How To Find Residential Property For Investment Purposes In Delhi NCR

At the time when we are finding our dream home or it may just be a residential property for investment purposes, we hear or see various advertisements stating that we own an apartment or house in ABC housing or XYZ municipality. Most of us usually have common questions and almost try to know the difference between Residential Group Homes, Micro Township, Mega Township and Integrated Township. Here we have tried to explain in simple words what these residential spells really define.

1. Residential collective housing:

This term is defined as a group of buildings assigned/located within a lot that measures a minimum of 2.5 acres to 25 acres of land and is equipped with basic amenities for the people who live there. The amenities include a clubhouse, gym, community center, swimming pool, convenience store, small court and the green area required according to the regulations of the respective authority. It is obvious that the buildings in group housing are high-rise (usually G+20 floors) and therefore have a good population density.

Example: Logix Blossom County, Paras Land on Noida Expressway.

2. Micro-municipality:

This term is defined as a location that has a mix/aggregation of well-appointed residential and commercial buildings with recreational centers. Micro municipalities generally cover 50 to 150 acres of land. Here, in addition to the basic services mentioned above, a kindergarten or primary school, an amphitheater, miniature golf courses, restaurants, large landscapes, a library, small shopping complexes, etc. are also provided.

Example: KLJ Platinum Heights at Sec 77, Faridabad.

3. Mega-municipality:

This term is defined as a place that has a variety of residential properties (Apartments, Villas and Plots), commercial centers (shopping center, entertainment center, PVR cinemas, etc.) and recreational (sports facilities, clubhouse, golf course, yoga centers or gyms, etc.) in a larger setting compared to Micro Township. Here people have high-rise (floors G+20 to G+38), mid-rise (floors G+12 to G+17), low-rise (G+6) apartments, or stand-alone properties like plots or ready-to-use villas. move. Mega municipalities generally cover 200 acres to 500 acres of land.

Example: Aashiana Aangan in Bhiwadi, Jaypee Greens in Greater Noida Parichowk.

4. Integrated Municipality:

A place that encompasses residential, commercial, institutional, recreational and corporate buildings that usually brings the culture of “work close to home”. An integrated municipality can be considered as a small city that has all the requirements of daily life, such as an integrated school for children, hospitals, large commercial chambers, lots of greenery, and especially the corporate center where many brands or companies can be found. together. Such municipalities mostly have introductory transportation facilities for their people. This ensures a high standard of living for the people who are part of these municipalities.

Example:

• Jaypee Wishtown – Noida Xpressway,

• Jaypee Sports City-Yamuna Xpressway (exclusively with F1 race track, lake district, 15.7 km long boulevard, night safari and many other perfect attractions)

So now you can understand and compare the lifestyle of the above mentioned residential types.

happy life…

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