Low-rise apartments on a high
Are you one of those who have always wanted to own an independent house? If ample space and a private dwelling are topmost on your mind, then there are options galore for you.
Low-rise apartments are the latest trend to catch on in the real estate market. Typically, low-rise apartment units are built on Ground+ 2 floors or a maximum of Ground+3 floors. These are fast becoming a consumer preference owing to their cost effective advantage as well as the independent space that they offer.
No surprise then that a lot of developers are seeking an opportunity aggressively in this segment. Realty players such as BPTP, Vatika Group, Raheja Developers and Assotech are coming up with projects which cater to this inherent demand in the market.
And if you are wondering why would a developer want to build a low rise apartment vis-a-vis a big volume one, then there is a good enough reason. Here’s how this model works: The cost of construction is lower, more maintenance equipment costs are saved and developers tend to operate on a high volume strategy.
More : economictimes.indiatimes.com