From efficient and stylish apartments to spacious independent houses, multiple factors affect the home-purchasing patterns in India.
If you plan to get your own place to stay and have been searching “apartments for sale” or “villas for sale,” then this is the right article for you.
This post will share every pro and con of an apartment and independent house so that you make the right choice.
Independent house
Pros
- You can design and plan the house as per your choice.
- The complete ownership of the property, as well as the land on which the house is built, would be only with you.
- You can have your lawn and private parking.
- You can choose to expand it vertically or horizontally if the local by-laws permit. Further, you don’t have to seek permission from local authorities to upgrade the building’s facade.
- Independent houses offer more privacy and a greater sense of ownership as compared to apartments.
Cons
- Generally, independent houses are more expensive than apartments as the cost includes:
- The land’s price.
- The complete cost of construction.
- The cost of clearances and stamp duty.
- The consultation fees of the architect.
- The safety and security of an independent house are completely on the owner. If the owner fails to set a reliable surveillance system or security measures, the safety of such houses can be compromised.
- Maintenance and managing an independent house can be challenging without enough staffing. If you own an independent house, you would also need a dedicated staff for maintaining the lawn, cleaning the outdoor and indoor, and periodic repairing of various amenities.
Apartments
Pros
- When purchasing an apartment, the buyer would only need to pay the agreed cost while the builder would take care of other technical formalities.
- Staying in an apartment is a lot easier than independent houses as it requires less work towards maintenance and management of the property. Almost every apartment offer paid assistance for all kinds of maintenance, repair, and management of the flats.
- Socializing in apartments is easier comparatively with various activities like get-togethers, clubs, festivals, and fun events.
- An apartment offers additional facilities like outdoor sports, swimming pools, and many more.
- One of the biggest advantages of apartments is security. They have a sound surveillance system and guards round the clock.
Cons
- Apartments need to pay various maintenance charges that include security, lifts and parking spots, electric expenses of the common spaces, garden maintenance, and more.
- The design of an apartment is almost rigid, and the buyer can only make minor changes to the layout.
- The privacy in an apartment is not as high as independent houses.
Summary
Deciding to invest in land is always a good idea. However, with millions of ads that scream “2 bhk for sale” or “3 bhk for sale” or “contact the best real estate developers of Hyderabad,” you need to understand your requirements and your budget.
We sincerely hope that the article will offer clarity and help you in making the right decision.
