10 Things to Consider When Buying Integrated Housing
Integrated Township – Future of Real Estate
Table of Contents
Introduction
1. But What Is Integrated Township?
2. Ingredients To A Successful Township Project
3. Zeroing In On Your Home In A Township
4. Frequently Asked Question
Buying a house is an important life decision. There are several considerations one needs to take to finalize their dream home. Here, the buyer has a choice between a standalone building and a township, a gated community. A standalone building has very few or no amenities. In contrast, a well-developed township in India offers many advantages a great community, better quality of life at affordable prices, great infrastructure along with a wide range of amenities and facilities and well-planned spaces. Its akin to a mini-city where the campus is self-sufficient and caters to almost all the daily requirements of its residents without them having to go outside the campus. Many of the integrated townships also incorporate commercial centres, schools and even hospitals.
Its akin to a mini-city where the campus is self-sufficient and caters to almost all the daily requirements of its residents without them having to go outside the campus. Many of the integrated townships also incorporate commercial centres, schools and even hospitals.
But What Is Integrated Township?
Integrated township, meaning a self-contained and sustainable urban development that includes a mix of residential, commercial, educational, recreational and healthcare facilities within a single community. Integrated townships are designed to provide residents with all the necessary amenities and services in one place, reducing the need for travel and promoting a high quality of life. They often feature modern infrastructure and green spaces and are typically built on the outskirts of cities to provide a peaceful and serene living environment.
Ingredients To A Successful Township Project
Integrated Urban Area
An extremely well-planned township makes use of every single piece of land or area by converting it into a multi-functional area. For example, a lake could be used as a retention pond while also adding to the beauty of the landscape. Good quality homes come nicely packaged with a landscaped environment, well-thought building layouts, wide roads and spaces for leisure and entertainment.
One-Stop-Shop for All Your Needs
Several community recreational areas like parks, sports fields, multi-purpose courts and swimming pools encourage good health and lead to close bonding between residents. Apart from this, townships will also contain shops catering to all your daily essential needs and even have facilities like an ATM and medical centre. Live with the best of township amenities and lead a healthy and comfortable lifestyle.
State-Of-The-Art Security Features
Safety and security are taken care of through patrolling at multiple checkpoints, smart access systems and efficient CCTV surveillance cameras with central monitoring. Thus ensuring complete peace of mind.
Sustainable and Green Living
Modern integrated townships are also becoming environmentally friendly with sustainability initiatives, which in the long run can help minimise carbon footprint. Common features in a township include comprehensive green cover, rainwater harvesting, sewage treatment, usage of solar energy and provisions of e-bikes or cycles as a mode of internal transport, among many
others.
Live-Learn-Work-Play
Newer townships being constructed are also incorporating commercial and industrial zones, thus providing work opportunities at walking distance from home. Several of these township projects are also built closer to large industrial estates or software parks. This concept is a hit, especially in Mumbai where travel time gets reduced drastically. Similarly, you will find schools within the township or in close vicinity which saves up time on an everyday basis. Many of them will also incorporate multiplexes, retail outlets or malls.
Palava- a township in Mumbai by Lodha, is one such integrated live-work-learn-play city, spread over 4,500 acres and home to over 1 lakh people. The city offers a lifetime of exceptional living with a range of international standard facilities including office buildings, world-class educational institutions, high-quality sports facilities, a mall, a high-quality pedestrian-friendly environment, grand clubhouses, community spaces, and more.
Zeroing In On Your Home In A Township
Before you take that step of purchasing your dream home in an integrated township, here are a few things that you need to consider.
Choose a Builder With a Good Track Record
Since townships are large-scale projects, its important to check whether the builder can complete and maintain the project. Look at their track record of delivering large-scale projects. Ensure they have the necessary approvals/clearances for the project.
Connectivity to the Rest of the City
Owing to their size, townships are generally developed on the outskirts, enquire about the travel/mobility options provided. An ideal scenario would be if it were close to the main highways.
Easy Access to Basic Facilities
See if the project provides basic facilities like grocery stores, banks and medical facilities. This will ensure you wont have to venture out of the development to avail of the same.
Lifestyle Amenities for Quality Living
Find out what the township has to offer. Dont get tempted by the wide range of township amenities, instead see what fits your need and requirement. Also, check the complete plan for each amenity. Not all of them may be available right at the start.
Additional Benefits at Your Doorstep
Several townships include schools, hospitals and also commercial spaces which offer employment opportunities within the premises.
Partnerships with Service Providers will Provide Added Value
When shortlisting a township, one important factor to consider is the tie-ups and partnerships regarding service providers. For instance, developers may have tie-ups with professional wellness players to manage the gymnasium or tie-ups with health clinics to facilitate basic health care.
Approved Municipal Support
Ensure that the project has been approved by the local municipal authority for municipal facilities such as water, electricity and sewage disposal from the very beginning.
Towards a Sustainable Future
Give it the green signal if it has features like lawns and gardens, rainwater harvesting, sewage treatment, use of solar energy and adopting efficient ways of reducing pollution.
Link to Yunsheng
Frequently Asked Question
1. What defines the concept of an integrated township?
The concept of an integrated township revolves around creating self-sustaining urban communities that offer a comprehensive range of amenities and services within a single development.
2. What is the vision for an integrated township?
The goal is to minimize the need for commuting by providing everything residents require within the township itself, promoting sustainability, convenience, and a sense of community.
3. What are the requirements for integrated townships?
Integrated townships necessitate a diverse array of amenities spanning residential, commercial, educational, recreational, and healthcare facilities to promote self-sufficiency and convenience within a unified urban environment.
The complete house hunting checklist for buyers
When buying a home, you and your family have a lot of decisions to make. Do we want one story or two? How far from work are we willing to live? Fixer upper or turnkey? Pool or no pool? Special amenities? The list goes on.
Speaking of lists, to make keeping track of all these decisions easier, weve made a house hunting checklist to help you remember all the important details to look out for while shopping for the right fit. (And if you're looking for a home, Orchard can help with personalized recommendations.) Following this checklist will make comparing homes after touring them simpler and will help ensure no important considerations or amenities slip through the cracks.
You can download the checklist and print it for yourself to bring along with you when youre house hunting, rating each aspect of the houses youre viewing as you go:
You can download the checklist by clicking here or by clicking the checklist itself.
In addition to this printable house hunting checklist, weve compiled a list of things to keep in mind as you tour homes. Read our list below of what to look out for when home buying, particularly if you're looking to buy your first home.
House hunting checklist: Interior
Loving how the interior of your home looks is so important when searching for a home. Its important, however, to remember that you can make a lot of cosmetic changes to your home quite easily. Before making an offer on a home you love the look of, keep an eye out for these serious interior issues that may arise and can be harder and more expensive to fix.
Unpermitted additions
This ones a biggie, so lets start here. If you come across a home with extra rooms (like an additional half bathroom) that the home wasnt advertised as having, it may seem like youve scored big time. Youll want to pause here.
If you come across any extra space in the home, you need to make sure that the addition was built with all proper permits in place. Not only can unpermitted construction projects be unsafe, but the city can fine you if they find out about it. You could find yourself saddled with extra costs to either get the work permitted or in some cases even remove the addition.
Home additions can be hard to spot, but some common additions or signs of additions to look out for are converted garages, rooms with lower roof lines than the outside of the home, and guest houses that are freestanding.
Wall and floor condition
Warped floors, watermarks, and cracks in walls are displeasing to the eye and can be a sign of really big issues in a home. If you find any of these things, do some digging to make sure the issues dont run deeper. A small hairline crack may not be a big deal (if they arent wider than of an inch and run vertically), but signs of water damage or termites can be. A warped floor can be caused by water damage or those pesky bugs, so youll want to literally watch your step.
Water damage can affect your walls and ceilings too. Check out the walls and ceiling for any bubbling and the baseboards and floors of the home for buckling. Water damage may be difficult and expensive to repair, especially if its been neglected for some time, so this is something to take seriously.
Related: Should I buy a house with foundation issues?
Integrated fixtures and systems
As annoying as ugly wallpaper or loose cabinet knobs can be, they are pretty easy to update. Integrated fixtures, and systems like electrical wiring and cooling and heating systems? Not so much. Leaky water heaters and eroded wires can be hard and expensive to fix. If the home comes with appliances, ask about their condition and age.
If youre going to put an offer on a home, youll want to check for big issues relating to integrated fixtures and systems. Turn on the water to see if it comes out clear; if its rusty you may need to replace the pipes. Do the lights flicker (a sign of potential electrical wiring issues)? Does the AC make a funny sound (you may need to replace it)? Keep an eye out for any major issues and remember that you can worry about painting or swapping out blinds later.
Learn about the difference between baseboard heating and forced air
Odors
When touring a home, take a deep breath. What do you smell? Musty smells can be a sign of mildew and an odor similar to wet socks can come from mold. Both mold and mildew can harm your health just as much as your wallet. Lingering cigarette and pet smells may not be as dangerous as mold or mildew, but it can be difficult and expensive to remove them. If a home youre touring is using a lot of candles or diffusers, they may be trying to hide a less than desirable smell from home buyers.
Related: Does my home need an air quality inspection?
Buy your dream home the better way
Stay in your home until your new home is ready. While you settle in, well list your old home to get you top dollar.
House hunting checklist: Exterior
Its easy to focus on the inside of a home as thats where youll spend the bulk of your time, but the outside of a home is just as important. Lets look at some of the exterior details you should be paying attention to.
The lawn
A pretty lawn may seem like its mostly good for curb appeal, but a bad lawn can point to larger issues at hand. While its not uncommon to see yellow and brown spots on even the best kept lawn, in some cases those spots can be a result of fungal diseases that can take time and money to fix if you want your landscaping to thrive. If a lawn is wet or soggy and has an unpleasant odor, that can be the sign of a broken sewer line, which is a huge problem that must be addressed as soon as possible.
The potential to make exterior changes
If you want a fence in your front yard (which is ideal with small children or pets), you dont need to worry necessarily if your dream home doesnt have one. That's an easy and fairly inexpensive fix, if the HOA or city will allow you to add a fence. A fence is just one example of a change you may want to make to the exterior of your home. Do you want to add a porch or a pool? How about fresh landscaping or a new pathway? Ask the HOA to learn a bit more about what changes you're allowed to make to the exterior of the home to confirm there are no roadblocks ahead of you.
Related: Signs a house will collapse
Community
Even if youre a major homebody, the community surrounding your house is a really important part of finding your home sweet home. Most listing sheets do a pretty good job of giving you key community data, but youll still want to do your own research on your potential new neighborhood. Heres a few factors you should consider before settling down in a new-to-you location.
- School rankings
- Crime rates
- Noise pollution
- Environmental factors
- Proximity to work
- Amenities (community pool, library, etc.)
- Traffic flow
Important questions to ask
When youre reviewing your house hunting checklist, theres a few key questions you should ask. The answers to these questions may take a little digging to uncover and wont necessarily be apparent to you after touring a home. You can ask the selling agent these questions to gain some insight into the home and what buying it would look like. Your real estate agent should also be able to ask these questions on your behalf.
When are offers due by?
If youre touring multiple homes at once, youll want to take note of the offer deadline for each home youre really interested in. Missing the submission deadline is an easy way to lose the opportunity to put an offer in on a home you love. If you really want a home after touring it and are ready to make an offer as soon as possible, check in to see when the seller will begin accepting offers (this could be right away or on a set date), to make sure you dont come across as pushy for sending an offer too soon.
How many offers have already been made?
Knowing how many offers other buyers have already made on a home you plan to put an offer on can give you an idea of what your competition looks like and how quickly the home might sell. If they have a large amount of offers, you may find yourself in a bidding war. If they only have one or two other offers, you may feel more comfortable keeping your offer closer to asking price. Some home sellers request their agent doesnt reveal how many offers are on the table for fear of scaring off buyers, but it doesnt hurt to ask.
Why are the owners selling?
If you can find out why an owner is selling their home, you may discover that their reason for leaving might make you want to leave too. In some cases they may simply want a change of scenery, need to move for a job, or might want to upgrade to a larger home. But if their reasons for leaving are because they have bad neighbors, there are high crime rates, or the schools in the area are struggling, then you might want to reconsider moving in.
Is the home for sale as is?
If a home is for sale as is, that means the sellers wont be making any repairs or providing buyers with credit to make repairs on anything that a home inspection uncovers. This can be especially concerning if they did do renovations that arent up to code, so again its super important to ask if theyve made any changes to the home and if those changes were permitted.
Related: Should you buy a home with fire damage?
Does the property have any problems that need to be addressed?
Speaking of necessary repairs, listing agents have to be upfront with you about any known issues that the home has. You will gain access to this information via disclosure documents that the seller has to provide, but asking in person about these issues will give you the chance to check them out for yourself.
There are a lot of details to keep on top of when youre house hunting, so make sure to bring your checklist and a pen with you when you're looking for your next home.
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