Advantages of Buying a Flat in Jaipur
Across the world, purchasing an apartment in cities is a preferred choice among home buyers. Over the last few years, people now prefer to buy a flat in Jaipur over a villa or bungalow, following this trend. Property experts estimate this trend to grow over time. This blog post will help you explore a few advantages of buying a flat in Jaipur.
Great locations – Buying a property in prime locations in any city is an expensive proposition. Jaipur is no exception. The availability of real estate is scarce in prime areas. Typically, the vacant plot size in central areas is large. It is more than what a family of four would need. Buying an apartment in Jaipur entitles you to enjoy a central and otherwise not possible location with the right amount of space.
Affordability – In comparison to buying land and constructing a bungalow or villa, buying an apartment in Jaipur is much more affordable. A 3 BHK flat for sale in Jaipur will be less than 30% of the cost of an independent house in the same location. Flats tend to be compact and therefore cost less. It would be relevant to mention that buying a flat in Jaipur is cheaper than it is in bigger cities like Mumbai, Delhi, Bangalore, and Pune. Lately, demand for luxury flats for sale in Jaipur is firming up in central locations.
Safety & Security – Modern flats and apartments offer 24-hour security personnel and CCTV surveillance; therefore, flats offer better security than independent bungalows. With gated entrances, entry is restricted and monitored; hence, the feeling of safety and security is considerably better among elderly individuals, children, families, and those living alone. Residents enjoy the sense of community with many families living together in an apartment block.
Most modern apartment projects offer residents facilities and amenities like a swimming pool, gym, clubhouse, tennis courts, jogging tracks, landscaped gardens, and 24-hour security, to name a few. Such facilities are rare in bungalows. Demand is increasing for apartments with amenities for sale in Jaipur as they enhance the quality of life. These facilities are maintained by the housing societies and the cost of maintenance is divided among all flat owners; the incremental cost is negligible.
Flats typically require low maintenance in comparison to bungalows or standalone houses. In apartments, the common areas like driveways, passages, parking areas, and gardens, to name a few are maintained by the housing society assigning very few areas to maintain by a flat owner. In comparison, the owner of a standalone house has to maintain the entire area on his own. Therefore, many people feel it makes sense to buy a flat in Jaipur because it relieves the owner from maintenance hassles.
Many affordable Options
With a booming real estate market, there are many affordable flats for sale in Jaipur across the city. Many projects in Sanganer, Jagatpura, and Sirsi Road have 2 BHK flats for sale in Jaipur. In the same way, one can find many 3 BHK flats for sale in Jaipur in Vaishali Nagar, Mahindra SEZ, and Gandhi Path, among others.
The property prices in Jaipur are considerably lower in comparison to Delhi and Mumbai; this is attracting real estate investors from those markets to buy flats in Jaipur. It is possible for investors to buy flats in Jaipur’s prime locations; investing in central locations of Delhi or Mumbai would require astronomical investment, in comparison. Savvy investors would prefer investing in Jaipur for better returns, a reason why there are many resale flats for sale in Jaipur.
Due to the aforementioned reasons, many home buyers and investors are purchasing apartments in Jaipur.