Apartments or Villas : Which is a Better Choice?
If you are a home buyer, you will know the ample amount of options that you have in front of you. From villas to apartments, to individual houses and so on and so forth. To choose among all these might take some time as there are a lot of things that need to be considered before you make your final decision.
Over the past few years, apartments have become an easily available property compared to any other kind of home. Also, when it comes to the cost, apartments are always the most cost-effective option.
On the other hand, a villa though costlier than apartments are usually for people who want to live a private life with luxury and comfort all to themselves.
While we think of what is the basic difference between a Villa and an Apartment, without a doubt what comes first to the mind is the difference in prices.
According to research, you can buy an apartment in prime locations across cities for Rs. 50 lakhs, whereas a villa can cost you around Rs. 17 crores. This amount can vary from one city to another.
If you are looking for customization, then Villa is your choice as Villas have huge scope to customize. A villa can be modified according to your taste and style. This option might not be there in the case of apartments as they are already constructed.
When it comes to return on investments, apartments are the clear winners. The majority of the home buyers in India are nuclear families for whom flats or apartments are more affordable.
The owner can also rent out the apartment if he wants to which might not be possible in the case of villas as the maintenance of it can cost a lot.
So what is your thought? Apartment or Villas?
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