The urge for a better standard of living and rising income have fuelled the need for new housing solutions. For many, privacy and independent living at an affordable cost are a crucial aspect of life.
In India, most people living in apartments are not aware of an array of residing spaces such as builder floors, apartments, and multi-storey, and so on. Below is an elaboration of the difference between an apartment and a builder floor and similarities.
Apartments
An apartment is American for a self-contained housing unit that falls under residential real estate, occupying a section on a building floor. An apartment can be occupied by the owner or leased or rented to a tenant. It is a flat unit within a multi-storied building located in a group housing complex.
Complexes are either developed by the city development authority or private builders. Apartments are equipped with better security and an array of shared amenities than builder floors. Multi-storey buildings can be more than four floors depending on the layout plan.
Depending on the tenant's requirements, apartments can be furnished or unfurnished. Apartments offer 2, 3, and 4bhk units on a single floor meaning; more families will share the same floor and shared amenities such as swimming pool, clubhouse, park, community hall, etc.
Builder Floors
Builder Floors are independent floor units in a low-rise building, equipped with or without common facilities. Generally, builder floors are built on smaller plots in plotted residential areas by local developers. Builder floors tend to be independent and are slightly more expensive, as compared to ordinary apartments.
Builder floors are commonly preferred by those who prioritize privacy and larger space. When developing builder floors, designs are not standardized, unlike apartments. For most builder floors, monthly standard maintenance charges are not paid, but, at the same time, it is crucial to take care of maintenance and security yourself. While builder floors offer independence, apartments offer the advantage of community living.
Selecting between a builder floor or apartment is a matter of personal choice.
Both have their pros and cons.
Builder Floors
Suppose you want more space, independence and don't want to pay compulsory monthly maintenance charges. In that case, a builder floor is the ideal living option for people preferring a peaceful and liberated environment.
Apartments
If you prefer community living, a secured environment, and more amenities for you and your family, apartments are the way to go. No-way-days most of the apartments are fully furnished for comfortable living. People living in an apartment enjoy better facilities through the resident welfare association of housing societies.
Differences between Apartments and Builder Floors
Similar Characteristics of Builder Floors and Apartments.