Vinayak Realtech

Investing in real estate is one of the wisest decisions ever. At the same time, buying a home is a long-cherished dream for many. At this point, many home buyers get confused about what to buy—a flat vs House.

Well, if you are feeling the same, you are not alone. With an array of options, most home buyers feel lost or confused. To resolve this, one must focus on factors like budget, location, and need.

Are you feeling curious and want to make a decision right here? Well, then, stay tuned with us and keep reading because, in today’s blog, Flat vs House; we will elaborate on the advantages and drawbacks of both options so that you can make an informed decision.

Let’s start!

What are the Factors You Must Consider Before Choosing a Flat vs House?

A flat, also popularly known as an ‘apartment,’ is a compartment of a building that consists of a bedroom, living and dining room, kitchen, and bathroom. It is a home in a building that has many such homes.

On the other hand, a house consists of the same units but it doesn’t get built on shared land. It has its piece of land.

As the definitions are clear, now, is the time to explore the factors you must consider before deciding on a property.

1. Location

Most of the time, the flats or apartments get built in an urban area due to scarcity of land (as it has multiple compartments or homes in a single building, hence, it needs a lower amount of land).

Thus, the homebuyer gets the chance to enjoy every urban facility like top hospitals, famous spots, well-built roads, or proximity of working spaces.

On the other hand, houses need more land, therefore, they tend to be built in remote spaces. Naturally, buyers face a lack of city conveniences in life.

2. Budget

Flats are affordable because the price of the land, construction costs, and other costs get divided between the owners. On the other hand, for a house, you must bear it all. Additionally, you have to pay taxes which causes burnout.

3. Responsibility and Maintenance

Only buying a property is not enough, you must maintain it. From changing the wall colors to taking care of the outer part, it takes a lot to maintain a property accurately.

When you buy a flat, the cost gets divided and imposes a lesser burden. In the same way, the responsibility also gets distributed. Most apartments have dedicated managing committees for this and owners don’t need to waste time.

However, for a house, you never get these facilities. In a house, you have to take care of it all and spend it all. It causes a significant burden on an individual.

4. Indoor Space

Everyone must consider the carpet area before buying a property ( carpet area is the indoor space, excluded from common spaces like gymnasium or parking space). It controls the quality of life. Additionally, they must consider plans. For example, if you are newly married and looking for an apartment, you must consider a kids’ room or a guest room before finalizing a property.

Typically, a flat has a lower space than a house. However, if you are ready to invest, can buy a 4 or 5 BHK flat. Please note, for this, you must book an under-construction property.

5. Freedom

Freedom is one of the most important things in our lives. We need freedom to live a perfectly happy life.

In a flat, you enjoy a lesser amount of freedom because you can’t change the layout or make a new construction. However, in a house, you can enjoy ample freedom.

6. Amenities

Most flats come with modern and necessary amenities such as security, gyms, pools, and playgrounds. You don’t need to invest separately to enjoy these amenities. However, in a house, it’s the opposite. You will need to build everything single-handedly.

The mentioned factors will help you to understand the kind of property you want. It is solely based on your requirements. Take time and decide it.

Flat vs House: Advantages and Drawbacks of a Flat- 

Flats are in high demand currently and it is because of the life it offers. If you are looking or planning to buy a flat, it is important to have an idea about the pros and cons of a flat.

Flat vs House: The advantages are –

• Flats are affordable. You can get a 2 BHK flat in Rarajrhat from 20 lakhs onwards.
• You can get top security features like 24/7 surveillance, gated communities, and security personnel in an apartment.
• You get a managing committee to take care of the property
• Flats come with top amenities like gyms, swimming pools, parks, and clubhouses
• Provides a feeling of community living while providing privacy
• Due to prime location flats tend to have high resale value

Flat vs House: Drawbacks of a flat-

• There is a lack of freedom in flats
• If you get nosy neighbors, you will fail to get the desired privacy
• Flats have lower space than apartments
• Some apartments have rules like ‘no pet allowed’

Advantages and Drawbacks of a House

There are a lot of people who love to own a house, especially, a house with a piece of land. It gives them a sense of ownership and enough privacy to enjoy. According to market trends, most elderly people or large families love houses. Like every other choice, it also has a set of advantages and drawbacks and they are-

Advantages of a house-

• It provides enough privacy
• You can reconstruct and renovate at any time
• You can increase the number of rooms
• A house has a larger space than a flat
• You bag the ownership of the land

Drawbacks of a house-

• One needs to maintain and take care of it all
• Requires a handsome amount
• Mostly get built-in remote locations
• Lack of security and amenities
• Lack of comfort (until you built)
• No community feeling

A House or A Flat: Which One is Best For You?

Choosing a real estate property is always a crucial decision. It controls the quality of your life and future stability. Thus, proper planning is important.

However, according to experts, if you are a working professional and love to enjoy urban facilities, you must go for a flat. In this case, it is better to have a large flat with ample space. It will ensure that if you expand your family, you will not face any issues.

As the flats get built in urban areas, you will be able to live in a nearby space and will be able to maintain a work-life balance.

On the other hand, if you have a large family and love to enjoy a peaceful and remote life, you can go for a house at any time. Here, please note, that you will require a high amount to buy a house.

Flat vs House: Wrapping Up

 Hopefully, this article has helped you choose an ideal option for yourself. However, if you still need expert advice or, want to choose an ideal property in the middle of the city, you can connect with Vinayak Realtech.

Vinayak Realetch has been serving this industry for decades and has a range of properties in the Rajarhat, New Town area of Kolkata. It is the new IT hub of Kolkata and has top amenities for life.

What are you thinking about? Connect and get your property now!