Real Estate

Know about the Varieties of Residential Buildings

Different people have different demands about living spaces, and to cope with that, modern builders are making plans to build several types of residential spaces. While one might want to live in a huge building with great infrastructural facilities, another might like his privacy and want a small house for his family. There are a lot of options to choose from different and new residential projects in Ahmedabad to satisfy your desire. Get an idea about the following before deciding which one will be suitable for you:

  1. Single-Family Home – This is a private property residence and the most typical of the lot. You can either buy the house or be the tenant. If you are buying the house, you can pretty much do anything with the property without violating any rule. But being a tenant, you have to abide by the rules of your owner yet enjoy the facilities at the same time.
  2. Duplex – This is a multiple residence building having two different residencies. In some cases, people might buy just one side of the duplex which is similar to buying a house. Many a time, investors are seen buying duplexes for getting a rental income. If you are a rental resident, you get to live with a small number of other residents and enjoy equal facilities with others. But in this case, you do not need to make a down payment.
  3. Apartment Building – There are different types of apartment buildings that vary in the resident population and size. In most communities, four-unit buildings and triplexes are quite common. Whilst large buildings can have many residential units, many apartment communities include quite a few buildings.

Your financial situation and the location preference will have an effect on your choice of new residential projects in Ahmedabad. Consider your needs and style carefully before you invest in one as buying a house is generally done for a lifetime.

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