An Apartment or an Independent Home: What’s Your Preference?

Home is where the heart is, goes the saying. 

But what does the heart want? If you have always dreamt of owning the perfect home, or if you’re purchasing a residential property as an investment, one of the first decisions you will be faced with is choosing between an apartment and an independent house. Azmal Zaheer Khan, a leading architect of Kothari Associates says, "As far as an independent house is concerned,it can be rebuilt to suit changing tastes and requirements, at any point of time," It can also be expanded horizontally if space permits, or vertically, by adding more floors- certainly a big reason why many buyers favor houses.

Independent houses give the impression of privacy and freedom, and offer the advantage of space for gardening or keeping pets. But the adage that good fences make good neighbors is getting re-written with more and more buyers preferring to buy or rent apartments. The real estate boom and rocketing construction costs are making it near impossible for an average individual to build a new house. But in addition to this, modern apartments come with a host of facilities and privileges, like round-the-clock security, that add value to your investment. You have water and electricity 24x7, and you will be able to enjoy all ultra modern amenities under one single roof .