Do you think of an apartment in Dwarka, Delhi to be the most worthwhile for the money you pay? Are you still confused about whether it is indeed better than an apartment?
Delhi has no shortages of properties, but certain areas are preferred by homeowners and investors alike. Given the kind of locality that Dwarka is, your decision to buy a house here is certainly a good one. But does the choice of an independent house or apartment matter? Or the better question is, how much?
Here are all the answers you’ve been looking for to make a regret-free decision.
Simply put, are you buying the 3 BHK flats near vegas mall, sector 14 Dwarka for residential purposes, or are you willing to rent it out? If it is the latter, then you may want to think twice. Now tenants living in Dwarka don’t face any major issues, however, independent houses are not much preferred by them in general.
With that out of the way, let’s focus on the other purpose that you may have in mind.
For the average family, the importance of a house they own is like no other. And because of that, a lot of thinking goes into buying a home and several considerations are made.
The good news is that all of the thinking you may have put in when choosing an independent property in Dwarka for living is worth it. There are various advantages of such a property, although there are drawbacks too.
And this brings us to all the other factors to consider when you are looking for 3bhk flats in Sector 14 Dwarka or some other popular locality in the area.
An independent house gives you various benefits, although these come at a higher cost than regular apartments. Now while this isn’t a disadvantage of a builder floor property per se, this could be a deciding factor depending on your budget.
An apartment, although comes cheaper initially also has pros and cons of its own. Read on and you’d understand what we are talking about.
Independent houses usually tend to be in secluded areas compared to apartments, and this means the latter offers easier access to amenities. But if you’re considering 3bhk flats in Dwarka which is a well-crowded area, this wouldn’t count. While it is a draw between the two kinds of properties in this instance, one might see major differences in other areas of New Delhi.
When you own a 3bhk flats in Sector 14 dwarka, the responsibility of maintaining it falls upon you. So be it changing a simple ceiling fan, to making major repairs, you’d have to take care of it all. On the other hand, apartment owners especially those in societies need not worry about maintenance as there are personnel for everything. One only has to pay an annual maintenance fee.
However, in more expensive apartments, this cost of maintenance is higher too which kind of dulls their benefit here.
You only own a fraction of the land on which your apartment is built, because of their inherent nature. And independent houses have an edge here as the owner also owns a higher portion of the land, which can be a priority for many.
Because of how they are designed, apartments tend to have higher security. When you are neighbours with those living in adjacent apartments, you don’t have to worry about intruders and such nuisance.
Now it also depends upon the locality, since an independent house in Dwarka has no such issues generally either. And when it comes to privacy, you might already realize that an independent house is better at it. So based on your preferences, you’ll have to make a trade-off between privacy and security.
The average 3 BHK Flat in Dwarka indeed costs higher than the average 3 BHK apartment here. And if the advantages of the latter are suitable for you, then it should be a rather simple decision. Unless you also consider the resale value. Yes, independent properties offer better value when reselling. Especially when you’re doing it after 7 years at least. While thinking about selling your home even before you’ve bought it isn’t wise, such long-term thinking is crucial for anyone serious about their finances.
Buying A Home Is Easy With The Right Real Estate Consultant At Your Side.From helping you choose the best apartment or independent house in Dwarka, to the paperwork and loans, Kamal Associates is glad to be of assistance throughout.Just give us a call, and we will make your home owning process simple.