What is an apartment

What is an apartment?

What Americans call flats, what Brits call flats and popular property types in Bangalore. An apartment is a residential flats area within a building. They are designed to have a large community and provide modern facilities. They also have a good security system that monitors the property 24×7. The owner/manager is generally responsible for the maintenance and upkeep of the property. Khan.

1. Services:

The apartment comes with minimal maintenance. Most apartments have an in-house maintenance team to fix a leaking faucet or broken door. It was a poor life, with workers filling buckets, mowing the garden, and other tasks.

However, in an independent house, the owner has to go through the trouble of finding a plumber or carpenter, or even take it upon himself to manicure the lawn.

2. Features:

The apartments are equipped with various facilities such as swimming pool, gym, club house and a special playground for children. These features make living in an apartment very comfortable compared to an independent house.

Although some of these facilities can be used to build private homes, the financial impact is significant.

3. Security:

All entrances and exits are monitored by 24×7 CCTV cameras and have security guards. Therefore, new residential apartment is suitable for couples whose children return to school earlier than parents, parents or those who live alone. In fact, the proximity of neighbors in the apartment has a good advantage.

In addition, the apartment is equipped with a fire extinguisher to ensure safety. Private homes do not provide these security measures.

In a detached house, the owner can install CCTV cameras or burglar alarms to monitor the property, which is an additional cost.

4. Finance:

The bank approves the loan for the inspected apartment. Builders usually tie up with banks to make the process easier.

However, for independent property, the bank does a thorough inspection before granting the loan, which is a time-consuming process. Often, buyers lose property due to delays due to lengthy approval processes.

5. Investment:

First time home buyers can invest in flats with confidence after doing basic research about builders and their projects. With everything available at the click of a button, first-time buyers can read reviews of existing properties to get an idea of ​​the quality of the apartment.

However, detached houses are vulnerable to title disputes, which can sometimes only be resolved through the courts.

6. Social life:

While independent homes with neighbors still bring a sense of close community, apartment complexes foster better social skills. Community gatherings, festivals and parties in the apartment club or garden area bring people together and inspire them to live in harmony.