Demand for integrated township may go up post COVID: Report

The disruption caused by COVID19 will push demand for gated communities with self-sustainable ecosystem, an analysis by Ernst & Young revealed.

The report says that young families will seek environments that are controllable, safe and secure, while providing amenities that reduce need to venture out.

EY, in its analysis of the real estate sector said that townships and condominium complexes, that are augmented or with adjacencies to schools, health facilities and recreational options, will witness higher demand.

“New developments will witness design evolution, as business centres will become common place within gated communities and building clusters. Demand for tech enabled services for various domestic chores (housekeeping, food preparation, driving, house managers etc) will likely see a substantial uptick in metros and large cities,” EY said.


April 09, 2020

2 views0 comments


  • LinkedIn

DISCLAIMER: The information contained in this website is offered for illustration purposes only and is general information. We make no representations or warranties of any kind (express or implied) with respect to the information, products, services, statements, figures, calculations, plans, images, logos, related graphics and are purely indicative in nature only. Whilst all reasonable care has been taking in providing all information, however, We or / and our related companies or/ and our representatives, consultants or / and our agents accept no responsibility for its completeness, accuracy, reliability, suitability or availability of any information contained herein for any action taken in reliance thereon by any party. Any reliance on information as contained in this website does not constitute an offer, inducement, representation, warranty or contract and may be relied upon at one’s risk and consequences.