Strawberry Star Group, a housing company launched the model of its ambitious housing complex in Luton. The construction is proposed to start from Spring 2019 with 400 apartments of the phase one of the construction of the society to roll out in the same year. Whereas, the whole project is expected to be completed by 2021 almost at the same time as the completion of Luton Airport rail link. With a total area of 6.8 acres, the housing complex is not restricted to residential flats only but has plans to include a surgery, pharmacy, a gym, parking and restaurants as well. Prices for a 2-BHK apartment start anywhere between £185,000 to £215,000.
Santosh Gowda, Chairman of Strawberry Star Group said, “We're looking at more and more high density projects so that we can build such societies and address the housing demands especially for young professionals who cannot afford housing in Central London.”
Property rates have gone up in London and young professionals are finding the rent prices increasingly unaffordable. Last year Luton was ranked as one of the top five cities to live around London to commute to. The housing complex that is going to be built right near Luton airport, is just a 23-minute-ride away from central London's St. Pancras station.
But despite the advantages of an easy commute and relatively cheaper cost, Luton is reputed as one of the most notorious areas of London.
James, the research head of the project addressing safety concerns, said- “Look at what Hackney has become now. It used to have a reputation for being very notorious. The same way we hope that our development project will reform Luton.”
