The laws of demand and supply govern every activity of our life, not just economics. Whether it is the stock market or gold or real estate, prices and demand and the supply - they all have a relationship with each other. People flock to a particular commodity if its supply is less, whereas if the supply increases, then the demand for that commodity also reduces,
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A roof over one's head is one of the three basic needs of a human being. The day might have been spent in the usual struggles for the other two necessities - food and clothes - but at the end of a tiring day, one needs a place one can call home, where one can come back to, spend a good time in the company of family, and take rest for the next day.
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Over the last few years, there has been a rising trend of people choosing to live in towns rather than anywhere else. People moving to cities like banglore in search of jobs also need homes to live in, be it flats of villas. Many real estate industry insiders believe that township living is truly the future of the residential real estate market. So let's take a closer look at the factors that are driving people to living in the towns.
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