By Runwal Group Posted Aug 24, 2018 In Residential properties
Buying a home is a major financial decision, which is why it is important to weigh in on the advantages and disadvantages on the types of investment that you can make. Large developments or townships and standalone houses both offer a range of advantages and disadvantages, and every homebuyer must begin the process of making a choice by creating a list of requirements and preferences.
Here are some counts on which you can measure your choices:
1. Location: A large development or township is often easily accessible both in terms of visibility and connectivity. A home at a large development is easier to locate and is well connected to roads, public transport options, schools, hospitals, shopping malls and retail outlets. A standalone house, on the other hand, may or may not offer this kind of visibility and connectivity—it is entirely at the discretion of the location.
2. Amenities: A standalone house will not typically offer you a range of amenities like a swimming pool, parking space, fitness club, jogging/walking track, landscaped gardens, children’s play area, community hall, clubhouse, etc. At a large development, you are likely to have access to all these amenities and much more. Homes at large developments are also equipped with safety amenities like firefighting systems and security cameras.
3. Cost and conveniences: A home at a large development can prove to be economically viable, as you have guaranteed access to regular water supply, uninterrupted power supply, and access to a range of world-class amenities that are available at a shared cost. In a standalone house, you will have to bear the expenses for all the facilities that you opt for. The responsibility of the maintenance and upkeep of the independent home will also be entirely yours, whereas large developments are responsible for all kinds of maintenance services.
4. Exclusivity: A standalone house can offer a better experience of exclusivity and privacy. However, well-designed flats or apartments in large developments can match up pretty well on this count. On the other hand, the exclusivity offered by an independent home often comes at the cost of restricted spaces and amenities, and compromised security.
5. Security: A home is a large development is safe and secure in many ways. From a gated complex to intercom systems and security cameras, you can be assured of round-the-clock surveillance. This may not be the case with independent homes that lack multi-layered security systems.
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