The decision of home buying is followed by a number of questions. One such question is whether you should go for an apartment or an independent house like a villa. It is obvious enough that an independent house costs more than an apartment. However, keeping the cost factor aside, there are several other pros and cons of both the options. Let us discuss it in some detail.
An apartment complex is better in terms of security and combined facilities. Developers offer amenities like power backup, clubhouse, swimming pool, fitness center, etc., in the apartments. Maintenance is also easier as you have to just pay the maintenance fee and the work will be taken care of. Services such as electrician and plumber will be available on call. There would be no parking war with the neighbor as the individual owners buy their own parking space at the time of purchasing the property.
While apartments provide better facilities, independent homes give you a greater degree of freedom. You can modify or extend the exteriors of your house as you please. Since you build the house on your own, you can design it the way you want. Moreover, an independent house gives you more privacy. You do not have to worry about the noises coming from the upper floor or adjoining apartment. Independent houses very well support the common saying- “Good walls make good neighbors”.
Apartments and Independent houses both have their advantages and disadvantages but their viability depends on your own personal requirements. If you are shifting to a new city where you have no relatives, it would be better to opt for an apartment where you can get all facilities at the doorstep along with the emergency facilities. Also, if you have a job that requires frequent travelling, apartments would be more viable from security point of view.
There is a way to capitalize on the benefits of both independent homes and apartments and that is to buy a villa in a gated complex or within a township. This way you can get all the privacy you want and the common facilities as well. If it’s a township, you would also get some of the social facilities such as school and hospital within the complex. Though you wouldn’t get the freedom to design your own home, a house within an integrated townships or a gated complex villa is the best way to make the most out of the deal.