Sat. Sep 30th, 2023

Which is the better option to choose, buying an apartment or building a house and getting settled? Every home buyer tends to experience the same concern and it has been a really worrying thought to get an answer. Settling down with the first home would make you very much confused about which choice of the concern regarding an apartment in Electronic City or a home. The actual choice is not all those regarding the home loans or EMI but is the choice to be made between the apartment and individual house. Making a choice on the same means, you need a better understanding of your budget, your preferable location, when you are planning to move and the very primary concern, the safety and privacy you demand. Both apartments and homes have their own positive perspectives which are essential for us to lead a perfect life in one way or another. Still, the concern is confusing for many and needs some distinct factors that would help you make the choice.


Have a clear-cut idea of the amenities you wish to require in your flat or house, according to which the decision of a flat or house can be made. Buying a flat provides access to all modern amenities including the safety features but always an additional cost to add to the property’s cost. Amenities can be anything around the flat that would typically make your life easy and safe. Also, an individual house in a gated community may also render the security features and may also provide much more you can have for a home, but accessible equally to all house owners. While in terms of amenities, both the flats as well as the plotted homes are a great choice.

Maintenance Deals

When it is the case of maintenance between the house and apartments, then apartments will score more with minimum hassle. The majority of the apartments do equip with a team to fix your maintenance needs which come in as an included package within the payment you do it on a yearly basis. In an apartment nothing comes your way, the only job is to live your life to the fullest. All your surroundings around you are kept well maintained with designated staff keeping a note on all the chores on time leaving you to lead a carefree way of life. The case of having a house of your own is a different aspect where the owner must take the hassle to consider all the maintenance needs.

Locality Choice

The builders hold access to open spaces in the metropolitan city like Bangalore. The builders provide a source to fall for to balance the ever-increasing demand for homes in the city, especially for those who wish to move alone for the sake of their jobs. The space crunch in the city is the only issue the builders as well as the people living there tend to face. The location is a major concern between the choice of house and apartment, as an apartment can only be a choice if you want to stay in the midst of the busy rustling city. The apartment culture has become a mode of regular practice as urbanisation has taken on its pace in the outskirts. Choosing the plot to build a house is ideally better in the remote parts of the city, when you don’t already own something in the prime location or no builder is ready to provide a villa-based project in the same region. Buying a plot at the centre location for a sky-high price to build a house won’t be a wise decision, as you have the building of the house coming your way.

Mortgage Provision

Comparatively, buying a flat might be a better base for a mortgage provision than an independent house. Residential projects are always eligible for financial assistance from major banks, while independent homes set tight scrutiny of property papers and the property evaluation might seem very much difficult. The borrower is not provided with the whole amount but only 70% of the amount which sometimes seems difficult to arrange the remaining amount including stamp duty. Unlike the independent house, when it is apartments in Chandapura, Electronic City, the loan amount granted is about 90%.

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