Real Estate is a space that always lures one and all alike. Almost 5-6 decades ago, buying a plot and building a house was all that one thought of. But with the passing of time, home buyers have been spoilt for choice with apartments, penthouses, villas, community living, and many more to choose from. Now, when you think of investing in real estate it is a tricky decision. This is because buyers have to consider numerous factors before deciding on their dream property.
It all depends on your requirements, taste, and interests basically. If you just want to invest for higher returns, years later, it is always wise to buy a plot. But, if you want to live there or let it out for rent one has to choose between a villa or an apartment. Let us take a look at the pros and cons of both.
There are some basic points one has to ponder about before choosing between a villa or an apartment.
These questions are just a few and there are many more before you take a decision and it also depends on the facilities builders offer. S & P builders give you myriad choices and it will be easy for you to take a decision, if you choose from their projects (villas and apartments) in Nedunkundram, Poonamallee, Medavakkam, Mambakkam, Tambaram, Perungalathur, Oragadam or Ayanambakkam near Vandalur.
Basically, a villa is an independent building, built in a given area that you will own. Apartments are just part of a vertical building. Builders like S & P offer exclusive and luxurious amenities in both segments and allowing a home buyer to choose what you want.>
While both villa and apartment project have amenities and security spruced up, villas give you the much-needed private space. With villas and apartments now being built close to work places, commuting to work has also become a real joy.
Developers like S & P choose their sites carefully. Villa or apartments, S & P Foundation ensures that the occupants have a hassle-free lifestyle by locating the projects close to work places, educational institutions, shopping areas, public transport, and health care facilities so that one does not spend time and money looking around for basic needs.
If you choose a villa or an apartment in a gated community, offered by developers like S & P, your time will be spent in a useful manner. You will have the company of elite and like-minded people and therefore can be sure to build a good circle of friends. Children too will have a friendly atmosphere to enjoy and learn.
In times of land appreciation, the resale value of both villas and apartments have grown manifold. The only difference is that the land on which a villa stands is entirely its own, while in the case of an apartment, it will be UDS or undivided share.
In big projects such as the ones built by S&P, all maintenance is handled by a well-placed crew freeing residents from the worry of having to coordinate with and work with painters, plumbers, or electricians in case of faulty electric lines or leaky pipelines.
Apartment residents cannot expect much privacy and also have to put up with high-decibel noise levels as their neighbors are housed very close. Comparatively, it is much quieter in a villa.
After all, when you own a home, you would like to do it up as per your taste, choice, and needs. This is not always possible in an apartment as the building plan itself might offer a lot of constraints. But, if you choose an experienced and reliable builder like S & P, their layouts and plans will not have you worried much.
Apartments and gated communities are best for those who need to move out of the city often. It suits those, who have a family to take care of, are in jobs that are transferrable or require frequent travel, or have elderly parents or in-laws to take care of. One is sure of help from neighbours to take care of their little ones or aged parents or the security of their homes in general. In a villa, it is not practically possible as we always tend to be private people.
In-villa living, we can have a garden of our choice but the maintenance costs are also ours. In apartments or in a gated-community living, landscaping or beautification costs are shared among the residents but the choice of design or flowers or grass is not ours.
Owning a home, therefore, is not an easy one and before making a decision, rummage through a plethora of issues. Do not forget the major ones like location, budget, loans, layout, and design. Whether the decision is going to be a villa or an apartment, never forget that the most important point to consider is choosing an experienced and reliable builder with a good reputation.
