A homebuyer often gets confused while he wants to buy a home. They have options of villas and apartments for their property purchase. The basic differences between the two, often determines which property one opts for.
If you look at the pricing of both, which is a crucial deciding factor when you decide to invest in real estate.
What Are the Basic differences between Apartments vs. villas?
The basic difference between apartment and villas is that apartment projects generally comprise of high-rise structures, offering living spaces in varying configurations. Whereas villas for sale, on the other hand, are luxury independent residences and in constructing these units.
Along with that, there is a major difference of the pricing of these two residential options. It is significant to note here that a villa would often cost much more than a large luxury 4BHK apartment.
But why is it so that a 4 BHK luxury apartment is less costly than a villa? An apartment-based project allows the developer to construct high-rises, based on the FSI allocated to the builder under that city’s building norms.
While, the villa projects are low-rise constructions and do not exceed two floors. This vertical growth gives builders an option to build high-rises and utilise the full potential of the space.
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Listed below are some of the points that you should focus on when choosing between a villa and an apartment:T
- The property’s value is the major concern that is taken into consideration and that will define which property to buy. If you compare between a villa and an apartment, the cost of villas is certainly much higher than the cost of apartments for sale, in fact, even pricier than the ultra-luxury category apartments.
- Considering the maintenance cost of the villas than the apartments is always higher. This is because maintenance of villas not only involves regular day to day care but also maintenance of the common area and garden. If you consider all these points then the apartment is no doubt the best option available.
- On the other hand, if you are concerned only about luxurious amenities, and you are ready to shell out that extra money then opting for a villa is much sensible.
- Another major point to look at is the location of the property. A property which is closely located to the social infrastructures like hospitals, schools, and offices are preferred. The properties with excellent road connectivity should obviously be the choice of the buyers. Usually you will see that a villa or an apartment which offers easy access to all these areas of the city will likely be in more demand.
- Now, when it comes to customizations, villas certainly offer more freedom than apartments. A villa can be modified easily to reflect the resident’s varying taste and styles. While in the case of an apartment you will have to take a number of approvals in case you want to modify or expand anything and most of the time it is not even allowed.
These are just few points of both villas and apartments as they have their own set of pros and cons. Some of the other factors that you can consider are community, security, facilities etc.
Therefore, buying a property is not that easy. Villas offer more space and liberty but apartments offer better security. Thus, let’s conclude by stating that you should decide upon a villa or an apartment only after considering all the factors that eventually affect your life.
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