Villa or a Gated community? This is one of the common questions we get asked by our audience. There are lots of factors that come into play when one decides to buy a home. We know that buying a home or investing in Real Estate is not an easy task. There’s a huge amount of hard work and thinking that goes into one decision. This is why we encourage our audience to learn as much as they can about Real Estate before investing. In this blog, we are going to point out a few obvious and technical reasons for you to choose between a Villa and a Gated community.
Just to make it clear, Villas are individual houses built on a comparatively smaller area of land than that of a single high-rise apartment. Being so, they come with limitations and advantages too. Let’s go a little further into which one you should invest or live in.
Before we dive into which is better, let us take two different situations for you to look at. First is if you’re looking to buy a home to live in. The other is if you want to invest in it and reap the benefits later. Villas and apartments, both will generate high incomes as the years go by. But, there are definitely a few limitations that you should know before you invest in any of them.
Let’s first know the advantages of apartments. Well, to put it simply, everybody is looking for apartments. There’s a constant demand for more and more apartments as people keep moving into the city. As a city grows, the demand for apartments rises as they can occupy more people than villas or individual houses. There are several other reasons why people specifically look for apartments, such as safety, community values, and more. If you want to know more about these aspects, we’ve written a blog on that too. Click here to read it.
As mentioned above, the reason why you’re looking into a purchase in real estate weighs a lot. To put it in simple terms, both Villas and flats in apartments are good prospects for investment. But, apartments offer great deals when it comes to reselling or maintenance. Also, they are easier to maintain than villas and easier to giveaway for tenancy if needed.
One of the main reasons is that apartments are constructed within the heart of the city. If you take the Kukatpally area, for example, it’s an area that developed in the last 10 years, it has many standalone apartments. That’s because they were in demand those years. Nowadays, areas around Gachibowli are booming. These areas are now filling up with high-rise gated communities. These are close to many workplaces and have a great atmosphere too.
There you have it. Key points on what type of house you should invest in or buy for yourself. We hope this blog clears most of your doubts. If not, please feel free to get in touch with us. We’ll be more than happy to guide you through.