Which is a better investment option, villas or flats?

Here are some important features you need to know before making decision whether it is a Villas or flats. It's very important to take a good decision because nowadays investing in a property, house, villa or an apartment has become a quite huge investment in a lifetime. A middle-class people can invest only once in a lifetime so take certain measures before investing in a property, because of its a hard-earned money.

General features of Apartments

Apartments in Bangalore have increasingly become the most supplied property type across cities in India. Their popularity can be attributed to reasons including but not limited to contemporary looks, modern-day amenities, and better security. In addition, issues pertaining to water and power supply, and maintenance are usually taken care of by the developer. Thus, if you are buying a property for end-use, apartments might prove to be the best option unless you want the liberty to design your own house. As these units are easily available, you also have plenty of options to choose from, depending on your budget, location and other preferences.

Investment in Apartments

In case you do not plan to occupy the flat immediately, you may put it on rent and revoke the burden of EMIs if you have availed a home loan.

Another advantage of investing in an apartment over a plot or a house is its higher resale value and a wider buyer base. As demand for these units is usually the highest among all property types, it is relatively easier to find a buyer for your apartment than for an individual house or a residential plot.

General features of Villa’s or independent houses

Independent houses or villas are preferred by those who want the privacy of an independent unit but also want to avoid the hassle of constructing a home. One of the major drawbacks of these units is the lack of security and power and water backup, which is usually offered by society complexes. However, today, developers are offering these units in gated communities with the individual as well as shared amenities.

Investment in House or a Villa

When it comes to independent houses or villas, capital appreciation might not be as high as a plot or even an apartment. This is largely due to the high initial capital involved and the limited demand as compared to apartments.

Monthly rents for such units are usually way higher than apartments. However, due to the high price tag associated, it is difficult to find tenants.

If you looking for flats for sale in Bangalore you can visit builders and developers in Bangalore. So that you have an complete idea do’s and dont’s.

For more information Visit: https://www.onebangalorewest.in/, https://www.kessaku.in/

What are the ups and downs of living in a flat?

Apartments have long been an attractive living option for many of those who either can’t afford to or just don’t want to live in a full-scale house.

They come with a range of benefits, and in the midst of an economy that can be hard on those looking to buy a home, they could be a more viable option for people with smaller incomes. A few common benefits of apartment living include:

Pros for living in an apartment

• Less maintenance: Nearly all apartments, most maintenance is covered and taken care of by the landlord or the body corporate, making one less major worry for you when that leaky pipe finally splits. Apartment owners may still be responsible for some of the non-structural maintenance of the space they own.
• Amenities: living in an apartment complex can bring access to a large array of amenities that you might not get after buying a home. This potentially includes things like a common room, swimming pool, communal barbeques, a gym, covered parking, and a security system.
• Well-suited for living alone: – the smaller space and simplicity of an apartment can be ideal for those living alone who want less space and smaller bills.
• Bills and fees – apartment living can cost you less in terms of heating, cooling and other utilities such as water and electricity.

Cons for living in an apartment

• Smaller living space: one major disadvantage of apartments is that they’re generally smaller than the average house. While this means you’ve got less space to clean, for some people that’s only a small consolation for less living space, particularly for those who like to entertain.
• Privacy and noise – due to the crowded nature of apartment buildings, the privacy afforded by apartment living can be less than that of living in a house. You might overhear someone speaking (or singing, or shouting…) in the apartment next to yours, or they might hear you. This means that being impacted by excessive noise, and even in some cases cigarette smoke from other residents is entirely possible.
• Personalization – Because most apartments are overseen by body corporate, the extent to which you can modify and personalize your apartment is potentially limited and may require body corporate approval.

So while apartment living may be well suited to some, there are some notable disadvantages you might want to take into consideration before you choose an apartment over a house. If you are looking to buy apartments in Bangalore visit Phoenix kessaku which is Marvellously designed ultra-luxury high-end apartment.

For more information visit: https://www.kessaku.in/ , https://www.onebangalorewest.in/

Which is the best to purchase, a new flat or a resale flat?

This type of question depends on lifestyle preferences, financing needs and the priorities you put on features like high energy efficiency, functional arrangements of interior living spaces and your desire, budget, and aptitude when it comes to repairs and capital improvements.

There are a few reasons which also might interest you to have a preference for resale flats even after you know that it needs some kind of renovation. For occurrence, you may have your heart set on moving to a definite locality in the city or a close-in suburb.

So, it is comprehensible that people prefer older flats, but here are some advantages to buy a new home which can be a potential choice:

• Affordability
• Affordability is the major step to be considered by the Flats buyers. Potential property seekers may prefer resale flats thinking to pay less, but they have to anticipate that there are various other amounts to be paid like registration fee, transfer fee, stamp charges, utility charges, etc. Also, resale flats require repair and maintenance.
• The first-hand flats that are constructed in upcoming locations or suburbs will cost you lesser when compared to resale flats in established localities of a city.
• Energy consuming/Green Buildings
• Most newly-built flats come with energy certifications covering walls, roofs, windows, doors, and even appliance packages
• No resale flats offer certifications because they were built to much lower standards decades ago when energy usage was an afterthought. To make an existing flats an efficiently energy-saving property will cost you a lot.
• new flats offer air filtration which increases indoor air quality, dropping the chances of affecting buyers who have asthma or allergies.
• Fittings, Wiring, and Flexibility of Space
• A brand new flat comes with already safe fittings and fixtures that assure a hassle-free solution for a long time.
• resale flats always have a problem of wiring and fittings.
• When you buy an old flat, the design part is fixed.
• while buying a new flat you can always guide and suggest designs to the developer when it is in its actual constructing stage.
• Financing
• While buying a resale flat, the procedure is extremely long which includes a background check of the seller, title check and verification of documents, closure of home loan by the seller, registration of property in authority, etc..
• When you buy a new apartment, mostly your developer takes care of the whole process.
• Resale Value
• The resale value of a 20-year older flat will not be the same than that of a 5-year-old flat.

The ultimate goal, thus, is to buy a flat, whether a new or an older one. The best decision, however, can be made by a potential buyer only. If you are looking for apartments in bangalore I prefer you to take look at One Bangalore West which is one of the Best Luxury Apartments in India.

For more information visit: https://www.onebangalorewest.in/ , https://www.kessaku.in/

Is it good to buy a top floor flat?

Buying a top floor solely depends on your choice. But it's not a bad idea. However, before going ahead to make a purchase on the top floor, here are some advantages and disadvantages which you should keep in mind when you plan to buy an apartment in Bangalore for rent or in other cites as well.

Advantages:

1. It offers a spectacular view of nature and surroundings. Also, you will get enough sunlight.
2. If you are opting for a top floor, you will get the benefit of the terrace which you can use as per your requirement.
3. A top floor always has an advantage over the others that it gives a better sense of safety and security.
4. Noise and dust are always less as compared to lower floors.
5. Sunlight access to the higher floors is better resulting in reduced usage of artificial lights

Disadvantages:

1. Home renovation becomes a tedious task for top floor residents. Suppose if you are shifting furniture, there can be some chances of damage also.
2. During summers, the top floor generally remains hotter than the lower floors. So, the need to use Air Conditioner increases suddenly which results in high electricity bill.
3. It becomes sometimes frustrating for the top floor residents to wait for lifts or to go through stairs if you are having a long day of work.
4. Top floor residents don't have much ease of access to facilities like garden, and street life.
5. In case of an emergency such as fire or earthquake, it becomes difficult for people living on the top floor to escape and also, for differently-abled people.
6. Being situated a height, it will not serve good for elderly people. In case of an emergency when lifts are not accessible utilizing the staircase can give which will be a tough undertaking for them.

If you are planning to buy flats in Rajajinagar bangalore for then you can just take a look at One Bangalore West Phoneix so that you could get the idea of how you should plan for your future living.

For more information visit : https://www.onebangalorewest.in/ , https://www.kessaku.in/