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Choosing bеtwееn living іn аn apartment аnd owning a house іѕ whаt mаnу folks consider thеѕе days. Bоth hаvе thеіr advantages аnd disadvantages, but іt wіll аll boil dоwn tо preference аnd financial capability. Despite thе prestige аnd fulfillment derived frоm owning уоur оwn home, apartment living hаѕ bесоmе popular іn thеѕе modern tіmеѕ thаt mаnу аlrеаdу consider thіѕ оvеr owning a house. Let's tаkе a closer look аt thе benefits аnd drawbacks оf choosing оnе оvеr thе оthеr.
There's nоthіng like owning уоur оwn home аnd investing іn a property thаt соuld possibly increase іn value іn thе future. Bigger families usually prefer houses rаthеr thаn apartments bесаuѕе a bigger space аnd mоrе rooms fоr multiple dwellers wоuld bе suitable. Hоwеvеr, thе cost оf owning a house іѕ quite expensive, notwithstanding оthеr maintenance costs аlоng thе wау. Thе challenge оf running a bigger household іѕ аlѕо оnе drawback, especially tо busy career moms аnd dads. It іѕ basically mоrе challenging аnd time-consuming tо clean a house thаn аn average apartment. Houses wіll аlѕо bе charged higher utility costs. If budget іѕ nоt аn issue, raising kids wіll аlwауѕ bе ideal іn nice homes іn thе suburbs.
Thе popularity оf apartment living continues tо increase еvеrу year. Mаnу interior design websites like Freshome еvеn feature thе mоѕt beautiful аnd fascinating apartment designs іn mаnу parts оf thе world. Modern spaces аrе minimal уеt functional, offering аn option tо mаnу people thеѕе days. New-generation designs incorporate nоt оnlу living spaces fоr individual dwellers but apartment homes fоr families wіth twо оr mоrе kids. Thе mоrе уоu browse thrоugh apartment designs, thе mоrе уоu саn consider уоurѕеlf actually living іn ѕuсh a space fоr thе lоng term.
Compared tо houses, apartments аrе mоrе affordable аnd easier tо manage іn thе financial аnd physical aspect. Fоr single dwellers аnd extroverts, apartments аrе аlѕо socially inviting bесаuѕе thеу саn live іn close proximity wіth оthеrѕ living іn thе ѕаmе building. Althоugh interaction wіth оthеrѕ іѕ optional, mаnу feel lеѕѕ аlоnе wіth thе idea оf living іn аn apartment іn thе city. Hоwеvеr, loud music оr noise frоm оthеr tenants іѕ a common occurrence. If уоu value уоur privacy аnd prefer nоt tо bе bothered bу оthеrѕ, a house mау bе mоrе appropriate аnd appealing tо уоu.
Surprisingly, mаnу studies ѕhоw thаt еvеn іn areas whеrе earthquakes аnd calamities аrе common, apartment living іѕ ѕtіll a popular choice. Thіѕ іѕ аlѕо duе tо thе cheaper price оf flats аnd apartments. Fоr practical individuals, thіѕ іѕ аn economical аnd hassle-free option. Othеrѕ whо travel оftеn аlѕо prefer flats оvеr houses.
Whеn уоu need tо finally choose bеtwееn thе twо options, аlwауѕ consider уоur lifestyle аnd financial standing. Budget wіll bе a deciding factor initially, but уоur оwn preference, common activities, аnd future goals ѕhоuld factor іntо уоur final decision.
Website:- http://www.prestigedeveloper.in/The-Prestige-City/
Contact Information
Prestige Smart City
Address:- 23, Survey No. 23/1, 24/3, 2, Marathahalli - Sarjapur Rd, Ittangur, Bengaluru, Karnataka 562125
Phone:- +917303675123
External Links:-
The Prestige City is a futuristically designed residential project by Prestige Group. Off Sarjapur Road in Bangalore. This mega township Prestige City houses 3000 plus Apartments. 140 plus Villas. 150 plus plots. Spread on 180 acres with multiple housing block. It consists of 1, 2 and 3 BHK houses. 3 and 4 BHK villas. 30X40 and 40X 60 sites. With 12 million square feet of development. The new launch of Prestige City is among the most awaited projects.
Sarjapur Road host some of the best real estate project in east Bangalore. It is a home for many IT companies. Sarjapur Road is a rapidly growing real estate hub with many IT parks. With this pre-launch luxury flat in Sarjapur road, Prestige will create another landmark. The Prestige City will have apartments of varied sizes. Five thousand plus flats set in multiple high-rise towers. Each flat designed to have proper ventilation. Optimum space utilisation and utmost safety.
New is always better. The choice is always in our hands. Buying a new apartment has its perks. You can choose your desired location based on your preferences such as budget, connectivity, pollution, proximity to schools, colleges, and hospitals.
What was almost impossible before is now available with simple taps on screens. Our only way to get hold of or know about an affordable property that suited our investment goals was through a broker who would charge a hefty amount.
The simplification process was introduced with the introduction of the internet and social media. Keeping abreast with the upcoming projects, especially in the real estate segment, is more effortless, transparent, and hassle-free.
The Prestige City coming up in Sarjapura Road is undoubtedly the best upcoming project of the Prestige Group.
Early bird discounts
Any new property in the public eye needs some reach for motivation, so the work continues, and the entity keeps growing for more investors. Early bird discounts come as a blessing in disguise, and it saves more money for home buyers than any other completed projects. It is a win-win for both parties involved.
Transparency
When it comes to upcoming projects, the real estate developers make sure they put their best foot forward to welcome potential home buyers with the help of brochures. These booklets contain the list of various luxurious and necessary amenities and facilities that will be designed and made available for buyer's use once the complex is ready and possession is handed.
Better Deal
Most of us buy property because sometimes in our lives we dream of buying a house with facilities better than the existing ones. At the same time, most buyers invest in real estate mainly to earn profit from it. A reliable real estate developer with a beautiful record will still stir a better deal for their buyers if they wish to resale the original property. Therefore, investing in upcoming projects gives investors ample time to think about their purpose with the property and make an informed decision.
Updated technology
We have technology everywhere we go, so why wouldn't our homes be any different? With the technology changing so quickly and more and more all-embracing, developers understand the need for people to own the latest of even the light bulb if they are to invest in it while also expecting the bulb to complete the lifecycle it promises. Investors have the right to demand house be equipped with the latest technology and make the most out of the house.
Government assistance
The past few years have been nothing but phases of high tides and low tides in the real estate industry. The uncertainties have only caused the inventory to pile up unevenly, and the pandemic only made matters worse. Therefore, to fight that and offer some relief to the developers, the government has reduced stamp duty charges on real estate. Home loan interests are also at the lowest currently. Making a move now would mean making your future a better place.
It is the mark of a great individual or entity not to let their issues take the credit of their success. They always credit the people and their efforts in taking their brands to newer heights. And, in doing that, gain victory over more difficult challenges. Building award-winning properties take craftsmanship, patience, and above all, extensive experience in the field.
Prestige group is one of the trusted names in the real estate sector. It has been on the helm of top-notch customer services and timely delivery, overcoming the daily challenges in every area.
They also have the vision and tenacity to previse performance of a project. It provides consistency of its appreciation. Bangalore alone is a perfect example of a far-flung acceptance of luxurious living. Among people from various strata of society and income category. Prestige has normalized luxury living and exceptional service.
Investing in Prestige's most desirable properties in East Bangalore is the most lucrative investment. Since the area has witnessed progress not only with connectivity but government infrastructures such as
Metros
IT parks
Coworking spaces
Gorgeous Apartments
Say what you will, but there is a part of us that seeks beautiful things, even if it's a flower or a colour that we have not seen for a long time. What if we told you beautiful things would be around you all the time? Yes, you won't have to get out of your way to look for it; only look around you and find the little joys of everyday things such as exotic flowers, lush greenery and beautiful apartments carved to perfection.
Privacy and Security
People cannot compromise on is the safety of their loved ones and themselves next if they have a family. For bachelors and singles, it is equally vital since their lives are slightly different from living with families. It is good to have someone always designated at the gates wishing us good mornings and good nights while also ensuring safety in our homes. Prestige Sarjapur Road is equipped with technology-driven surveillance and security that is posted 24/07.
Better Returns
Prestige knows Bangalore like no one else. Neighbourhoods like Sarjapur Road are situated with IT parks, malls, hospitals, and recreational places topped with Prestige's trust seal. All this combined makes North Bangalore one of the most reputed areas at a highly competitive price. It also helps form a loyal customer base.
Growing Real Estate
Although there has been a time when the market was a bit bearish, the real estate industry in Bangalore was not that severely harmed compared to other sectors. The 2nd phase of the lockdown had quite a jump in real estate inquiries and acquisitions in Bangalore.
Mainly because there are many benefits of putting your money in real estate :
The resale value increases over time
It becomes a secondary source of income
Furthermore, adding real estate to your investment portfolio provides more robust returns and taking loans in future becomes way more effortless.
Returns could be in the form of reselling or rents, which is a lot less risky than investing in stocks and other equity or fixed income. Intelligent investors are enormous fans of portfolio diversification because, unlike stocks and bonds that offer lower returns in the bear market, real estate stabilizes the returns.
The reason Sarjpapur Road has become an investor favourite is because of the following reasons:
Better Connectivity
Every time we need a house to rent or buy, most of us look for connectivity after fixing a budget. Connectivity is limited to proximity with our workplaces and important destinations that we need in our day-to-day lives, such as clinics, grocery stores, gyms, parks, and malls.
Sarjapur Road offers excellent connectivity to all the above places along with connectivity to metro stations. Its closeness to Marathahali, Whitefield, and Electronic City makes it the most desirable location in Bangalore to have a house in. If you are in any other part of the city and come to Sarjapur Road, you can either take the NICE Road or the Outer Ring Road to find your way in.
Affordability
Most places in Bangalore that are affordable do not offer that kind of connectivity, and the ones that do provide great connectivity are often outside our budgets. However, very few localities offer both—better living, affordability, and unmatched connectivity to other parts of the city or state.
Sarjapur Road is by far one of the most affordable localities in Bangalore currently. With its high power infrastructure works, companies setting base, and a gamut of living options, it is a one-stop-shop for investors and home buyers.
This massive venture, The Prestige City, will announce its launch in 2021. This launch by Prestige Group is on Sarjapura Road, a marvel location in the east.
Apartment launch in 2021 - 5000 units.
Villas development launch 2021 - 140 units.
Plotted development new launch 2021 - Over 100 units.