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Residential Property Choices For Investment by Realestate india
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Residential Property Choices For Investment |
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Real Estate
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With the boom in Indian real estate sector, the demand for Residential Properties has scaled greater heights. Whether it is for living or renting, investors consider Residential Properties the best for generating capital gains as well as consistent income. Right from flats, apartments, bungalows to villas, homeowners have a wide variety of property options to invest in. So, here is an overview of the residential properties that the investors can find good for their investment endeavors. Multi Floor Units Multi Floor Units are the residential properties with 2-3 individual units constructed upon one another. These units can have a maximum of 4 floors. The ground rights belong to the ground floor owner whereas all the floor owners have a share in the roof area. Apartments High-rise buildings generally comprise of apartments. These individual dwelling units are built floor by floor, where the ground floor is reserved as a parking area. Apartments can be categorized into: - 1-4 BHK Apartments: BHK apartments stand for Bedroom, Hall and Kitchen residential spaces. The size of the hall and number of bedrooms can vary from 1 to 4.
- Studio Apartments: These are generally meant for single working individuals. All they comprise of is a single room, a small kitchen and a washroom.
Duplex Duplex is a residential property that is a single unit but has 2 floors that are connected together within the house through stairs. The first floor generally comprises of hall / drawing room, kitchen and a bedroom, while the first floor may have 2-3 bedrooms. Condominium The purchaser of Condominium property has the rights of ownership of the property. There are also other co-proprietors who use associated amenities such as hallways, parks, garage, basement, etc. The entire community is gated with single houses. Bungalows Bungalows are the lavish units that are built over a sprawling area. Boundary walls define the area of these units. The owner has complete right of the area that falls within the boundaries of his Bungalows. These properties do not fall under any community or society. Farm Houses Farm Houses are the luxurious houses that are built on farm lands. Farm Houses require a huge space and are, therefore, constructed at the outskirts of the city. No approval of any municipal body or set government patterns have to be followed to carry out any construction inside the premises of Farm Houses. To make the right investment choice out of so many, it is advised to deliberated on factors like the area required, budget available as well as pros & cons of each property type.
Related Articles -
Flats & Apartments in India, 2 and 3 BHK Flats for Sale, Buy 4 Bedroom Apartments,
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