Gated community, is a term that used to be foreign in India for many years. It was assumed to be feasible in Western nations. However, the Indian real estate market and buyers’ preferences have yet to evolve. Gated communities are no longer a luxury now but have become a necessity in many households. Many factors have propelled its popularity and backed its growth. The report by Redseer, one of the leading and eminent management consulting firms, has clearly stated its foreseen demand. As per the report, it is estimated that the demand for gated communities will surge by 2.5 times to reach $500 billion. The consumption in India will increase by 2026. At least 24 million households will be residing in gated communities in India, as stated in the report.
The number of gated communities is deliberately increasing in metros as well as developing cities. Owing to its demand, many developers have made the development of gated communities a usual practice, sidelining standalone concept. The pandemic has proved a turning point for the Indian real estate market which was suffering from a breakdown. People have become aware of the importance of a healthy social life and communal bond at the time of adverse situations like a pandemic. They have understood the necessity of owning their own home. Thus, people tend to look out for segments that have a safe premise and well-organized amenities within the project. In this way, their lifestyle would not be severely impacted in case of any hurdles in their surroundings. They wish to reside in a safer environment which equally equipped with lifestyle needs. Gardens, sit-out, and gym are among facilities that are aspired by homebuyers while fetching for a house. The Garden and play area within the project premise will make parents less worried about the safety of their children. Having a gym can allow residents to acquire its facility at their convenience when they are always short of time due to their fast-paced life. Besides, homes with the finest modern amenities are the cherry on the cake.
A gated community is a holistic option for everyone in the family. It keeps your life secured, active, and fit. Due to the work from home concept during the pandemic tenure, people are inclined toward having a working space or a specified space for children. These aspects are now been included in the amenities of many developers. Such amenities within the ambit of residential projects attract homebuyers of the present time and assure them comfortable yet contemporary living. Further, lucrative return on investments, a sustainable environment, augmented living standards and ease of living are key drivers for the growing demand for gated communities. The gated community is also an attractive option for HNIs and NRIs. High net worth individuals think it is a wise decision to invest in such projects for higher rental yields and return on investments. Economic imbalance and a situation like a pandemic have incited NRIs to buy a home in a gated community to have a safer haven in adversity. Young buyers have also attached themselves to this section of real estate. The number of young buyers is increasing. They seek the property inclusive of all contemporary needs to suit their lifestyle.
While taking into consideration the evolving demand of buyers, Belmac has planned and is developing such a community to keep its consumers replete with a contemporary lifestyle. Belmac Residences and Belmac Riverside are gated residential setting that keeps your abode equipped with security and other necessary facilities. Belmac Residences is the epitome of artistic excellence that provides you with a complete lifestyle. Set in the augmenting location of Pune, it comprises a plethora of amenities like landscaped gardens, Ganesh temple, jogging tracks, co-working center, library, cricket turf, football court, etc. The classic clubhouse includes facilities like a spa, salon, Jacuzzi, steam room, yoga, Pilates, and Zumba room. It also has a specified play area for pets. Moreover, Belmac Riverside offers premium homes in a placid setting amid the thriving city of Panvel. It is a river touching property and away from the bustling streets. The project consists of dedicated 85.5% open spaces backed with varied modern amenities like wide internal roads, skating rink, garden, party lawn, open gym, sports facilities, yoga and meditation center, etc. We at Belmac, believe in creating an ideal residential base facilitated with all contemporary needs provides our customers with a complete lifestyle experience.
