Which is the better choice Flat or Villa

Trends in real estate are constantly changing. Earlier, there used to be high demand for individual houses, but now apartment culture has grown significantly. This trend has even extended somewhat to villas. Currently, luxury apartments and villas are competing fiercely as if saying “Who’s better, you or me?” As a result, many people are confused about whether it’s better to buy a villa or an apartment. So, what are the real estate experts saying about this?

There have been revolutionary changes in the construction industry. Starting from the construction of small individual houses, the sector has now reached limitless heights. It has evolved from independent houses to apartments, skyscrapers, and villas. The residential housing market is growing beyond expectations in line with the increasing urban population. In this process, personal preferences and lifestyles play a major role in home buying in the current real estate market. While some people want to live in a peaceful location, others prefer a home in an area that offers all modern conveniences. Sometimes, decisions have to be changed based on needs. However, the unique aspect of Hyderabad is that houses to suit every requirement are available here.

No matter how many thoughts and preferences a buyer has when purchasing a home, ultimately the buyer’s budget decides what can be purchased. Generally, villas in the desired location cost more compared to flats. Even independent houses tend to have higher prices. While maintenance costs are lower in independent houses, flats in apartments and villas tend to have higher maintenance expenses. In gated community apartments and villas, maintenance costs increase further due to amenities like gardening, swimming pools, sports clubs, and clubhouses.

In Hyderabad, large apartment complexes are mostly being built close to the city. Apartments are largely available in areas with well-developed basic infrastructure. Even in suburban areas, the apartment culture has grown significantly. Overall, market experts say that buyers have more options when it comes to selecting flats.

Where there are apartments, schools, hospitals, shopping malls, and all other facilities are available nearby. On the other hand, villas are mostly located in suburban areas. Villa projects are often developed around the Outer Ring Road. Independent houses are also available outside the Inner Ring Road but within the Outer Ring Road. It usually takes some time before all the surrounding amenities become fully accessible.

Apartments are being constructed with sizes ranging from 1,500 square feet to 16,000 square feet, with configurations from double bedrooms up to six bedrooms. No matter how spacious, flats often give a feeling of being cramped. However, they are suitable for small families. For couples where both husband and wife are working and spend most of their time outside, flats are a convenient choice.

Large families and joint families may prefer independent houses or villas. These offer more privacy and freedom for family members. From an investment perspective as well, buying such properties can be beneficial. Villas provide the flexibility to make modifications and customise the home as per one’s preferences. In suburban areas, independent houses and villas are still scattered and unorganised; it will take some more time for these areas to develop fully.

On the other hand, buying villas in prime city locations comes at a very high cost, often running into crores. In Hyderabad, villas in and around the IT corridor and nearby areas are priced between Rs 8 crores to Rs 25 crores. In suburban areas, villa prices range from Rs 2 crores to Rs 6 crores.

Apartment prices have not come down either. In luxury high-rise buildings, flat prices range from Rs 1.5 crores to Rs 15 crores depending on the location. Gated community villas and multi-floor apartments with three-tier security systems are available. Experts say both options have their pros and cons.