It’s always a puzzle when we making the decision whether to buy an apartment or an individual house. Though the main factor affecting the decision is the budget, there are a lot of other things to consider because investing in a property where you stay neither a short term answer nor the decision can be easily reversed.
Apartments have fixed structure with absolutely no choice to change that from the builder end whereas when we are building our own house we can go ahead with our choice beat vaastu compliance, Hall structure kitchen position, etc.
The main factor which also influences the decision is on the number of people living in the home. Apartment usually comes in 2&3bhk options. But while building a house we can adjust the size of hall, parking, etc. to change the number of bedrooms also when we require more bedrooms we can build another floor make a duplex and get the things done.
Appreciation of asset
Everyone invests on property because it’s an appreciable asset for them. When we compare land with apartment though the building value of individual house gets depreciated but the land value always appreciate considerably. On the other hand apartment though it will be appreciated in the starting few years after the procession their value either gets constant or it will be depreciated slowly. Also the re selling value of the apartment will be held at a constant price.
Make an extra income
While constructing our own house we can plan accordingly for the additional rental income by constructing additional buildings along with that. Depending on the location either we can construct the residential houses or we can even build the shops for commercial uses and make place for the secondary income.
Maintenance
Though apartment comes with the additional facilities like security, clubhouse, pools, play areas, etc. Everyone has to pay regular charges for it even if they are not using any of them.
Easy mortgage
In this modern volatile environment always we invest in assets thinking that it helps in tough times. When we compare apartment with individual house, for individual house it will be much easier to get mortgage loans rather than the apartment.
Buying under-construction apartment
This has been always a major issue for the customers when they are buying apartments because many a times due to various issues the apartment construction will be delayed or government put hold on the construction people’s money gets held up.
We being one of the premium property developers in Bangalore region, we have multiple residential projects going on all across Bangalore.
