Independent Floor Living: A Rising Trend, Gurugram Leads the Way
Gurugram’s real estate landscape is undergoing a dynamic transformation, with independent floors becoming a popular choice for modern urban living. While high-rise condominiums continue to dominate skylines, the growing demand for low-rise, independent floors signals a shift in lifestyle preferences, as buyers seek more space, privacy, and customization.
Global Appeal for Larger Living Spaces
On a global scale, there is an increasing preference for larger, more private homes. In the U.S., 66% of homebuyers favor single-family homes over apartments, according to the National Association of Home Builders (NAHB). In Europe, cities like Paris and Berlin are witnessing a surge in demand for low-rise, private dwellings as urban dwellers prioritize space and personalization. This global trend is reflected in Gurugram, where independent floors are gaining popularity, offering a blend of modern living with traditional privacy.
Enhanced Urban Living: Gurugram’s Transformation
Gurugram has emerged as a pioneer in redefining urban living, with independent floors becoming a major segment in the city's real estate market. The shift towards these spacious, low-rise homes is driven by homebuyers' desire for larger living areas, privacy, and flexibility in design. Independent floors now make up over 74% of the total housing units launched in Gurugram in 2021, according to a report by JLL. The city's impressive infrastructure development has further fueled this trend. New projects such as the Dwarka Expressway and the proposed Metro system have significantly boosted the appeal of independent floor living. Gurugram recorded a 28.9% quarter-on-quarter growth in 2023, outpacing the national average of 10.4%, making it one of the fastest-growing real estate markets in India.
Thriving Market for Independent Floors in Gurugram
The independent floor market in Gurugram is flourishing, offering luxury, privacy, and spaciousness at competitive prices. These low-rise structures provide homeowners with larger bedrooms, spacious living areas, and premium finishes, often at prices similar to high-rise apartments.
A CBRE survey in 2023 found that 68% of homebuyers in Indian metros prefer gated, low-rise properties due to the added benefits of privacy, security, and community living. Many independent floors in Gurugram are located in gated communities with state-of-the-art facilities such as parks, gyms, and green spaces, catering to the growing demand for wellness and experiential living.
Lifestyle Trends Driving Independent Floor Living
The preference for independent floors in Gurugram is deeply connected to shifting lifestyle trends. Today’s homebuyers, particularly millennials and Gen Z, are seeking homes that prioritize wellness, sustainability, and recreation. Independent floors offer larger outdoor spaces, including parks, gardens, and dedicated wellness areas like yoga and meditation spots. This aligns with a broader global trend, where wellness is becoming a key factor in real estate decisions.
As remote and hybrid work models become the new normal, buyers are increasingly looking for homes with dedicated workspaces. A Deloitte study revealed that 60% of employees in India now prefer remote or hybrid work, significantly influencing home-buying choices. Independent floors, with their flexible layouts and ample space, cater perfectly to this demand, offering the ideal blend of work and relaxation environments.
Sustainability and Wellness-Driven Real Estate
Independent floors in Gurugram are not just about luxury and space; they are also aligned with global sustainability trends. Many of these homes are built with eco-friendly materials and designed to be energy efficient, featuring solar panels, rainwater harvesting systems, and other sustainable practices. The World Green Building Council predicts that by 2030, over 60% of new global construction will incorporate green building standards, a trend already being embraced by independent floor projects in Gurugram. The focus on wellness and sustainability is transforming Gurugram’s real estate market. Features like natural lighting, air quality control, and green building certifications are becoming standard in independent floor developments, enhancing the quality of life for residents.
Gurugram: A Visionary Urban Hub
As Gurugram evolves into a leading urban center, its rise as a hub for independent floor living marks a significant shift in India’s real estate landscape. The demand for spacious, low-rise homes is reshaping the city’s skyline, driven by the growing need for privacy, wellness, and future-ready living spaces. With cutting-edge infrastructure projects, progressive real estate policies, and an increasing focus on sustainable, community-centric developments, Gurugram is setting the stage for the future of urban living. Independent floors offer the perfect balance of modern comfort, privacy, and eco-friendly design, making them a sought-after asset class for both buyers and investors.
Conclusion
Gurugram’s transformation into a hotspot for independent floors is more than just a trend; it is a reflection of the evolving urban lifestyle. As the city continues to grow and adapt, independent floors will remain at the forefront of its real estate growth, offering unparalleled quality of life for its residents and setting new standards in urban living.
Authored By:
Mr. Pradeep Aggarwal, Founder and Chairman of Signature Global India Ltd. He has over two decades of experience in the financial and commodity markets. His commitment to ethical practices and deep understanding of the securities market led him to the real estate sector, where he focuses on affordable housing under the brand 'Signature Global.' Driven by the vision of 'Har Pariwar Ek Ghar' (A House for Every Family), he has successfully launched 30 projects, which has positioned him as a one of the prominent leader in the field of affordable housing development in India