Independent Villa:
When anyone dream of a home, the picture that emerges in the mind is that of a independent house. Of course there are advantages and disadvantages of living in an independent house.
ADVANTAGES OF INDEPENDENT ViLLA:
• An independent house provides you greater degree of freedom.
• Ability to design the house as per your wish.
• Future modification of exteriors as per the latest trends and wishes.
• If you have keen interest in gardening then you would have a space to build on your interest or grow your pets.
• More privacy with no more problems with regard to sound sweepage.
• You can always expand the space as per requirement in the future when your children grow up.
• You can develop the higher floors when you want to make some additional income through rent.
• Ability to design the house as per your wish.
• Future modification of exteriors as per the latest trends and wishes.
• If you have keen interest in gardening then you would have a space to build on your interest or grow your pets.
• More privacy with no more problems with regard to sound sweepage.
• You can always expand the space as per requirement in the future when your children grow up.
• You can develop the higher floors when you want to make some additional income through rent.
DISADVANTAGES OF INDEPENDENT VILLA:
• Security is a concern and will come at a significant cost i.e if you want to keep a watchman or gate keeper.
• Facilities such as power backup (especially if you want to install generators to run A/C’s etc) and water supply would be expensive and a managing the same would be a hassle.
• You would need to get access to external clubs and sport facilities. This would be an expensive proposition for e.g monthly access to a good gym could cost you anywhere between Rs 2500/- to 3500/-.
• Services such as plumbers, electricians etc would need to be identified and called for at the time of need.
• If you have a job which requires you to be traveling to different cities, then security of your household goods would be a cause for worry.
• If you are in the metros or in the tier-1 cities where land is scarce and expensive, you may end up owning precious little space and there will be very little space for garden and to walk around.
• Facilities such as power backup (especially if you want to install generators to run A/C’s etc) and water supply would be expensive and a managing the same would be a hassle.
• You would need to get access to external clubs and sport facilities. This would be an expensive proposition for e.g monthly access to a good gym could cost you anywhere between Rs 2500/- to 3500/-.
• Services such as plumbers, electricians etc would need to be identified and called for at the time of need.
• If you have a job which requires you to be traveling to different cities, then security of your household goods would be a cause for worry.
• If you are in the metros or in the tier-1 cities where land is scarce and expensive, you may end up owning precious little space and there will be very little space for garden and to walk around.
An alternate option which could help to capitalize on the advantages of an apartment and independent house would be to own villas in gated colonies or large residential projects. This option would provide the key advantages of an apartment such as security and other facilities and also provides a greater degree of freedom similar to an independent house. However there are few disadvantages such as limited flexibility to design the exterior and amount of independent space in front of the house.
