What Will You Choose- Gated community or Standalone building?

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What Will You Choose- Gated community or
Standalone building? March 16, 2018 Real
Estate community or Standalone building,
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website blogs, real estate blogs, real estate
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With the modern centers becoming more chaotic,
the home seekers are turning to the gated
communities. While the projects may give a serene
environment, these do come at the rate. Complexes
or societies have many amenities provided with
it. The burden on the pocket, however, is more as
well. Advantages and disadvantages of gated
communities and standalone buildings Gated
communities These provide a serene and secure
environment for families with the guards and CCTV
cameras. Also, the complexes have backup power,
solar powered heating systems, and treated water
facilities amongst other important amenities.
Well-built communities may also get the
much-needed boost. This basically helps people to
meet like-minded people, by building
interpersonal relationships. The major
disadvantage of the gated community is the price
factor. Facilities like gymnasium, swimming pool,
sports fields, health centers, come at a premium
and adds the living cost. Some of the gated
communities are generally situated away from the
business centers to give a peaceful environment.
Thus, commuting may actually become
difficult. Meticulous security checks in the
gated communities may irritate people who come to
visit the inhabitants. depending on security
type, one has to deal with the keypads, security
cards, security guards and opening or closing of
gates, etc., which actually may delay the free
movement as well as hassle people.
Standalone buildings
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The biggest advantage of the stand-alone
buildings is that these can develop within the
city owing to the smaller land area that is
needed. Also, the standalone project does not
have high maintenance charges. The credentials,
however, of the developers and construction
quality may, of course, be questionable, when it
comes to the standalone buildings. Security is
yet another cause of concern even when there is a
guard. The difference in prices and rentals
between standalone buildings and gated
communities An apartment in a standalone building
is more economical as well as affordable, as
compared to the gated communities as common
facilities and amenities are much smaller or the
non-existent. Property rates in the gated
community tend to be much higher by 10-40 in
comparison to the standalone building is more
especially in terms of the promised and delivery
amenities. When it comes to the rentals, the
tenants who are bachelors have limited financial
resources, preferring standalone buildings. The
standalone buildings are cheaper and located in
the city with well-established infrastructure
such as hospitals, banks, schools, markets, etc.,
nearby. For instance, in the city like Navi
Mumbai, the rentals in areas such as Vashi will
be between Rs 10,000 to Rs 12,000 for 1 BHK in
the standalone building whereas it will cost
somewhat 15,000 to 20,000 in a gated community or
township. Standalone buildings and gated
communities- main differences Facilities
like swimming pool, health centers gymnasiums and
sports field are added advantage which comes at
premium adding to the living cost. A
well-built gated community may have several
commercial complexes to serve the daily
requirements of the inhabitants An apartment
in the standalone building is more affordable and
economical in comparison to the one in the fated
community as the maintenance cost is lower as
well as common facilities are smaller or
non-existent.
Changing Terms of Selling Agreement
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