“I want to buy a home of my dreams. It must be spacious, airy apartment, amid green acres, with modern infrastructure. There should be some good schools nearby for my kids, the hospital should be in proximity of a 5-minute drive or foot approach, and shopping complex is a must need.” Almost every home buyer has a similar kind reply of their preference for buying a home. But, what most of us end up are matchbox-sized two BHK apartments with a balcony-view of an overcrowded street in a concrete jungle. For greenery and fresh air, small lawns which can’t accommodate even the inhabitants of two floor of that building. Thinking of buying at lower prices, you have to shift your choice to outskirts and face regular power cuts, water supply issues, no buses in the circle of 3km and even pizza wouldn’t be delivered to your location. We all are quite familiar with the second option as most of us are living in it now. But, what if you get the first one at a fraction of the cost if you’ll only look beyond city limits? The gated community inside the core of cities is not anyone’s dream, but a compromise for sake of a home to live, but if you want some bang for your buck, look at townships.
Considering this Star Constructions Pvt. Ltd has re-discovered the township model and presented the Tech-Towne project as a little city on the outskirts of Patna, nearby the proposed site of airport and IIT. It’s the same what people of Patna dreams about. But before you look to buy here, it makes sense to see what it offers. What exactly is a township? And does it make sense for you to invest here?
WHAT IS SO GOOD ABOUT TECH TOWNE TOWNSHIP?
Spread over an area of 42 acres, Tech-Towne is a complete township project of Star India Construction Pvt. Ltd. Located at the prime location of Patna (Bihta), near IIT Patna, it offers residential plots, independent bungalow plots, and apartments. Independent plots are available in the range starting from 600 sq.ft to 800 sq.ft. It’s a gated community that is enclosed in peripheral boundary makes access control of entry and exit with wider roads, LED street lights, underground electric lines, robust drainage, CCTV surveillance, and maximum security measures. It is equipped with modern facilities and state-of-the-art amenities to make the life of its residents truly enjoyable. Some of them are –Swimming Pool, Spa, Sauna, Super Market, and Kid’s Play Area, Club House, Library, School, Fountain, Gaming Zone, Part Lawn, Commercial Hub, Health & Meditation Club, Playground, Landscape Gardens, Ample Car Parking, Gymnasium, Senior Citizen Club, Rainwater Harvesting, Jogging tracks and more.
An abundance of light and fresh air makes this residence an adorable home.
SHOULD YOU INVEST?
One of the biggest advantages of investing in such a large integrated township is that the cost of entry is low compared to investing in the city. Most integrated townships are coming up at a distance from the city core and this gives the developer an advantage of lower land cost. Also, since it is still at the construction stage, it favors the buyers by offering lesser rates.
Secondly, due to the changing preferences of customers and the expected higher demand for township homes, these become a better option for investment. Also, since integrated townships are self-sustaining, they are less vulnerable to volatility in the market.
The COVID-19 Pandemic has increased the significance of gated communities with nearby essentials. You must think before buying a home in a so-called concrete jungle or in such a great township where lockdown can be happening.
The bottom line? It’s a burgeoning market and one can look forward to it as a superior investment proposition.
For more project details, please visit our website.
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