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A New Age of Real Estate: Townships

By Lodha

April 07, 2023

Ushering in a New Age of Real Estate with Townships

Gone are the days when purchasing a home in a traditional society was all the rage. In today's fast-paced life, homebuyers/residents want a multi-faceted home that can serve their various needs within a small radius. If you are looking to live a seamless life where all your requirements can be met with a short walk, then a township is the solution for you. If you are unfamiliar with the concept of a township or how it can benefit you, continue reading to learn and invest in a flat in Mumbai that pays off in more ways than one. 

Townships; A Novel Concept

The term 'townships' is more than just a buzzword; it is a concept designed to enhance your standard of living. Essentially, a township is a territory earmarked to indicate ownership and parameters. A plot of land so demarcated includes residential structures but also other amenities and services that make daily functioning seamlessly. For instance, various townships include flats of varying sizes to cater to diverse needs and also comprise schools, colleges, shopping centres, markets, hospitals, transit networks, drainage systems, and so on. 

Thus, with a township, you can enjoy the experience of living in a home that reflects your personality and accommodates your needs. Plus, you can easily walk your children to school, connect to the city's road network, shop for groceries and partake in other amenities. 

How Can a Township Improve Your Life?

To provide a better understanding of how owning a flat in a township can significantly enhance your life, here is a rundown of all the benefits such integrated developments offer:

- Holistic Living Experience

One of the hallmarks of township living is the boost it gives to your overall living experience. If you choose to invest in a stand-alone residential space, you might be situated in the midst of a suburb that is disconnected from the thrum of the city. You might have to undertake long and tedious commutes to get to work or send your children to school. However, since a township offers various facilities within or near its premises, you can access all the essentials of living the good life in a few minutes. 

- Balanced Life

One of the most precious assets a human is bestowed with is time. Ideally, you would want to use your time to the best of your abilities in a way you deem fit. If you have to waste all your time on commutes and shuttling to and from places daily, you might find yourself losing out on opportunities to relax and live life. Townships are designed with the purpose of helping you find a modicum of work-life balance. With all your needs within grasp and various pockets of greenery everywhere you look, you can find peace right at home.  

- Best of Both Worlds

Townships are constructed at locations handpicked to enable residents to enjoy quiet serenity while remaining connected to the bustle of the city. Since townships are larger areas dedicated to a single living community, they allow you to enjoy solitude and calm without the usual noises of city life. However, travelling a short distance will connect you to public transport highways, and bridges that connect you to any corner of the city.

- Better Returns

Lastly, from a financial standpoint, many believe investing in a township yields better returns. Firstly, you have the opportunity to save on expenses incurred on commutes and maintenance such as painting, repairs, clean-ups and so on. Plus, experts are of the opinion that putting up a township apartment on rent is easier and can fetch you better returns than a traditional stand-alone would. 

Looking for the Best Townships in Mumbai? Lodha is the Answer

As far as residential projects in Mumbai are concerned, the first name that pops into your mind is Lodha. We are guided by our vision of 'Building a Better Life' and believe that homes transform lives, hence to give you a peek into how we can make living in the city a breeze, here is a list of a few existing and upcoming township projects:

1. Palava by Lodha

Space might be one of the most sought-after commodities in a city like Mumbai. Lodha's Palava gives residents a sprawling swath of land to call their home. Located at the junction of Thane, Navi Mumbai and Kalyan, this township has been designed to offer connectivity while ensconcing you in lush greenery. With wide roads and open spaces that could be compared to international parks, this internationally-forward city offers everything you could ask for and more. From world-class amenities like quality educational institutions, ample play areas and sporting grounds, an Olympic size swimming pool, medical services, retail & entertainment and offices, Palava is your slice of heaven on earth.

2. Lodha Upper Thane

If superior air quality, plenty of open space, and facilities of the highest standards are factors you cannot compromise on, then Lodha Upper Thane is the township for you. With a plot that stretches over 200-plus acres and ample open landscapes, this township is spacious yet connected. Designed by expert architects and landscape artists, the residential space is a sight to behold. It's an integrated 'walk-to-everything' development, hence, everything you need is just a short 2/5/10 minute walk away. With all the amenities you could imagine, such as sporting grounds, a grand clubhouse, pools and restaurants, and located right next to Dombivli station and Thane-Dombivli Link Road, this township is what dreams are made of.

3. New Cuffe Parade

Inspired by city centres across the world, New Cuffe Parade is strategically located, offering unmatched connectivity to the city. With open spaces of around 15 acres - 3 times the size of Wankhede ground, homes with premium finishes and gorgeous views, New Cuffe Parade offers an unparalleled experience within a like-minded community. With every convenience like Lodha Oakwood School - An international school, Jain & Ganesha temples, and boutique office spaces within the development, one can truly cherish an integrated world-class living experience.

All in all, townships are here to stay and with good reason. To ensure that you build a home and life in a township specifically designed to offer you ease, tranquillity, and comfort, choose Lodha.

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