Regarding purchase of individual house

Q: Hi , I have just started to look for properties and to me it looks like apartments are not a good choice for long term investment. So is buying a new built individual house a good option ? What are the pros and cons ? What should I be careful about ?

Manu Bhat,

23rd April 2015

Investment Advice in Bangalore

individual homes

Follow Discussion

Also see discussions for

Bangalore Investment Advice Investment Advice in Bangalore

Replies (2)

I personally feel that it is better to buy an apartment than individual house. You get to know your neighbor and the plus point is the security.

Sreya Khan, Bangalore

23rd April 2015

Comment

There are pros and cons of buying an individual house;

PROS:- 1) Individual house gives to greater degree of freedom.
2) You can design the interiors or modify the exteriors according to your choice
3) Privacy is there
4) You can construct higher floor as and when required and make some additional income through rent.

CONS:- 1) Security is a concern whether you want to keep a security guard or watchman.
2) You would need to get access to external clubs and sport facilities.

Niketan Verma, Bangalore

23rd April 2015

Comment