It is an interesting scenario in the real estate market in Bangalore. Post-Covid Pandemic, people are more interested in staying in places that are not congested and more spread out. The new work from home concept has allowed the employees, especially those in the IT sector to work from home.
As commuting is not a factor, executives opt for standalone homes and villas on the outskirts in serene locations where there is no disturbance. Prices of the properties are also lower on the outskirts leading to the price difference between apartments and Villas almost narrowing down.
For first-time buyers, confusion about buying an apartment or villa in Bangalore is common nowadays.
Here we will weigh the pros and cons of choosing between an apartment and a villa. You must first sort a few things, such as the following
- What is the budget?
- Do you want to move in immediately or wait for a few years?
- Are you looking for a calm and quiet place in a posh area?
- Is safety and commuting your prime concern?
While apartments and villas can satisfy all the above conditions, some more factors can help to fine-tune your choice.
Locality
Bangalore is a cosmopolitan city with one’s plenty of high-rise apartments coming up. They are preferred by expatriates and the young techies who prefer fast city life and a home close to their offices. Demand for apartments is high leading to a space crunch in the heart of the city. This has led to skyrocketing real estate prices, whether it's outright purchases or rentals.
For those who want peaceful surroundings away from the city humdrum, villa plots in North Bangalore can well be a great choice. Villa projects at attractive prices are now available with excellent connectivity. If you are looking for villas, the outskirts of Bangalore are ideal, whereas an apartment can be right in the city center.
Amenities
Villas provide many amenities such as more open and green space, parking and security, and other advantages which an apartment cannot provide. However, they require more effort and expensive maintenance unlike apartments smaller in size, and where the amenities and other maintenance responsivities are jointly taken care of by the apartment society or community.
Maintaining a villa for a working executive can be challenging in today’s busy lives.
Flexibility and Availability
Villas allow one to plan their design, appearance, and other facilities whereas apartments come in readymade design layouts that are rigid and allow little scope for modification. If you want to shift in urgently, apartments are a good choice. If you can wait, Buying a Villa plot in Bangalore and completing the project as per choice is recommended.
Resale value
It is a good idea to buy plots for sale in Bangalore south as land prices appreciate with time. One can build the villa on the land and resale it later if there are no plans to move in. Apartment resale value depends upon the locality where its located.
Conclusion
Finally, your preference for an apartment or villa can be fulfilled without the confusion or hassle if you can take the help of reputable real estate builders such as BlueJay that can offer all options for you to decide better.
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