2 years, 11 months ago
Gated community: Luxury or necessity?
The HinduBy 2026, the demand for gated communities will increase by 2.5x reaching $500 billion, as reported by one of the leading management consulting firms, Redseer. Though independent houses are still in existence, the surge in demand for a flat/ apartment in a gated community is quite significant. Moreover, higher disposable income, increased living standards, and in general demand for a healthy ecosystem for one’s family are the key drivers for this kind of surge in demand for residences in gated communities. Expensive deal With almost 32% of the total population living in big cities, gated communities are much lesser than the independent houses/ locality.
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