Apartment vs Villa – What is a better living option?
If you’re in the process of choosing between a villa and a flat in an apartment complex, here are a few things to keep in mind to help you make a good estate investment. In all likelihood, buying a house, be it for living or as an investment, will be one of life’s biggest decisions, which is why it is all the more important that you choose the right property.
Apartments vs Villas: Basic differences
Apartment projects generally consist of high-rise structures, offering living spaces in varying configurations. Villas are luxury independent residences. For the same reason, there is a wide difference in the pricing of these two residential options: a villa would often cost much more than a large luxury 4BHK apartment. An apartment-based project allows the developer to construct high-rises, based on the land area allocated to the builder under the city’s building norms. This vertical growth gives builders an option to build high-rises and utilise the full potential of the space. Villa projects, on the other hand, are low-rise constructions and do not usually exceed two floors. If the builder were to develop a villa in a stipulated area, he would probably not be able to construct beyond 2,000-3000 sq ft. The end result would be that the units would be priced in such a way that the builder does not have to incur any loss.
Return on investment from apartments and villas
When it comes to the villa vs. apartment debate, price favours the purchase of a flat in an apartment complex. It is no secret that villas are higher priced compared to apartments – sometimes even costlier than apartments that fall within the high-end luxury category. Villas also trump apartments in terms of maintenance cost as they incur higher maintenance fees as compared to apartments. In case of an independent home or a villa, this can work out to be pretty steep as it involves not just regular everyday maintenance, but also upkeep of the garden and common area. In comparison, apartments and flats for sale appear to be the more practical option in this case as this aspect of everyday management is taken care of by builders/building representatives for a maintenance fee.
Price is one of the most important determining factors that drives a real estate decision. A vast majority of the real estate buyers in India are nuclear families, for whom smaller configurations like that of an apartment is ideal. Owing to its affordability, a budget flat in Trivandrum like Cordial Layam from one of the best builders, Cordial Homes would find takers more easily, irrespective of its location.
Villas in the outskirts or apartments in the city
Location drives the decision too, just as the price does. Another factor to consider when choosing between a villa and an apartment is the location. Villas are often located in quieter, more residential areas, away from the hustle and bustle of the city. They offer more peace and privacy, but they can also be further away from schools, shopping centres, and other amenities.
Apartments in Trivandrum, on the other hand, are usually located in more central areas, with easy access to public transportation and amenities like shops, restaurants, hospitals and schools. They are perfect for people who want to be close to everything the city has to offer. Cordial Layam, one of the latest projects from Cordial Homes is one such apartment building coming up in Sasthamangalam, Trivandrum. Located centrally and with the best of class amenities, Cordial Layam would be a perfect choice for someone who is looking for budget apartments in Trivandrum.
Cordial Layam is in close proximity to pretty much all the historical and modern landmarks of Trivandrum. While the Napier Museum and the Trivandrum Zoo, one of the oldest yet biggest zoos of South India are at a distance of less than 3 kilometres from Cordial Layam, the best hospitals of the city and sports stadiums are available at a radius of less than 2 kilometres. Major schools and colleges that offer world class education are also a stone’s throw away from Cordial Layam making it one of the most centrally located apartments available in the capital city.
Space in your home
One of the most significant differences between villas and apartments is the amount of space they offer. Villas are usually much larger than apartments, and they come with private gardens, balconies, or terraces. Apartments, on the other hand, are more compact and often have shared communal spaces like swimming pools, gyms, or gardens.
If you have a large family or enjoy entertaining guests, a villa might be a better option for you. It provides more living space and outdoor areas for relaxation and socialising. However, if you’re single or have a small family, an apartment might be more practical since it’s easier to maintain and comes with shared amenities that you don’t have to worry about maintaining yourself.
Security is a major concern for many people when it comes to choosing a place to live. Apartments on one hand, often have shared security measures, such as gated entrances, security guards,access control systems and CCTV cameras in common areas. They are as secure as villas, as they are located in gated community complexes. Cordial Layam will have an automatic gate control system for entry and exit, CCTV cameras at the main entrance and in lifts and many other security enhancing features.
Maintenance is another important factor to consider when choosing between a villa and an apartment. Villas require more maintenance and upkeep, especially if they come with a garden or a pool. You will have to take care of the landscaping, cleaning, and maintaining the pool, which can be time-consuming and expensive.
Apartments, on the other hand, are much easier to maintain. You don’t have to worry about landscaping, and the building maintenance is usually taken care of by the property management company. This means that you don’t have to spend time on maintenance and can focus on other priorities instead.
Villa v/s Apartment – Which One Wins?
Living in a flat and a villa are indeed very different, and both have their own unique set of pros and cons. Undoubtedly, Cordial Homes is one of the best house builders in Trivandrum. The builder focuses on building quality homes in Trivandrum. Cordial Homes offer security, community, modern amenities and more. Where villas offer space and freedom to do what you would like, the apartments of Cordial Homes offer positives in terms of access to club facilities like swimming pool, jogging track, gym and party area. In terms of price or location, you will get your money’s worth by investing in either, but balance does tip towards apartments when it comes to easier return on investment and even from a management of
property viewpoint. So hurry, the best flats available for sale in Trivandrum are at Cordial Layam.