Populations in urban areas prefer to live an independent life with no interference from anybody. Youth and especially the working class prefer to have their freedom and peace of mind after they come back from office, whether they work in night shifts or day shifts. The concept of apartment has evolved and thrived for the fact that people wish to spend time in place free from congestion, a place that relieves them off the stress of their normal life, whether school, college, b-school or office.
Those who are working and are living with families prefer an apartment with all possible facilities available. These facilities could be parking space, swimming pool, 24*7 electricity supply, 24*7 water supply, security systems and guards, garden, mini restaurant, café, etc, since such investment are usually made for a long term. Keeping all the above mentioned points aside, the most important one remains cost effectiveness. People usually have a budget planned in their minds before opting for an apartment. Not too large apartment are more in demand these days as no one has the time to clean a big house and it also saves energy spent on cleaning and moving around form one cabinet to another.
Last point seems to be too much in vogue these. Ready-to-move-in apartment is in great demand as people from different regions move to some areas for education, jobs and similar reasons and they do not want to invest money in furniture and other things, therefore, they prefer such apartments where they can move in with their bag and move out any time as when required.Having seen the rosy side of the picture, let us evaluate the other side of the coin, the disadvantages of an apartment.Having a dream to rent or own an apartment is easy but to convert the dream into realty incorporates a lot of precautions and raises number of concerns.so it is good time to invest on Property in Delhi-NCR now.
Residing in an apartment in a society means you have to abide by the rules and regulations of the society management. You cannot play loud music. You might not be allowed to keep a pet in your house. You might be prohibited from planting. Some societies even prohibit entry of even residents late night. When you are sharing the same roof with your neighbors you have to make lot compromises in order to accommodate everyone’s preference in a society.
Residing in an apartment puts an end to your social life. These days people are hardly aware of who their neighbor are. Some people are of the opinion that we do not have the time to socialize with our neighbors at all. Rest say that it’s very difficult to ask for help in times of need as one’s even aware of the person who next door.Another very important fact that comes to mind is that the cost of maintainence and services charges for apartments is too high these days. Individual do expect a luxurious life but one can do away with it when it comes to over budget expenses. But the society maintenance cost and service charges are fixed and unavoidable.
The most important point form an investor’s point of view is that the valve of an apartment in long term is lesser than that of buying a house. Apartment’s value might decrease or remain the same with time but the land value is deemed to go higher and higher, with the support extended by the union government.Having discussed the pros and cons of an apartment, let us now have an insight into the prerequisites of an apartment.
Those who are working and are living with families prefer an apartment with all possible facilities available. These facilities could be parking space, swimming pool, 24*7 electricity supply, 24*7 water supply, security systems and guards, garden, mini restaurant, café, etc, since such investment are usually made for a long term. Keeping all the above mentioned points aside, the most important one remains cost effectiveness. People usually have a budget planned in their minds before opting for an apartment. Not too large apartment are more in demand these days as no one has the time to clean a big house and it also saves energy spent on cleaning and moving around form one cabinet to another.
Last point seems to be too much in vogue these. Ready-to-move-in apartment is in great demand as people from different regions move to some areas for education, jobs and similar reasons and they do not want to invest money in furniture and other things, therefore, they prefer such apartments where they can move in with their bag and move out any time as when required.Having seen the rosy side of the picture, let us evaluate the other side of the coin, the disadvantages of an apartment.Having a dream to rent or own an apartment is easy but to convert the dream into realty incorporates a lot of precautions and raises number of concerns.so it is good time to invest on Property in Delhi-NCR now.
Residing in an apartment in a society means you have to abide by the rules and regulations of the society management. You cannot play loud music. You might not be allowed to keep a pet in your house. You might be prohibited from planting. Some societies even prohibit entry of even residents late night. When you are sharing the same roof with your neighbors you have to make lot compromises in order to accommodate everyone’s preference in a society.
Residing in an apartment puts an end to your social life. These days people are hardly aware of who their neighbor are. Some people are of the opinion that we do not have the time to socialize with our neighbors at all. Rest say that it’s very difficult to ask for help in times of need as one’s even aware of the person who next door.Another very important fact that comes to mind is that the cost of maintainence and services charges for apartments is too high these days. Individual do expect a luxurious life but one can do away with it when it comes to over budget expenses. But the society maintenance cost and service charges are fixed and unavoidable.
The most important point form an investor’s point of view is that the valve of an apartment in long term is lesser than that of buying a house. Apartment’s value might decrease or remain the same with time but the land value is deemed to go higher and higher, with the support extended by the union government.Having discussed the pros and cons of an apartment, let us now have an insight into the prerequisites of an apartment.
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