Is Theme-Based Housing a Growing Trend in the Real Estate Sector?

Trends in the real estate sector keep changing along with the global trends and the changes in the tastes of the home-buyers. The millennial particularly try to follow the latest international trends and get homes accordingly. The concept of themed housing is becoming increasingly popular. These are basically residential complexes built upon certain themes. They can be architectural styles from foreign countries or popular landmarks. A number of developers have been building Spanish, Egyptian, Roman, Mediterranean and British architecture Theme Based Housing complexes lately. These architectural styles are matched with popular landscaping and other features from those countries. This allows the home-buyers to enjoy a similar ambiance overall.

A number of global tourist attractions, such as Disneyland have often been replicated in such themed housing complexes. This allows the residents to enjoy a fun lifestyle and the children to grow up in a fun-filled environment. Gardens in residential complexes are often themed too, based on famous parks from around the world or even back from the medieval times, such as the Mughal Gardens. All these features would help you experience a completely different ambiance even when living in a bustling city. In order to make the theme more realistic, developers often ensure that the residents can enjoy a pollution free environment. A number of residential projects come with restrictions on vehicle movement so that the ambiance inside the complex does not get polluted. Some housing complexes are built over large areas with the green zones surrounding the towers so that the noise and pollution from the city does not affect the residents.

List of Theme-Based Housing Projects in India

• Sobha Royal Pavillion
• Purva Palm Beach
• Prestige Lakeside Habitat
• Provident Central Park
• Tata La Montana

Apart from the architecture and landscape, features such as designer fountains, porches, arches, etc. are also replicated in theme-based housing. In many cases, such housing complexes are themed upon resorts and beaches. These are high end developments and usually attract luxury segment home-buyers such as NRIs and HNIs. Lately, NRIs have been investing in the Indian real estate due to a number of reasons. While many do it just to own a property back home, there are others who find it lucrative as homes in key cities attract migrants easily. Moreover, due to the current exchange rates properties in India are relatively cheaper for them. The trend is expected to keep growing in the future and to become very common.