The affordable shopping complex is a one-stop solution to a person’s daily needs right at their doorstep. Providing a clear example of peaceful, sustainable and high-quality living, people choose to live in those townships where they can avail the bountiful of facilities provided by the developers.
The real estate sector is among the most dynamic sectors; it never remains the same. Newer trends in the sector beat the older trends. What is in vogue these days is the trend of affordable commercial shops in townships. Yes, it has become a buzzing word in the real estate industry.
Nowadays, most of the realty developers and the companies are launching such projects to cash in on the rising demand. The reason why it became so popular because they have good business prospects as well as they catered to the challenges of urbanization in India i.e., overcrowding and unplanned development.
Advantages of an affordable shopping complex in a township
The major advantages of the affordable shopping complex in townships are as follows:
Great value to end users
Shopping complex in townships offers tremendous value to end users since every possible daily requirement facility is available nearby. Likewise, the presence of shopping facilities in the form of shopping complex also helps its residents to significantly save time, which otherwise would have been spent in travelling to overcrowded places. These are in sync with those urban couples who are living a fast-paced life, for whom time is precious.
Solution to Urban Challenges
Such projects promise a congestion-free environment for residents, as traffic congestion is a major problem due to urbanization these days. If there is a shopping complex in the township, they don’t need to commute anywhere else and they will get all essential items right at their doorstep. Hence, it solves all the urbanization issues and meets all civic needs of its residents.
Solution to peripheral locations challenges
Most of the townships are generally developed in peripheral areas because of the availability of large parcels of land. However being far off from the main city, it cuts off the residents so buying in their shopping complex eliminates this problem.
Develop long-term relationships
It develops loyalty and meaningful relationships by giving their residents what they want and when they want it.
The shopping complex is actually a great deal
Affordability is another factor that is drawing buyers to the shopping complex. When you see the price list of items in a shopping mall, you'll find the shopping complex prices are often lower – more than 50% difference in pricing.
Yet, it is an idea which will leave a significant impact on the Indian realty sector in the near future.