Friday, 25 October 2013

Townships FOR THE NEW AGE

As the cities expand fast, the development of integrated townships has become the order of the day. A number of such townships are being developed in Noida, Greater Noida, and Yamuna Expressway. These townships not only provide good physical infrastructure but also make provision for schools, gymnasiums, hospitals, recreational facilities like jogging tracks and golf courses, hotels and shopping malls to improve the quality of life of the residents.

Integrated townships not only meet the day-to-day requirements of end users but, increasingly, they are being built with lifestyle amenities for quality living. No wonder that the concept of integrated townships has become popular among end users and investors. The lifestyle facilities in these townships make them attractive destinations for the young generation, who cannot afford to buy in the central part of the city.

Pankaj Bansal, director of M3M India, says that since townships are usually developed by the private sector and always built or designed from scratch, the quality of urban planning is often state-of-the-art and, in general, civil infrastructure like water pipes, drainage, electric supply, sewage treatment and disposal, water conservation or harvesting, internal roads, lights, security, etc, are superior to those provided by public utilities. The most significant benefit for homebuyers is the relatively lower cost of acquisition. This is mainly due to the fact that most such townships are located in distant suburbs or semi-developed areas where land prices are significantly lower than those prevailing in downtown areas. M3M India is developing a township in Gurgaon. 

ABOUT M3M INDIA LTD:

Established over 15 years ago as a real estate developer, under the futuristic leadership of Basant Bansal, with the valuable support of his brother Roop Bansal, Director, M3M Group. M3M Group Stands for Magnificence in the trinity of Men, Materials & Money.

Apart from its ultra luxury residential project , M3M Golf Estate, the Group's latest commercial venture, M3M Urbana is 'Californialike' in design with consumer-friendly retail spaces and sophisticated office spaces that resemble 'Manhattan' , at a prime locale of Gurgaon. M3M Group has also launched M3M Cosmopolitan, one of India's finest retail and commercial hubs in Gurgaon.

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