When it comes  to choose your dream home there were variety of options like whether we can choose  individual house  or apartment .The debate between apartment living  and independent housing has been existing for a long time.When evaluating apartment vs independent house the decision involves understanding various factors like cost,space,amenities, maintenance, community and lifestyle. While an independent house offers spaciousness  and freedom, apartments prioritize convenience  and social aspects. In this blog , let us dive deeper into understanding whether you should be choosing an apartment or an independent house to help you to make a better choice for your future.

What is an apartment?

An apartment is a residential unit in a multistorey building.They are popular because of their modern amenities,enhanced security, low maintenance and convenience.They are visually located in prime urban areas providing easy access to workplaces,schools, colleges, hospitals  and avenues for leisure and entertainment.The terms flat and apartment  are used interchangeably .But Generally,a flat refers to  a residential unit within a larger building and apartment refers to a similar unit in a multistorey  building  where residents can share common facilities like elevators, hallways, parking spaces and recreational spaces.

What is an independent house? 

Independent houses follow traditional forms of living.Here you own the entire property.The terms villa and independent house are used interchangeably. Villas are usually independently   built in unique housing colonies since it opens straightforwardly a road  and doesn’t impart a divider to another house with more amenities  which is more spacious and luxurious  and generally cost more than independent houses. Independent houses are mostly houses that are situated on free plots that can be built everywhere.These type individual houses  providing users  exclusive freedom to customize  it according to their preferences they provide privacy ,customization,space  and better investment value in future.

Pros and Cons of Apartment living:

Pros:

• Needs lower maintenance
• Access to amenities
• Enhanced security
• Ideal for living in urban locations with better accessibility

Cons:

• Limited privacy
• Restricted spaces  and fewer options for personalization
• More rules and regulations  like shouldn’t grow pets
• More social issues like noise,sharing spaces,etc

Pros and Cons of independent house living

Pros

• Greater privacy
• Advantages of house living include customization,personalisation and larger living areas
• More space for families 
• Better investment for a user to get more  potential for asset appreciation over time
• Suitable for larger families who needs quiet environment

Cons

• Higher maintenance costs
• Higher price
• Fewer amenities
• Location might be farther from urban areas.

Factors to consider while choosing apartment and independent house

Amenities:

The apartments usually have a wide range of facilities providing more amenities like clubhouse,swimming pool, gated community and dedicated play area for kids where independent houses are going to receive such amenities  but increase in your budget  for your entire property may have such facilities.

Maintenance and personalization:

In apartments most buildings  have their own maintenance team  so we do not have to worry about maintenance.Whereas an independent house we should customize our building if any issue comes we need to have to do it by ourselves.

Safety

Apartments are considered safe because of security guards,CCTV  cameras, more lifts equipped with emergency buttons and phones. Whereas an independent house may not have such facilities but we can customize it according to our preferences.

Finance

Apartments  can be expensive but cheaper than independent houses.Therefore you  may need  a bank loan to purchase it whereas in  Independent house process of sanctioning a loan may take more time to verify all documents to get approval in loan process.

Investment and ownership

Buying an independent house  will give you  potential  for property assertion for your own. The owner has  complete ownership of the entire property , including land  and building  which is a better investment for the future whereas an apartment  is a part of a large complex  so residents can share the ownership according to allotted areas.

Space and Privacy

Independent houses offer more spaces  compared to apartments  while you   can customize the property according to your preferences.But in apartments they provide less personal space.

Conclusion

When deciding between an apartment or independent house it is essential to consider your lifestyle, financial situation and long term goals.It’s up to  you to choose your needs whether it is convenience,privacy or long term investment.The evaluation of unique elements, benefits , budget  preferences and functionality  will help you choose the right one between apartment and  an independent  house. If you are looking for a better construction company in chennai  to invest in for your dream home, let Lunazo homes, a house construction company in Chennai be your partner and make your dream come true at a reasonable price.