The Well-Liked Residential Properties and Their Features

Choosing the right kind of residential property is indeed difficult for all of us. The final selection will depend on our choice and budget. But, when it comes to going for house-hunting, we are presented with a wide variety of residential apartments that often leaves us in confusion. If you are confused or trying to find the perfect home, this article is for you. Here we will talk about several types of residential properties, their pros and cons so that you can know your real estate and make your decision wisely.

Flats

The flat is a self-contained living space and a part of a larger building with several similar units. These housing units are usually available in high-rise and low-rise towers and is the most popular residential property in India.

Advantages

Less Maintenance: You don’t need to worry about working hard for the maintenance of the building. It is taken care of by the landlord or an assigned team of members.

Security: Flats are highly populated, which depreciates the chances of access to intruders getting in and stealing without getting caught. 

Prime location: The developers access the best location to build a flat. It lies close to malls, shops, hospitals, and many more things.

Disadvantages. 

Optimum-size: It usually consists of optimum spaces that can fit a single family.

Less privacy: Most of the Flats lie near the neighbours, which allows them very little privacy.

Bungalows

These types of residential properties are most often a one-storeyed house. It is a detached property, usually with a sloped roof. Bungalows are built from scratch and are one of the prime examples of independent living.

Advantages

Flexibility: You can modify or alter a bungalow’s design according to your wish because you have complete authority over the place. You can easily extend the space by converting it into a multiple storeyed building.

Accessibility: It is ideal for people with reduced mobility. Aged people prefer this type of Residential plots because they don’t have to face the hassle of climbing up and down the stairs.

Privacy: These are detached or semi-detached living spaces covering a large area that allows you to have your privacy.

Disadvantages

Value: As it is a one-storeyed house, the cost per square foot is always way expensive than a two-storeyed house

Security: It is not secure because of its layout type. All its doors are windows that are easily accessible from the ground floor, leaves it vulnerable to thefts.

Duplex

These Residential properties are built on two floors, which may have different entry points connected by stairs. This type of house is generally owned and sold by an individual.

Advantages

Accommodation capacity: The Duplex consists of two floors, and it has spacious rooms. It is an ideal and the most suitable choice for large families to stay in.

Rental returns: It has a great rental market. You can split the Duplex into two sections and offer it for rent to two different families, or you can stay on one floor and offer the other on rent.

Disadvantages

Difficult to Maintain: The maintenance of duplex houses is a burden. Frequent repairs, cleaning, and maintenance may burn a hole in your pocket.

Hindrance in mobility: Older people find it difficult to move up and down the stairs, which does not make it an ideal choice for individuals like them.

Penthouse

Penthouse is located on the topmost floor of an apartment and found in a high-rise building. These types of residential properties contain high-end applications with advanced flooring system and the best amenities. It is considered a symbol of luxury.

Advantages

Location: A Penthouse is located in the heart of the city, which gives it nearby access to malls, theatres, schools, and hospitals. 

View: From the topmost floor, it gives you the best breath-taking view of the city.

Disadvantages 

Price: Penthouses are usually expensive residential plots that you can choose. So, it is not affordable for middle-class families.

Villas

Villas are one levelled private structure with shared walls. These are the types of residential properties that are luxurious counterparts of row houses. These are ideal for individuals who appreciate the community living without sharing their place with others.

Advantages

Amenities: you can avail yourself of several features like swimming pools, community halls, parks, and gyms.

Flexibility: The land and the terrace are both owned by you. So, it can be modified or recreated according to your wish.

Disadvantages

High overall cost: Investing in a villa is quite expensive. On top of that, its maintenance is costly. 

Row Houses

These are single-family homes that are arranged in rows, with a wall between every two of them.

Advantages

Cost: It is less expensive compared to many residential properties, which makes it an ideal choice of the house for middle-income families

Sense of community: You can develop good bonds with your neighbours and can enjoy the benefits of community living.

Disadvantages 

Absence of amenities: It doesn’t come with parking space, halls, or gyms.

We hope that you had a deeper understanding of residential plots after going through this article. You still might be confused about your decision. At PropertyPistol, we are always happy to help. Established in 2012, we are one of the finest real estate developers. If you want to invest in any residential property, PropertyPistol is the industry leader you can trust. We always strive and work hard to deliver the best at an affordable rate, and customer’s satisfaction is our main motto!

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.