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Villas vs apartment - a guide to buyers in Chennai
Owning your own home is a huge decision that is not made lightly. You need to do your research on a variety of topics before you can make an informed decision. You need to consider whether you want an apartment or a villa, where you want it to be located, and how much you can afford to spend. There are many other factors to consider, but the most important one is choosing a reputable and experienced builder with a good track record.
What is a Villa?
Villas are the perfect way to experience all the luxury and independence of a private residence while still enjoying all the benefits that come with owning your own land. With plenty of space for large families, villas offer high levels of privacy and easily customizable features to make your home truly unique. And because they’re located in some of the most desirable locations in Chennai, you can be sure that your investment in a villa will only appreciate in value over time.
What is an Apartment?
Apartments are a great option for small families who are searching for an affordable and modern place to live. They offer many benefits, including contemporary looks, state-of-the-art amenities, and increased security. In addition, most apartments come with water and power supply included, so residents don’t have to worry about those bills. Additionally, they require less maintenance than other housing options and are easier to liquidate should the need arise.
According to the first House Listing and Housing Census released by the Director of Census Operations (Tamil Nadu), the number of people that live in their own properties in the Chennai district is over 45% |
Some much-need basic points to know between villas and apartments
- Villas and apartments differ significantly in price. Because villas are standalone residences, developers lose out on the floor space index (FSI), making them more expensive than apartments.
- Additionally, there is a significant difference in the amount that must be paid for general upkeep between villas and apartments.
- Given that an apartment is smaller in size than a villa, its maintenance costs are lower, while villas are higher due to their larger area.
- Villas differ from other types of property in several ways. One key difference is that villas must be built on large plots of land, often unavailable in densely populated areas.
- This means that villa projects are usually located in suburban areas, making them far from public transportation, schools, hospitals, and other shopping hubs.
- There are many reasons why people choose to live in apartments rather than villas. For one, apartments are generally located in cities where there is more to do and see.
- Additionally, because apartments are often located close to other buildings, they tend to offer better rental yields, price appreciation, and return on investment than villas in suburban areas.
- There are several critical differences between villas and apartments, one of which is that villas offer more opportunities for customization to suit the needs of their owners. This is only possible in an apartment where the layout and design are set and can be changed.
Highlights of living in villas
- Ultimate Privacy
Living in a villa has many advantages; the chief among them is privacy. In an age where we are constantly bombarded with information and scrutiny, it’s nice to have a space that is entirely your own.
When you live in a villa, you can enjoy your morning tea on the balcony without worrying about who might see you. You can do your yoga in the terrace garden without concern for who might be watching. And you can have late-night parties with family and friends knowing that there are no shared walls and no one will be disturbed.
In short, villas offer a level of freedom and flexibility that apartments simply cannot match.
- Customisation for peaceful life
Villas offer residents complete freedom to design their living space according to their needs and wishes. In an apartment, you can modify the interiors only in a limited way with a lack of space. But in a villa, you have the freedom to customize your own living space however you want.
Whether you want to dedicate a room for your pets or transform it into an entertainment zone, decorate your corners into a home office desk, or convert one of your bedrooms into a library, you can do it all in a villa.
After a long day at work, the last thing you want is to come home to a noisy and chaotic environment. Wouldn’t it be nice to relax in a peaceful and quiet setting instead? Well, that’s precisely what you’ll get with a villa in a gated community.
- 360-degree freedom
Living in a villa allows you to pursue your passions outside work. You can play music late into the night with soundproof entertainment rooms without worrying about disturbing your neighbours. In addition, villas typically have more space than apartments, so you can invite friends over for parties or gatherings. And finally, you can grow plants and cook the food and beverages you love in your own backyard garden.
- Fool-proofing Investment
There are many reasons to invest in real estate, but two of the most important are to have a peaceful life and a secure future. Buying a villa can provide both of these things and make your life more luxurious. Villas offer more space than apartments, and you will therefore feel more attached to your property. Additionally, while the value of apartments may fluctuate, there is always a high demand for villas.
- Surround yourself with what you require
While some people may prefer the traditional apartment lifestyle, there are many reasons why villas offer a superior living experience. For one, villas are usually surrounded by high-end amenities and facilities, such as beautifully manicured gardens, dedicated recreational spaces, and private parking spaces.
In addition, villas often come with luxury features like private swimming pools, exclusive rooms, and outdoor lounging areas. This means you can use and enjoy these amenities at your convenience – without worrying about monthly maintenance charges. Plus, since amenities in a villa are not shared with other residents, you won’t have to deal with crowds on weekends.
Highlights of living in apartments
- Worry-free living
Apartments usually have a handyman on staff to take care of most problems, and they usually have good relationships with contractors who can handle anything else. So, when you have a clogged sink or any other problem, help is just a phone call away. In fact, the best apartment complexes offer a 24/7 hotline for their tenants.
- Rejuvenation Options
There’s nothing quite like relaxing by the pool on a hot summer day. Whether you’re swimming laps, floating on a raft, or just sitting in the sun, it’s a great way to enjoy the warm weather. Plus, pools are perfect places to socialize with friends and meet new people.
A pool may seem like a fun addition to a house, but it comes with a lot of responsibilities and risks. Upkeep, cleaning, and adding chemicals are all part of maintaining a pool. All these activities are performed by the apartment maintenance team. So, you can enjoy the pool with your kids.
- Communal Living
There are many benefits to living in an apartment complex. For one, you are usually much closer to your neighbors than those who live in houses. This makes it easier to develop relationships and socialize with them. Additionally, your children will likely have more playmates close by and won’t have to travel far for playdates. Lastly, you can easily call on your neighbors for help in an emergency situation.
- 24/7 Surveillance
Most people think that living in a single-family home is the best option. However, apartment communities offer many benefits that make them a better choice. One of these benefits is 24/7 video surveillance coverage. This means that you can always feel safe and secure, knowing that someone is watching out for you.
How to know which one is a better investment - A villa or an Apartment?
- The choice of whether to buy a villa or an apartment depends on the buyer’s preferences and budget. Villas tend to be more expensive than apartments but offer more space and privacy. Apartments are usually located in densely populated areas, which can offer more opportunities for socializing and amenities.
- When considering investing in either a villa or an apartment, weighing each option’s advantages and disadvantages is important.
- Other factors to keep in mind before making a decision include security concerns, access to shared facilities, ease of renting, etc.
- Villas offer more space than apartments but may lack the latter’s sense of community.
- Apartments are often more secure than villas, with better access to shared amenities such as pools or gyms. When it comes to rental potential, apartments are generally easier to let out than villas.
- There is no definitive answer to the debate of whether it is better to live in a villa or an apartment. However, there are ways to make the decision based on what is best for you.
- For example, you could choose a villa in a gated residential complex. This would offer security, facilities, ease of management, and a sense of community, which are all important factors to consider.
- Although you may not get the best price or location with this option, you would be getting your money’s worth by investing in a property that offers the best of both worlds.
On a higher note, both apartments and villas have their own pros. So, if you choose the right option for your needs, then you can enjoy dream living. At Isha Homes, we offer people both villas and apartments to start living in their new homes. For further details about properties in Chennai, get in touch with us.
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