Skyscrapers have not only become a trend in the Indian real estate market but also a need of the hour. With large-scale migration of people to the urban areas, vertical development is the only way to accommodate this burgeoning population. However, not everyone would like to live in the sky-high buildings. Though the apartment lifestyle offers several amenities and facilities, some might not find it an independent style of living. But the independent homes offered in the form of villa projects are way beyond the reach of mid-segment buyers.
If you take a mid-way between the two options, you will find the best choice for yourself- Independent Floors or Builder Floors.
An independent floor is a residential unit, usually in a low-rise building that has few other units distributed across only 3-4 floors. It is built by a real estate development firm sometimes, in collaboration with the landowners. It offers a better lifestyle at reasonable rate than the villa projects that are priced exorbitantly. Each floor is sold separately as one unit and may consist of 2-3 bedrooms, bathrooms and hall. Each unit has its own power and water connection. [Read more…]