While buying the property, the location is one of the main factors that determine the property being purchased. People tend to buy property in the most secure place with all facilities such as schools, banks, hospitals, markets, etc. nearby. Often most of the desired place in the city is taken by developers to build apartments with all amenities like lift, car parking, and security. Here are the reasons why people prefer to buy a flat instead of an independent house. If you are also planning to buy a home, opt for 2 and 3 bhk flats in jagatpura jaipur.
If you want to build your own independent house in a prime location of the city, will cost you more. Pay for facilities such as lift, security, backup power, etc. are added on top of the total cost of the building. For an apartment facility costs shared by different families live in an apartment which reduces the cost per head. So it is often more feasible to buy an apartment in the city rather than to buy a plot and build a house on it. We will discuss some of the differences between the characteristics of a flat and an independent house.
Facilities: While in an apartment under construction, facilities such as lift, car parking, water supply, power supply, backup power, security, etc. come together with a flat, for an independent house, we have to apply for this facility separately. For power back-up, one would have to install an inverter or small plants. It is time taking and requires some amount of effort to have everything in place.
Home Loan: In the case of home loans, it is easier to get one for a flat rather than to an independent house. While banks have a list of where to get a loan sanctioned projects easier, for an independent house, the Bank provides loans only after a detailed examination. So if you are planning for a home loan to provide your housing needs, the flat is what you should choose. Also, the bank provides part of the total price of land as residential development loans and you have to provide for the rest, including the cost of land.
Under-construction properties: If you plan to buy land and then build a house on it, it could belong and laborious work. But it also means that you can build a house in the planned time schedule. For properties under construction in an apartment, the buyer is really at the mercy of the developer regarding the date of ownership. With the new rules in such settings RERA, builders extended the possession date to avoid penalties later.
Maintenance costs: Usually a flat in an apartment requires less maintenance cost due to being divided into the number of families who live there.
Salability: The property is an asset that is more difficult to sell than most other assets. A flat apartment is easier to sell than an independent house. Sell independent homes can be very difficult if in the suburbs. Flat demand even in the cities of Tier-II and its outskirts.
Selection eventually buys the type of property to the purchaser. In general, if you have money to spare then you can go to an independent house, bungalow or villa. But for the budget-minded buyer, the apartment is always a better option. If you need help in buying a property in Jaipur, Somya Buildcon is one of the most dependable choices of real estate advisers in the town. Since its beginning in 2006, somyabuildcon.in has helped dozens of clients get their dream property at the best price and in a location of their choice. Now you have a clear idea of what you should do, Book your luxuries 2 bhk flats in jagatpura jaipur.
