Well-planned township schemes beautify, uplift and give value to a new location. Not only do they bring in their own infrastructure – despite being on the outskirts, they also provide residents with all the benefits and comforts of a more centralized location, says Anil Pharande, Vice President of CREDAI (Pune Metro) and Chairman of Pharande Spaces, a leading construction and development firm that develops township properties in the PCMC area of Pune.
I have often been asked why certain developers concentrate primarily on large township projects. After all, doesn’t it make more business sense for builders to launch smaller projects?
Why don’t developers of large-format residential property schemes cash in on the demand for more ordinary flats in Pune? Here are some of the arguments I hear:
• The developer’s construction costs for smaller residential property developments is much lower
• They require a lot less land, and can be constructed in central areas where demand is high
http://property.sulekha.com/pune-real-estate-why-township-projects-make-ultimate_news-1938
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