Why do homebuyers prefer low-rise projects: Details of Low Rise & High Rise
When buying a flat in a well regarded society, there are a few important factors that require consideration. One of them is a selection of floors in an apartment. There is always confusion about the selection of a lower or higher floor. Which floor would be good for buying? Is low-rise building good for investment or not? Investors and homebuyers always ask this question to themselves and real estate experts. Well, both options have pros and cons that impact the buying decision of the homebuyers. Check this blog that comprises advantages and disadvantages of low-rise vs high-rise apartments. This will help you understand which choice is right for you!
| Low Rise Building | have up to 4 floors |
| Mid Rise Building | range from 5 to 10 floors |
| High Rise Building | more than 12 floors |
An Increase in Popularity of Low-Rise Building & Projects
Homebuyers are drawn to low-rise properties which indicates a shift from the tall buildings. Low-rise buildings have a few floors but offer a more personal and neighborhood-focused living environment. While buying flats, people also consider several points that describe rise vs low rise.
As per the Indian Building Code, structures that are built up to the height of 15 meters including ground and four floors (G+4) are low-rise buildings. So, there will be less number of occupants in these buildings, and the number of towers will also be limited.
Because of this, homebuyers can experience the advantage of separate entrances, big living spaces, and personal outdoor areas. Today, homebuyers require more amenities, and a secure community surrounding that these low-rise buildings offer. As a result of this, we can see more low-rise developments that have been catching the attention of investors.
Pros and Cons of Low-Rise Buildings and High-Rise Buildings
| Pros of Low-Rise Projects | Pros of High-Rise Projects |
|---|---|
| Elevators aren’t required | Offers beautiful views |
| Lower maintenance and energy expenditures | High altitudes flats provide a quiet environment and clean air |
| Emergency evacuation is also simpler during a fire, earthquake, etc. | A great deal of privacy |
| Better resale value than high-rise ones | Less noise- vehicular & surroundings |
| Closer to the streets | – |
| Located in main residential areas | – |
| Closer to the green spaces | – |
| Secure and spacious | – |
| Cons of Low-Rise Projects | Cons of High-Rise Projects |
|---|---|
| vulnerable to damage during floods | Challenging to escape the higher floors in case of an emergency |
| A good view is difficult | expensive investment |
| – | Maintenance is higher |
| – | Can cause more damage during an earthquake |
Advantages and Disadvantages- low-rise vs high rise
Let’s explore the reasons why homebuyers are making this shift from high-rise properties to low rise.
In terms of safety and security
The low-rise building will have enhanced safety and security. As there will be fewer flats and towers, it becomes easy to manage the society more carefully. Also, low-rise gated communities are specially designed to resist the impact of natural calamities such as earthquakes.
- As compared to high-rise buildings, low-rise apartments are less susceptible to structural damage during earthquakes. In case of an earthquake or other emergency, residents can’t climb stairs. This problem is not in the low rise because there are only 4 levels.
- Apart from this, security checks will be stricter during the time of entry and exit in low-rise developments. Because of the lesser number of residents, it is easy for the security guards to screen everyone thoroughly.
- Many people also avoid high-rise projects because there is a risk of falling from height. For those, low-rise is a suitable choice where they don’t have to live in fear as they can live close to the ground.
Understanding the higher resale value
The real market experts say that compared to high-rise buildings, low-rise developments have higher resale values. As home seekers mostly prefer buying flats in low-rise buildings, this increases the resale value.
- While searching for a home, homebuyers focus on privacy and security and all these features come with low-rise living. This makes low-rise properties more attractive in terms of resale value.
- Compared to high rise, the demand for such homes remains steady which ultimately increases value over time.
More spacious rooms
One advantage of low-rise living that no one can ignore is the availability of more space which results in spacious rooms.
- The fewer units on each floor of low-rise projects allow residents to enjoy larger spaces. This also makes their homes feel more comfortable to live in. Families who are seeking larger living space always opt for low rise buildings.
- The average room size in a high-rise building will be around 10×10 along with all the built-in amenities. However, the low-rise projects have bigger living spaces comparatively.
In terms of maintenance cost
There’s another aspect that works in favor of low-rise projects and that is maintenance cost. Because low-rise housing is more energy efficient, it has fewer maintenance costs.
- Low-rise projects provide an ambient temperature and less energy consumption in comparison to high-rise buildings.
- Additional maintenance costs are typically easier to handle in a building with fewer floors and a smaller size. Homebuyers who want to benefit from their investment while reducing long-term costs will find low-rise apartments appealing.
Elder-friendly buildings
Homeseekers while buying a flat look for low rise because it is easy to go down different floors, especially for kids. But, high-rise buildings with multiple floors can be problematic at times especially when the lift is out of order.
- These sort of apartments have a maximum of 4 floors. So, there will be less climbing for kids and elders.
- It will also be easy for the elders to access the stairs in case of any emergencies such as fire.
- Low-rise apartments are mostly located in busy, posh, and residential neighborhoods. So, elders can frequently go out whenever they want and this is not possible in high-rise buildings.
Conclusion
Low-rise and high-rise buildings have their own sets of pros and cons. So, choosing between low, and high-rise projects must be based on careful considerations based on your preferences, budget, lifestyle, priorities, and plans. However, most homebuyers prefer low-rise projects because of the number of advantages associated with them.
