The under-construction projects, “World One”, a 117 storied lower Pearl residential structure and the 75 storied 'Palais Royale' located at Worli, both in Mumbai are symbols of future dominance of tall buildings instead of multiple structures.
Few years ago, very few giant constructions with 5 to 10 floors could be seen but with growing population and land scarcity, such high-rise buildings have become the favorite and would continue to be so in the coming years. This could be foreseen as such high rise constructions solve dominant issues like non-availability of spacious land in prominent areas where the demand for housing is more than other places. Also, one single construction would accommodate large numbers of units, as compared to five or six separate units.
In some years, the demand and supply ratio would suffer significant inconsistency, therefore, hi-rise structures seem to be the most perfect alternative. With leading builders across the nation willing to concentrate on hi-rise buildings, the Indian realty sector is in for a massive change. Many similar projects are happening in cities such as Pune, Mumbai, Bangalore, Kolkata, Noida and Gurgaon.
In fact, the ‘World One’ by Lodha would be the tallest residential building in the world and would accommodate about 300 units in 117 floors and measuring 304 meters.
Several accomplished builders like the Lodhas, DB Realty, Shree pati are actively focusing on hi-rise construction. Bangalore follows suit with popular builders like Tata Housing and Mantri coming up with hi-rise structures. Also, In Delhi’s NCR region, Supertech's 'North Eye' is an example.
Most of these flats are aimed at India’s rich, and of late, the number of takers have increased substantially.
Hi-rise structures not only address the prevailing real estate issues but also present a chance to enjoy highly comfortable lifestyle with all the best facilities at hand.
Few years ago, very few giant constructions with 5 to 10 floors could be seen but with growing population and land scarcity, such high-rise buildings have become the favorite and would continue to be so in the coming years. This could be foreseen as such high rise constructions solve dominant issues like non-availability of spacious land in prominent areas where the demand for housing is more than other places. Also, one single construction would accommodate large numbers of units, as compared to five or six separate units.
In some years, the demand and supply ratio would suffer significant inconsistency, therefore, hi-rise structures seem to be the most perfect alternative. With leading builders across the nation willing to concentrate on hi-rise buildings, the Indian realty sector is in for a massive change. Many similar projects are happening in cities such as Pune, Mumbai, Bangalore, Kolkata, Noida and Gurgaon.
In fact, the ‘World One’ by Lodha would be the tallest residential building in the world and would accommodate about 300 units in 117 floors and measuring 304 meters.
Several accomplished builders like the Lodhas, DB Realty, Shree pati are actively focusing on hi-rise construction. Bangalore follows suit with popular builders like Tata Housing and Mantri coming up with hi-rise structures. Also, In Delhi’s NCR region, Supertech's 'North Eye' is an example.
Most of these flats are aimed at India’s rich, and of late, the number of takers have increased substantially.
Hi-rise structures not only address the prevailing real estate issues but also present a chance to enjoy highly comfortable lifestyle with all the best facilities at hand.
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