Apartment or independent house? It is an endless debate, which argue that builders must ensure that the apartments they build should be able to face the vagaries of time for at least seven-eight decades. As the cost of an independent house is staggering, not many buyers consider the option of going for one now.Land prices have rocketed and made the purchase of a site and construction of a house almost impossible.
Today, the scene is completely different. Not only are concrete blocks mushrooming all over the city, large individual houses are fast disappearing with residents opting to give them up to developers.A typical apartment complex or gated community comes with clubs, a large community garden with plenty of area for children to play and pathways to walk.
The fact that fresh land for individual houses is no more available within the capital again acts as a dampener. Getting the desired location is a further incentive for homebuyers to opt for gated communities or apartment complexes. After listening to all these arguments,you are left with no option but to go for a flat. But,will your flat last more than 50 years or more??
There is no doubt that given the astronomical land rates nowadays, building an independent house is increasingly becoming tough.However,experts are of the view that concrete apartment buildings in India last only for 30 to 50 years compared to the expectation of 70 to 80 years. The short life span is an economic burden for not only owners and residents but to the nation as a whole, a major factor influencing long-term service life of concrete structures is the nature of weather conditions. He is of the view that adverse conditions like ground contamination, high temperature, humidity and fluctuating temperatures can cause damage and reduce the life span of a structure.
Today, the scene is completely different. Not only are concrete blocks mushrooming all over the city, large individual houses are fast disappearing with residents opting to give them up to developers.A typical apartment complex or gated community comes with clubs, a large community garden with plenty of area for children to play and pathways to walk.
The fact that fresh land for individual houses is no more available within the capital again acts as a dampener. Getting the desired location is a further incentive for homebuyers to opt for gated communities or apartment complexes. After listening to all these arguments,you are left with no option but to go for a flat. But,will your flat last more than 50 years or more??
There is no doubt that given the astronomical land rates nowadays, building an independent house is increasingly becoming tough.However,experts are of the view that concrete apartment buildings in India last only for 30 to 50 years compared to the expectation of 70 to 80 years. The short life span is an economic burden for not only owners and residents but to the nation as a whole, a major factor influencing long-term service life of concrete structures is the nature of weather conditions. He is of the view that adverse conditions like ground contamination, high temperature, humidity and fluctuating temperatures can cause damage and reduce the life span of a structure.
Investing in villas will really prove great benefit to home buyers...
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