Originally Posted by Collin
They just confirmed in an interview that the game will have no towns. They clarified that it's a Hyrule in ruins and they took direct inspiration from the world of the NES LOZ. They did confirm that there will be a handful of stray NPCs throughout the world but no towns or villages in the traditional sense. Also, they claimed that link will not have any kind of partner and will be exploring alone for the entire game.
http://m.neogaf.com/showthread.php?p=207055723#post207055723