Understanding The Indian Residential System


The Indian real estate industry is mostly surrounded by questions and focus on the residential apartments and it is the most commonly talked about aspect. The old times have witnessed the practice of buying a plot and then building homes but now the Indian society has slowly got used to the new apartment culture. Trends from different property portals and marketplaces show that the real estate buyers now prefer buying an apartment instead of a residential plot. Apartments in India has become the new factor of real estate and many companies are meeting out these growing needs of apartments.

While there are a variety of apartments available in the market, there is no set size or type which goes well with everybody, therefore, before going ahead with the idea of buying an apartment, first look at the following types of apartments.

Housing apartments based on affordability: People nowadays, look for luxurious but affordable homes. They aim at buying a luxury apartment but don’t want to burn a hole in their pockets. These pocket-friendly and nice apartments are constructed by dedicated projects which can vary from location to location. But the one thing which remains constant is the price, such projects are called affordable housing projects. The prices start and vary according to the space, size, and type of the project.

2 or 3 BHK apartments: The 2 or 3 BHK apartments are regular and common apartments which are generally the part of about every residential project. The space and location of such apartments can vary as per builder or the associated project. These regular 2 and 3 BHK apartments also come with a servant room in most luxury or elite projects.

Luxury housing apartments: Luxury housing apartments are the ones which are made for luxury-loving and high-class society people. These apartments are constructed in posh areas and offer luxury at its best. These apartments may be furnished or semi-furnished depending on the price and project. They are usually more spacious and pretty to look at than the regular ones.

These are just a few types of reference but the choice of an apartment should be made depending on your budget and location preference.  

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