Arjun | Think In Points

Gated societies are not India's future. Townships are. Think about why gated societies became so popular in the first place. It was never just about security. People wanted good roads, proper footpaths, parks, greenery, cleanliness... basically a place where they could step out without having to deal with the everyday problems outside. But even the best gated society has one problem. The moment you step outside, you're back to reality. You still have to go to work. Your kids have to go to school. You have to visit hospitals, restaurants, shopping areas and a hundred other places. And you have to navigate the bad traffic, dirty roads, potholes on roads, etc. That's where I think townships come in. I recently visited Bhartiya City in North Bangalore. It's spread across 125 acres and has residential societies, offices, schools, hospitals, hotels, restaurants, parks... almost everything you need. The roads, footpaths, greenery and public spaces are all maintained by the private developer. You're no longer buying just a flat, but buying an entire environment/ecosystem. And this is happening because people have slowly stopped expecting good public infrastructure from the government. They'd rather pay a private developer to build and maintain it. First we paid extra for a gated society. Now we're paying for an entire town. Think about how crazy that is. People pay so much in taxes, yet they still feel the need to pay again for good roads, parks, footpaths, cleanliness and basic civic infrastructure because they don't expect to get it outside. People are trying to escape the problems of India... while still living in India. I genuinely think this is where Indian real estate is headed. More townships. More self-contained ecosystems. More people choosing to live inside these bubbles because that's where they find the quality of life they're looking for.

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