With the demand for housing increasing day by day, the choice to make between an apartment and a villa-style individual home is always a confusion. Now-a-days builders are offeringboth of these at a very discounted price. As a buyer, how do you find out the best choice? Let's see.
All You Need to Know:
A home or a property is one of your biggest assets. It is a legacy you leave behind for your children. This makes is it all the more important for you to make the right choice. In a city like Mumbai, getting the smallest accommodation could also be a real challenge. Advertisements by builders such as 2 BHK Flat For Sale In Borivali East or Apartments On S.V. Road may look tempting but don’t jump into a decision quickly. Take time. Do your research. Let us give you some pointers, to make things easier.
You should consider the following to decide whether to buy a 2 BHK flat in Borivali Mumbai or to go for a villa.
1. KNOW THE PRICE
Price is an important determinant when it comes to buying a flat or villa. The villas are priced at higher rates when compared to flats in the same area. To buy Apartments On S.V. Road, or 1 BHK Flat In Borivali East For Sale you may consider the projects of Chandak Group such as Stella, 49 Ideal, Chandak Next. All these are well designed by the builder knowing the cost constraints that are faced by the buyers. Factors such as maintenance fee also stand in favor of apartments as the maintenance fee is borne collectively by the flat owners unlike the owner in a villa.
2. CITY OR OUTSKIRTS
There is always this confusion of choosing a luxury villa in the outskirts or going for a modest 1 BHK Flat In Borivali East that comes for sale. The location of any property is as important as the price. Proximity to schools, colleges, hospitals, and recreational places is an important consideration for a family. Your office location is another constraint. You don’t want to end up spending 3-4 hours commuting daily. It’s always a good decision to choose a home closer to your office or near to your child’s school.
3. KNOW ABOUT THE AREA AND LAND
After deciding upon the price and location factors, you must do some research about the area and the land. This is more important due to factors like groundwater level, quake resistance, etc. Analyze the demographic details of the land and ascertain the land details. Knowing more about the nearby apartments, homes as well as shops would give you an understanding of the culture in the area.
4. CUSTOMIZATIONS
Customizing your home according to your wish is an important element which as buyers, all of us will look for. When it comes to customizing, a villa is said to be easily customizable when compared to a flat. Similarly, a villa can be easily reconstructed or expanded, which cannot be done in a flat. Though most builders are professionalsand capable of doing their job perfectly,but the Chandak Group is the pioneer and the buyers’ testimony speaks for that.
5. INCOME OPPORTUNITIES
The investment made in an apartment or a villa is an asset and we all wish for it to increase in value with passing years. A 2 BHK Flats In Mumbai Borivali or Apartments in SV Road are expected to give you good return income. In case of the flats purchased, you may even rent it out, if you are not planning to occupy. This can be another source of income. However, it is difficult to find tenants for a villa, owing to the high price and huge monthly rents involved.
Apart from the factors that are mentioned above, there are also points to consider such as the safety and security of the residents, things like a gated community or a gym or even a clubhouse facility.
You get these amenities free or at reasonable charges when you buy a flat rather than a villa.
Before you look to purchase a gorgeous Flat for Sale In Borivali East or an appealing villa, don't miss to do the groundwork for that property. Think about factors that might affect you at a later stage of the purchase such as reselling the flat or villa. Research well on the factors such as loan and the interest rate that will be applicable for buying a villa or a flat,this important factor should not put too much burden on you.
While options are available in plenty, choose the best based on the points mentioned above and as per your requirements. A home to call your own is dream come true for everyone. So, make sure you choose wisely. Happy buying.
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