How ‘Compact Homes’ can solve housing problem in India?

Owning your own house is on everyone’s wish list. But the ever increasing property prices especially in tier 1 and tier 2 cities of India is stopping most of us from owning our dream home. The worst affected are the middle income group buyers who are on one hand dealing with the increasing cost of living hence lesser savings and on the other hand the property prices are going up every day making homes more and more unaffordable. What makes more sense buying a big house for INR 60 Lakhs and then struggling to pay the huge EMI amount every month for rest of your lives or owning a smaller house which you can call your own without the worry of big EMIs? What makes more sense buying a house that you can afford during your lifetime in a well-connected, liveable city suburb or living your whole life with a dream to save enough to buy your dream house closer to the city? ‘Compact Homes’ is a successful concept which lets you own your dream home without the worry of huge EMIs. These homes are efficiently designed to cater to the need of a small family with minimal space wastage. These houses not only give you a roof which you can call your own but these days they mostly come with basic amenities like children play area, rainwater harvesting etc. as well. Saindhavi by Arun Excello is one such project which comes with optimised floor plans and gives property seekers a chance to own a house for just INR 17.99 lakhs onwards. Saindhavi is ideally located in Chengalpattu Town on the State highway SH 58. A property seeker can chose a no frill, low rise 2 BHK unit ranging from 565 Sqft – 1145 sqft along one of the fast developing corridors of Chennai which provides good road and rail connectivity and other social infrastructure. Saindhavi offers 189 units with all the basic amenities required for convenient everyday living like DG Power Backup, STP with grey water recycling, Children Play area, Landscape Garden, Rainwater Harvesting. Chengalpattu is close to 50 kms from Guindy but is connected via suburban railway network through express trains. This makes every day commuting to the city affordable and timely. The micro market has all the basic social and physical infrastructure in place and has many schools, hospitals, shopping complexes. The locality is not only suited for people working in the city but also has good connectivity with OMR, Mahindra World City on GST and also entertainment corridor at ECR. Chengalpattu is also well connected with other major cities in South Tamil Nadu like Trichy, Madurai, Kanyakumari etc. Arun Excello is successfully developing the concept of ‘compact homes’ in various parts of Chennai city and its suburbs namely - Compact Homes Saindhavi, Compact Homes Atana, Compact Homes Triveni, Compact Homes Manjari, Compact Homes Narmada, Compact Homes Saranga, Compact Homes Sankara, Compact Homes Madhulika.