The real estate revolution in India, which has been spurred by growing individual salaries and easy access to house loans, has resulted in a plethora of new and inventive residential alternatives. Elegant builder floors have emerged as the favored choice among many upwardly mobile Indians because of rising luxury and lifestyle demand. The notion of erecting a three or four-story structure on top of a modest or medium-sized residential property and then selling each of the floors to individual customers is gaining traction in metros and tier-II cities across the country. The builder floors might be created by a well-known builder, a single landowner, or a cooperative venture between the two parties.
Builder floors or Low rise apartments
The advantage of builder floors is that they allow you to possess a self-contained living unit without having to pay the exorbitant prices associated with independent villas or bungalows. Because of the price difference between an independent villa and a builder’s floor, it is a viable alternative for anybody looking for a better lifestyle at a lower cost. You will enjoy the solitude and luxury of having a full floor to yourself, as well as the freedom from paying maintenance fees and other costs that are prevalent in high-rise apartments. The builder floors allow you to pick the location of your home in the city’s more developed neighborhoods.
For purchasers, partnering with independent land or homeowners to create builder floors might be a wonderful deal. Friends or like-minded people have a higher chance of buying all the floors of a building and creating a separate community that will not be bothered by outsiders, as is the case in high-rise structures with a big number of flats. Each level has its own water and power connection, which helps to minimize disagreements or misunderstandings that are prevalent in bigger communities with many households sharing the same floor.
What does a typical High rise apartment looks like?
Typically any building structure with a height higher than 75 feet (23 metres), measured from the ground to the tallest floor. It’s around the size of an eight-story structure. The National Fire Protection Association provides this definition (NFPA). Many high-rise structures of 20, 30, 40, or even 100 floors may now be found! In this article, an 8-story apartment building will be considered a high-rise apartment structure. A low rise is defined as a structure with less than eight storeys.
People often associate high-rise residences with beautiful vistas and lush landscaping. However, the outside perspective is mostly determined by the building’s surroundings. For example, someone residing on the sixth level of a seven-story building may view the park to the east and his neighbor’s building across the street to the north. Similarly, you may have a glimpse of your neighbor’s window from the 25th floor of a Manhattan high rise, which is 50 feet away. The view from the building varies depending on your location.
The key difference
One of the major key differences between both is Amenities. It is a are a big factor in determining which project to go with. There is fierce rivalry among developers today in terms of providing facilities to purchasers. Each developer is attempting to outperform the others by providing the best potential benefits to consumers. They notice higher sales outcomes the more they provide. Because high-rise apartments house more people, they require more funds to maintain the facilities. Top-of-the-line amenities include gyms, swimming pools, multipurpose halls, clubhouses, patio pools, rooftop decks and gardens, laundry, children’s play areas, jogginga and yoga studios, and so on. Luxury residential structures, on the other hand, entail greater upkeep costs.
Dedicated parking is also considered something that people differentiate high rise apartments in gurgaon with low rise apartment. Sometimes the hassle is observed with high rise buildings over parking issue, whereas, there is no such thing with builder floor or low rise apartments as they always offer great facility over dedicated car parking.
Else, both of the apartment choices are great, you can always leverage yourself in investing on a great builder and location because if you do that then the potential property follows itself. If you need consultation on which property to choose from, our real estate agents are always one call away. Give us a call and lets get started on your first dream house search ready.