flats vs house what is the best investment?

When it comes to housing, there are two major categories. People who prefer to live independently and people who prefer to live with convenience. It is often considered that living in an individual house is more independent than living in a flat which is not entirely true. Owning an independent house gives you the freedom of developing it as per your needs which is not possible in flats but the Independence can't be measured by this only. In either case, you have to live inside the walls only. That's why it doesn't really matter whether you choose a flat or an individual house if it fulfills your needs. When we look in the perspective of investment, flats are good to return for investment as compared to individual homes. They are comparatively cheaper than individual houses and selling them is easier due to easy finance options and less overhead cost. You will find a lot of flats for sale in Mumbai that can match the investment requirements of a wider population as compared to an individual house.

Here's a list of few factors to decide which is a better investment, a flat or a house

Size can be a big issue when it comes to the apartment as the area is limited in flats. But when it comes to the location, flats are ideal because you can find affordable flats at prime locations which are not possible in case of purchasing an individual house. Numerous flats for sale in Byculla Mumbai overcomes this size constraint also and you will always have the extra room for your furniture and stuff.

If you don't like to be interrupted by neighbors and the traffic noises outside, then flats are the best option for you. You can't control these factors in an individual house. There are a lot of flats for sale in Byculla Mumbai where you can maintain your privacy without compromising on space and convenience.

The security of apartment buildings is far better than individual houses because it is covered in the monthly maintenance fee only that is shared by all of the flat owners. Trying to do the same on an individual house will cost a lot of money.

These are three major factors of choosing a flat over an apartment. Flats require greater maintenance cost and the returns on investment is secure and comparatively better from the individual house. If you are willing to know the 5 simple ways by which you can invest in real estate then Click Here