on quick possessions; thus, there have been many demanding situations for homes that can make quicker possessions. This has thus popularized independent floors; these are homes that combine the benefits of both options for families, with desirable perks too. Independent floors exclusively mix the benefits of ordinary flats and villas, attracting many home-seekers to that idea.
The Deen Dayal Awas Yojana (DDJAY) policy of the Haryana Government has seen tremendous growth in low-rise residential projects. This has encouraged real estate developers to capitalize on government incentives, cost-efficiency, and the rising demand for independent floors by launching new projects in this segment.
Reasons why Low-Rise projects are getting popular
Independent Floors: A Balance of Low Maintenance and High Comfort
Independent floors are a great alternative to high-rise living. Typically having 4-6 floors, they greatly reduce the cost of maintenance compared to towering high-rise buildings that can reach up to 70 stories. This low maintenance is financially beneficial to homeowners and reduces operational costs for developers.
Eco-Living Features in Independent Floor Societies
Many of these independent floor societies have earthquake-resistant construction and have eco-friendly features such as solar panels and energy-efficient appliances. It not only contributes to environmental sustainability but also improves the long-term value of the property.
Targeting Millennial Homebuyers
Independent floors have more appeal. They have a lower density thus they have a low depreciating value and retain higher resale values than high-rise apartments. Modern city lifestyles are something that millennials prefer, and the privacy and comfort that low-rise residences provide are a perfect fit for them. This increasing demand from millennials is further strengthening the position of independent floors as a preferred housing option in the real estate market.
Economic Rise in Activity in the Delhi-NCR Region
The Indian real estate market is served economically well by cities such as Noida, Gurugram, and Faridabad. According to research by CBRE, it has been found that these cities accounted for 49 percent of the total luxury units registered in the first quarter of 2024. There has been an increase in the number of new luxury residential developments in these cities.
As found, in the integrative study competition the figures moved from 705 to 6,100 new Empirical units in the year 2010 to 2023 in Delhi NCR. A surge in new foreign reality units signals increasing aspirations and affluence among buyers, thereby progressively investing more in high-end residential projects.
High-Rise Apartments Vs. Low-Rise Independent Floors
In the presence of low-rise independent floors, high-rise apartments have still not lost their charm and hold among buyers in the housing markets of Gurugram. There is also a good supply of high-rise residential societies and inventory in the region.
Real Estate developers may find high-rise apartments the most attractive home investment options. There are many benefits such as cost-effectiveness, and natural daylight and these somehow have a balance between their effects on privacy and community housing. It is claimed that the isolation sometimes in urban dwellings leads to loneliness and even anxiety, while societies that inhabit high-rise buildings feel part of a community because of shared spaces that have opportunities for social bonding.
One of the primary reasons these projects have become popular due to an improvement in the construction techniques after the pandemic as people have now started realizing the importance of community living.
Conclusion
The interest in independent floors and low-rise buildings is increasing in the Gurugram property market. The trend is caused by a preference for low-density living, more privacy, and lower maintenance costs; however, it is appealing to the younger generation of house buyers. High-rise apartments have their appeal, but the increasing popularity of independent floors suggests a sea change in the housing market in Gurugram. As a result, one can witness a drastic change in the type of residential options offered.