Over the last many decades, cities have grown haphazardly resulting in congestion. Lack of infrastructure can not only increase traffic and travel time but can also paralyze an entire city! To counter this at a micro level, certain mixed-use projects have come up in various cities in the form of townships.
- Mixed-use integrated high-rise structures are definitely classified as new age construction which includes a combination of residential housing, recreational zones, commercial offices & retail spaces that add so much life to an area. It provides a developed city area where both trading and residential can co-exist.
- Many developers are now experimenting with mixed-use projects or this form of development to provide a healthy and well-balanced lifestyle.
- Mixed-use projects offer not only a great lifestyle with proximity to commercial & retail spaces along with relevant amenities and hence Capital appreciation and annual rental yields are higher in mixed-use developments as opposed to single standalone buildings that are limited with resources and amenities.
- And if these developments are done in the heart of the city, then these are absolutely no brainers for both end use as well as an investment option.
- The Index at NRI Chauraha, Mahal Road, Jagatpura is one of the prime examples of an excellent mixed-use project offering ultra-luxury apartments, shops and offices at jaw dropping prices.
To sum up, mixed-use projects offer more promising investment alternative and higher returns on investment as there are multiple options to choose from whether it is a residential unit of commercial shop/showroom or an office space. The capital appreciation is quiet promising in mixed use projects as compared to only residential or commercial projects.
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