Which is a better option for investment? Luxury flats or villas..!!

With the increased economic status, everyone wants to lead a luxurious lifestyle, and a well-designed comfortable home is essential for this. As the real estate market is growing immensely, today's buyers get a lot of options to choose from. And, among so many options, they feel confused about buying a flat or villa. Well, we all wish for a grand villa in a great location in the city. But more often, sky rocketing prices of independent homes in home buyers to look for more cost-effective options i.e. luxurious flats. Yet another group of people, especially young couples and retirees, consider luxury residential apartments as more convenient and safer accommodation. There are pros and cons to either option. So, analyze the major factors that should be considered in this regard.

1) Facilities that come along

An apartment property comes with many additional features, such as parking space, power back-up, security guards, and fire protection mechanisms. On the other hand, to enjoy all these facilities in an independent villa, you will have to spend an additional amount. While living in an apartment, all these facilities come at a low maintenance fee. Thus, many people prefer to buy a luxury flat instead of an independent villa.

2) Maintenance costs                        

Repair and maintenance is a never ending process that begins the moment you live in your new home. The cost of maintaining an independent house can be much higher than that of a flat. When you buy a flat, most maintenance is taken care of by the apartment welfare association. Thus, you do not have to try for repair and maintenance. The couple advances a large number of home buyers to take a luxury flat above a grand villa.

 

3) Mortgage

Although millennial are not afraid to be themselves for years, taking a large loan can have many adverse effects. Remember the money you are paying because the interest on your loan can be used in many ways. Therefore, avoid taking unnecessary amount of home loan. In this regard, we suggest that you opt for a more affordable option, i.e., luxury flats rather than buying a grand villa.

4) Location

When deciding between a villa and a flat, location is an important factor. Generally, villas are built in a suburban location. On the other hand, apartments are usually located in a central location. If you are living a comfortable life with all the amenities in the surrounding area, make sure that you purchase a property which is located in the central business district.

5) Freedom of adaptation

If you are someone whose choice continues to evolve over time, it is better to buy a villa instead of a flat. Independent homes provide freedom of modification with interiors and exteriors. You can easily customize it according to your taste, vision or style trends. But when it comes to apartments, exercising that degree of freedom becomes a bit more challenging. It is difficult to renovate or expand an apartment whereas, with a villa, it is quite straightforward. But changing the interiors of an apartment is in your hands. In addition, most interior designers have a plan ready for the interiors of a luxury flat, which means remodeling for any major interior design, so you don't have to wait for months.

6) In context of investment

Currently, any real estate property can be great for investment. Villas and flats both provide healthy options for passive and active income generation. But flats offer a better option to rent or lease for a longer period due to their high demand. Conversely, renting a villa is difficult because it is difficult to maintain. Also, for renters, it is difficult to afford the additional amount spent on security.

When it comes to reselling, flats can be sold more quickly. Conversely, to sell a villa, you may have to wait for years.

Both apartments and villas have their fair share of advantages and disadvantages. But if you prefer a classy lifestyle in an entire social setting, then flats is a better option. Additional amenities that come with a flat are one of the major reasons for preferring it over a villa. Also, it requires low maintenance costs. Also, from an investment point of view, it is a better option as it can be rented and sold easily.

Surprising truth about villas you may not have known before...!

Villas were originally houses that belonged to the upper echelons of Rome. In ancient times, they belonged to the kings and nobles of Rome. These houses were designed to provide all the creature comforts to the inhabitants. After the fall of the Roman Republic, the royal villa was reused as a monastery. During the middle Ages, villas were large country houses, consisting of vast farms all around. Over time, villas became the first choice worldwide and their designs evolved greatly. In modern practice, villas can be referred to different types of homes, but the basic concept is still the same, namely, well-designed independent houses with open spaces at all locations. Unlike their traditional counterparts, modern villas do away with intricate designs, high ceilings and broad columns, but luxury is still the major focus.

Whereas a few years ago, most house buyers preferred to buy flats due to low capital investment and high security, today people's choice has changed. Now, they prefer to buy villas as they are a good option for exclusive, spacious and long term investment. But many people still feel doubtful about buying a villa because they take into account many misconceptions. In this blog, we have discussed some great truths about villas.

1. Reasonable

While we often think that a villa is a highly expensive option, it is not. You can buy an affordable villa in a suburban location and it will cost you approximately the same amount that would be required to buy a 3BHK apartment in the city center. The best thing is that the former option is much better because it will become the property of your family. But ownership of an apartment only lasts for 60 to 100 years.

2. More amenities than apartments

Many of us think that staying in a villa is not a good option because unlike apartments, one does not get all the community services like clubhouse, swimming pool, yoga center and gym. But if you like all these benefits, you can buy a villa in an integrated township project or gated community. The best thing is that it will cost less than an independent standalone villa.

3. You can enjoy living a community

While many feel that apartments provide an opportunity to socialize more, the fact is that as many people are living in the same building, people feel claustrophobic and tend to live more isolated. Conversely, by staying in a villa, you get to socialize with limited families, but they are of a similar class. Therefore, there is more scope for a healthy relationship.

4. Enjoy the lifestyle of your dreams

When you buy a villa, you get space for everything from terraced gardens to your king-size bedroom, gym. It comes with the freedom to design and redesign your space as you wish. In addition, you can upgrade it according to the needs of the developed family. Also, you don't need to get society's permission for petty things like petting an animal and parking your friend's car.

5. Complete Privacy

Staying in the villa comes with complete privacy. You don't have to worry about the neighbor listening to all your family conversations from next door. Also, when you are in a destructive mood, you do not need to confront a troubled person. And, in addition to all this, you can give wings to your hobbies such as playing music and dancing without fear of disturbing your neighbors.

Luxury villas are a great way to ensure that you have the space to live the life of your choice. A luxury holiday villa is a great way to enjoy private life while escaping the bustle of the city. At the same time, it provides an opportunity to socialize with your limited neighbors. When you live in a villa, it appears that there is endless variety of things.

Why luxury houses are eye catching and why everyone is looking for dream house?

In today's era, we all know what is in the economic situation and other real estate market, yet there will always be people who are not satisfied with any kind of house. As a result, demand for luxury homes in India may rise and fall - but it does not go away completely.

It is driven by a rising standard of living and rising disposable income among successful entrepreneurs, high-flying corporate executives and software professionals, and by a rich score of traditionally wealthy families. They are not satisfied with only four walls, gardens, club house, gym and a parking slot. People are demanding luxurious lifestyles with high facilities.

Indian luxury home buyers have sound reasons why they want homes to be at a premium rather than 'normal' homes, here are some reasons we're trying to put them in front of everyone.

Level of affluence

Buying a luxury home is a matter of prestige - and why not? After all, most luxury home owners have bought their pride and enjoyment with hard-earned money. They want to live in homes that announce their arrival, and offer a higher lifestyle rather than just a mailing address.

Comfort

Today's luxury homes offer all the latest in modern amenities - and an ideal environment for a happy family to live and live. These houses are built to take care of the needs of a comfortable lifestyle. Facilities such as swimming pool, themed, landscape garden, club house, gym, meditation center, manicure lawn, electronic security, touch-button responsive fixtures, and entertainment and shopping all contribute towards making the available experience comfortable and enjoyable.

Security/protection

An important feature of luxury homes is that they have a very high security system in terms of the security gates and security gates of the apartments. They have top security in terms of trained security personnel and security installations that guarantee security. In addition, accidents and medical emergencies can receive immediate attention, because of the immediate response initiated by technology, and the availability of hospitals and emergency rooms at the door only.

High tech applications

Technology and IT innovations have come a long way to make the experience of living in high-end luxury homes exceptional. From solar generators to remote controlled window shutters, everything is directed towards meeting the demands of house buyers in search of an ultra-modern lifestyle.

Neighborhood / Local vicinity

The benefit of housing a family in a luxury apartment does not extend to mere suitability. Luxury housing projects are also seen as the perfect environment for children to grow up and adults to socialize. Ultimately, such projects basically create a society with a certain culture, education and beliefs - in short, a better local environment & surroundings.

Asset value

Real estate and gold are the most traditional forms of money investment in India. However, properties offer the advantage of being an asset that increases in value in every instance - and is also a 'performing asset', meaning that it would serve a practical purpose even if there was a gain in value is given the fact that the demand for luxury homes is always on the secondary market as well.

SuGanta.com is India’s most popular real estate website. We charge you 0% brokerage on new properties purchased by us. We provide a dedicated customer relations manager for you when you select an assistant buyer. All of our managers are real estate specialists who will take your unique preferences into consideration and only shortlist homes that perfectly match your needs. So you can be sure that our experts will find your dream home.