Which Residential Format Would Suit You

Are you also in a dilemma with the variety of residential formats available in today’s era? It may get super confusing if you are new to this field and don’t know much about it. Because there are a lot of varieties for residential formats depending upon varied characteristics.

The following excerpt provides you a common list of the best residential formats. These are summaries compiled from the most renowned experts in this field. We understand how confusing it may get and this is our way of making it simpler.

Below we have mentioned how each format would add value to your life and who would act as the perfect buyer for it. When Prosperty Real Estate Chennai is present at all phases, you have nothing to worry about. The different types of residential formats are:

Residential plots

As the name suggests, residential plots are plots that are reserved for constructing residential buildings. Even today, plots are highly in demand. Building your respective house on the plots is an independent activity. Hence the owner takes full responsibility for this.

With appropriate permissions at each level, you can design your own house with the help of an architect. Unlike apartments or homes, the residential plots are delay-proof. Prosperty Real Estate Agents in Chennai can find the right residential plot for you, no matter what.

Apartments

In areas where there is high population density, this format works the best. Therefore, the apartment culture is a huge city trend.

It’s an apartment that comes packaged with lifestyle features such as clubs, sports complexes, entertainment options, and so on. However, do take a good look at the social infrastructure within a 5-10 km radius of your apartment. This includes the following, schools, parks, hospitals, and healthcare facilities. Having Prosperty Real Estate Chennai throughout your journey is truly a treat in itself.

Independent houses

Independent houses are those living formats that are personally customized. They are customized in such a way that it meets the buyer’s requirements. These requirements could dictate in terms of the type of materials, kitchen fittings, kind of walls, bathroom finish, and so on.

Usually, the format is tailored to fit into specific lifestyle requirements of the respective people living. If you also want a lavish outlook or a luxury feel to your home, you can opt for this format of living. Prosperty Real Estate Agents in Chennai can do the needful and send you various options within this too.

Single Floors

A single-floor apartment is one where the builder buys a piece of land and modifies it. Usually, these plots are old ones that are up for redevelopment. These redevelopments happen on each floor as per the permissible Floor Area Ratio (FAR) and building rules. Also, the rules and laws vary from city to city.

You could even consult your local municipal

authority to determine the rates in your city. The important point that makes it different from the others is that it belongs proportionately to all the buyers of the single floors. For further assistance, you can always contact Prosperty Real Estate Chennai.

Multi-storey flats

In simple terms, a multi-storey apartment is like a pile of apartments. Believe it or not, it is one of the most preferred housing units in metros and crowded cities today.

So, multi-storey flats are clusters of apartments on a plot which has basic amenities and a gated community. It also gives a secure vibe and a homely atmosphere. These kinds of residential formats are economical as compared to others. Taking advice and recommendations from Prosperty Real Estate Agents in Chennai is highly appreciated here.

At the end of the day, whatever choice you make, pre-determine who is to look after the common facilities such as backups, roads, power supply,y, and water. Generally, when you purchase whichever residential house style, the responsibility rests with the developer. However, don’t assume such details and make sure you find out the norms well in advance.

To conclude, always remember that you are not alone in this tedious process of home hunting. Prosperty Real Estate Chennai always has your back at all times. Hence, take it easy, breathe,e and make your buying journey as seamless as possible.