20 June, 2021    

It is always a good and proud feeling to be the owner of your own house. How do you decide whether you want to stay in an apartment or an independent villa? Of course, primarily, it is more of an independent preference. Let us understand more differences with the help of a small comparison.

APARTMENT

An apartment is considered as a flat or house, which is part of a bigger building, which may be located within an apartment complex. Some of the salient features of apartments are as listed below.

  • They are part of larger buildings, thus forming a gated community.
  • Buildings and apartment complexes have common facilities such as round-the- clock security and surveillance systems including CCTV installations, swimming pools, gyms, clubhouses, gardens, to name a few.
  • They are well maintained by the facilities management vendors.
  • There are various tracking mechanisms for visitors and residents.
  • Residents are allocated dedicated parking spaces for their vehicles.
  • This is a self-regulated community that organizes games, conducts community welfare drives, settles disputes, organizes sports and entertaining events, and much more.
  • Every member is responsible for the cleanliness and hygiene of the surroundings.

INDEPENDENT VILLA

The size of an independent villa is determined by the size of the plot of land, the budget and the individual’s taste. Listed below are some of the features of an independent villa.

  • You own the plot of land with the villa.
  • The villa can be designed as per your specifications and government permissions.
  • The villa can be duplex or with more permissible storeys.
  • This can be a self-sustained and self-contained villa.
  • Depending on the size of land available, additional amenities and facilities can be developed such as swimming pool, gym, prayer room, garden, garage, and more.
  • Separate vendors need to be employed to manage various aspects of the house – facility management, housecleaning, security, utilities, and others.
  • An independent villa has more privacy compared to an apartment and needs to be properly secured for appropriate security.

DECIDING FACTORS

The primary deciding factor is individual preference – if you have a mindset of staying in an independent villa, then an apartment will be uncomfortable to stay in and vice versa. However, family needs must be considered in the decision-making process. Carefully select and see some apartments and villas, talk to some of the owners. Understand the pros and cons of each and then narrow your choice to an apartment or a villa. Of course, we are always there to assist and guide you in the decision-making process. Simply reach out to us and we will be more than happy to help.

SYNOPSIS

Weigh your options for your own house. Each has their sets of pros and cons. Some aspects can be taken care of in an apartment whereas some of them can be addressed in an independent villa. One of the important factors is the “m factor” or the money factor. A house has an initial investment followed by regular maintenance costs, which vary with time. All these must be carefully considered while planning to buy your own house.

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