Apartment vs. Independent House: Which One Is Better in Bangalore?

Apartment vs. Independent House: 6 Factors to Consider

When you are thinking about whether to buy apartments in Bangalore or independent homes, here are some factors which you should keep in mind:

• Cost

  Let’s face it, buying apartments is much cheaper than building an independent home. This is because in order to build a house, you need to purchase land, pay for the stamp duty and other clearances to the respective authorities, raw materials, labour costs, electricity connection, etc.
  However, when you buy an apartment, the builder takes care of all these expenses, requiring you to pay the requisite amount. They also have tie-ups with various entities, which help lower the cost of production, enabling them to offer flats at competitive prices.
  Furthermore, if you go for upcoming apartments in Bangalore, you can get them for a much lower price in comparison to ready-to-move-in ones.

• Maintenance Costs

  In apartments, the maintenance costs are equally divided among all flat owners. Additionally, residential complexes have dedicated maintenance teams who take care of all these aspects.
  But, in case of an independent home, you have to bear all the maintenance expenses.

• Amenities

  When it comes to amenities, apartments win hands down. Nowadays, new apartments in Bangalore usually have a wide array of amenities, like swimming pools, gyms, clubhouses, playgrounds, etc., all within their premises.
  Now, you do have to pay for them in the form of maintenance charges. However, in case of an independent house, such amenities are absent. You can build some if your plot has extra space, but the financial implications are very high.

• Social Life

  In apartments, you will get the experience of living in a community. It will encourage social interaction and help build strong relationships with your neighbours. Moreover, you get to celebrate festivals with the community, attend parties and take part in various other activities.
  But, if you prefer privacy and isolation, going for an independent house may be a better choice.

• Security Features

  Gated residential complexes have state-of-the-art security systems like CCTVs, burglar alarms, and dedicated security personnel. They also have fire protection systems to evacuate residents and extinguish the fire when needed.
  In this regard, for an independent house, you are solely responsible for your safety and security.

• Future Value

  If you are buying property in Bangalore as an investment, going for apartments will be a better choice. Due to the city’s booming IT sector, there is always a high demand for residential apartments, facilitating long-term capital appreciation. Additionally, you can always put them on rent and avail high rental income.
  However, standalone homes have comparatively lesser demand. Moreover, their high initial capital investment makes them difficult to sell at a profitable price.

Looking for upcoming projects in Bangalore?

Mahendra Arto Helix is one of the top RERA-approved ongoing projects in Electronic City Bangalore, featuring luxurious 2 and 3 BHK flats, which can provide you the advantages of living in both apartments and independent homes.
Moreover, our residential complex is built on a 3.75-acre campus with outdoor sports activities and 86% open space.
To book our luxury apartments in Electronic City, call us now!