Apartment Living: Should You Buy An Upstairs or Downstairs Flat?

When you go for buying a residential property, what do you want? A good location for your nest! Then comes the choice to stay grounded or go up seeking a higher floor. Living upstairs and downstairs both have their pros and cons. In a city like Mumbai, all you can think of is going up because the city can only grow upwards with its skyscrapers. However, in a place like Delhi, people prefer the ground floor than climbing a flight of stairs to reach their apartment. Apartment Living Should You Buy An Upstairs or Downstairs Flat

Each individual has a different concept and with all the new construction it is the view that matters. One also has to consider the financial benefits of being higher up or lower down. Higher apartments are more attractive and lucrative from investors’ and owners’ point of view. Even tenants prefer higher apartments.Ground floor apartments come with that little extra garden area. If you have ageing seniors in your family, easily accessible downstairs apartments would be good. Secondly, a ground floor apartment offers more privacy. Even if you have noisy kids who keep running around the house all the time, there is nobody living beneath your floor to complain about it. On the other hand, living upstairs offers you a good view if you live in a suburb or seaside. Besides, you have more security, good lighting and ventilation. [Read more…]