Case study on demand forecasting for real estate units in india: integrated housing
- Vol.37(2), Apr-Jun
- Pune NICMAR 2022
- 96-103p.
An Integrated Township is a self-sustaining township that provides all of the amenities and facilities that a fully equipped Township needs (residential, commercial, recreational, public, and so on). "Housing schemes in public-private cooperation to provide affordable housing to diverse parts of society in urban regions of the State" is how Integrated Townships are defined. An integrated township is a self-sustaining township that is mostly begun by private developers to provide in advance the amenities and services (residential, economic, recreational, public, etc.) that a fully groomed municipality requires. FDI in the same sector has created the path for foreign corporations to enter the local real estate market, making competition fierce and highly competitive. For many metropolitan cities today, which are in a state of chaos due to a variety of issues, including population growth, movement of people from rural to urban regions, rising housing demand, and other issues, integrated township development is the way to go. The study's goal is to look into the creation of an integrated township and weigh the benefits and drawbacks, provide an overview of the topic and discuss the study's objectives. Further, delve into urbanization's factors and their impact on housing conditions. And bring light on the broad view of the real estate scenario as it exists in India. Discuss some of the challenges that affect the entire business scenario as well as the real estate market. In the contemporary real estate scenario, an integrated township cannot be regarded in isolation and discuss the laws and regulations and the need for an integrated township. Support with the help of case studies, and provide an overview of the research's scope as well as its ramifications for urban conglomeration. Finally, conclude with some guidelines for the establishment of integrated townships based on the analysis and evaluation of the case studies.