Building Communities of the Future: Katru Ramakrishna's MK Builders And The Demand For Integrated Townships In India
Over the past decade, and especially since the onset of the pandemic, the demand for integrated townships and gated communities has been gaining momentum in tier-2 cities across India. As more and more individuals flock to these urban centers in search of job opportunities and pursue hybrid work, the need for contemporary and comfortable living spaces that provide an array of conveniences and facilities has surged.
As Katru Ramakrishna, the founder of Visakhapatnam-based MK Builders & Developers states, "Integrated townships and gated communities are meticulously crafted to cater to the needs of those seeking a secure and safe living environment, complete with easy access to vital services and recreational amenities. Commercial spaces within these communities are exclusively available for residents. These may include essential services like ATMs, pharmacies, salons, and supermarkets, providing a convenient and self-sufficient living experience for residents.”
Founded in 1998 by Mr. Mandadi Rathnaiah and Katru Ramakrishna Rao, MK Builders & Developers has been setting benchmarks in the real estate industry for more than two decades. Their mission was to serve the community by providing quality homes to the people of Visakhapatnam. Since then, the company has grown significantly under the vision of its founders. 2023 also marks the company’s 25th corporate anniversary – thus clocking its silver jubilee.
Commenting on the popularity of gated communities, Katru Ramakrishna further explains, "The rising concern for safety and security among urban residents is one of the primary reasons for the growing appeal of integrated townships and gated communities. As cities in India become increasingly overcrowded, crime rates are also on the rise. Integrated townships and gated communities instill a sense of security by implementing stringent security measures, such as round-the-clock surveillance, access control, and dedicated security personnel.
Undoubtedly, the most significant driver of the demand for integrated townships and gated communities in tier 2 cities is the quest for a modern and comfortable lifestyle. These communities offer a broad range of amenities and facilities that are designed to make residents' lives more comfortable and convenient. For example, most integrated townships have a clubhouse, swimming pool, gym, and other recreational facilities that promote a healthy and active lifestyle.
This ethos is central to MK Builders, as they reflect the vision of a comfortable lifestyle. MK Builders & Developers specialize in residential developments and gated communities. Their aim is to provide a holistic product, not just a mere four-walled apartment, but an all-encompassing experience with excellent amenities and facilities in each project. Their flagship project, MK Gold Coast, is a prominent landmark in the city and sets the standard for luxurious living. The current under-construction project, MK ONE is a true star of the city. With luxuriously spacious homes, ranging from 2350 to 3510 sq ft, MK One has got 151+ exciting amenities divided meticulously into 4 activity zones – ground, club, lounge, and sky amenities, making it perhaps the one and only in India with such a unique value proposition.
As Katru Ramakrishna elucidates, "Moreover, these gated communities are self-sufficient, with everything a resident needs within walking distance. This means that residents do not have to travel far for basic necessities such as groceries, pharmacy, ATM, grooming, and playschool for toddlers. This aspect is especially appealing to families with young children who are seeking a safe and convenient place to raise their families."
In conclusion, the demand for integrated townships and gated communities in tier 2 cities in India is escalating, driven by the need for safety and security, modern amenities, and a comfortable lifestyle. With the rapid urbanization of India, these self-contained communities are becoming an increasingly popular housing option for individuals seeking a secure, convenient, and comfortable place to call home.
