Firstly and truly buying any sort of property is no easy task. The kind of money involved in purchasing a flat or a plot or for that matter a bungalow is enormous.
Buying a Bungalow versus Buying an Apartment ?
The cost of flat versus the cost of a plot versus the cost bungalow is a lot. If you are purchasing a flat that is located on the outer part of the city then could get one in about 35 to 50 lakhs. If you planning to buy a plot then it can cost anywhere between 50 lakhs to 75 lakhs and even more; it all depends on the locality and the cost of land in that area. If you are planning to purchase a ready for possession bungalows for sale Kolkata then basic price could range from 60 lakhs to 1.2 crore depending on various factors.
All of the above information is based on my personal firsthand experience. I have the experience of purchasing a flat, the experience of purchasing a plot for self-use and having my bungalow constructed by the local builder.
Flat versus Bungalow in India
Generally the quality of flats in budget townships is really not good. If you have a small budget and cannot afford premium construction quality then be prepared for a number of repairs within a few years. There are many problems that can arise; they could be related to plumbing, paint, flooring, electrical wiring etc.
If you have a good budget, say in the range from 50 Lakhs and above then you should try searching for a premium apartment township that provides high quality construction. Most premium apartments have good planning too, rooms are spacious, kitchen space is created keeping in mind today’s fast lifestyle and bathrooms can be luxurious too.
With premium township apartments there are numerous facilities and amenities that make buying an apartment a great proposition. Almost all premium townships have tennis courts, basketball courts, badminton courts, gymnasium, swimming pool and more. This allows residents to life an active lifestyle. One of the top features of a premium township is that of security. Security is a huge concern for nuclear or large families. If both apartments are working and you have kids who stay back at home you can leave home assured that the safety of your family is not compromised.
If your dream home is a bungalow house in Kolkata then be prepared to shell out somewhere between 60 lakhs to above 1 crore. The cost of land/plot is not getting any cheaper and cheap plots are available only at locations that are far away from the city area.
If you are on the lookout for all inclusive bungalows for sale Kolkata then I suggest you looking for upcoming residential projects in Kolkata. There are many new areas in Kolkata where development is taking place. Rrajarhat and Joka in Kolkata are two of the areas that are witnessing rapid growth and expansion.
The best thing with bungalow house in Kolkata is that you have large open space and when you purchase the house you can request the builder for any customizations you might want. Of course, any customization you request will cost you extra. But if you’re looking for premium build quality and a place that will be your home for many years to come then bungalows are what you should opt for.
Whether you decide you buy an apartment or a bungalow there many factors you should consider before arriving at a decision. You should also take a lot of time to chat with the builder/developer. It is not just the final price of the property that should be your point of discussion. If the apartment or bungalow is under construction as the builder about the final delivery date. The date when the builder will hand over the keys. When all discussions are over and you are ready to sign a purchase intent agreement ask then builder’s office for a copy of the agreement. Read the agreement and also ask a lawyer to read it. The date of possession should be mentioned in the agreement as well as the payment terms. If you want any valid legal points included in the agreement then request the builder’s office to add them as well.
