STANDALONE APARTMENT BUILDING Vs LARGE RESIDENTIAL COMPLEX

Location plays a pivotal role in the choice between standalone buildings and larger residential complexes. Standalone buildings are often centrally located, requiring smaller areas for development, while larger complexes are typically situated in the outskirts or suburbs, benefiting from more expansive areas for development.

Maintenance costs are notably lower for standalone buildings compared to larger residential complexes, primarily due to the smaller area and reduced amenities' maintenance needs. In terms of amenities, standalone buildings may offer features like gardens, gyms, and walking tracks. However, residential complexes tend to provide a more extensive range of amenities and in-house activities. These complexes often house supermarkets, theatres, schools, and various other conveniences within their premises.

When it comes to financial risks, residential complex projects involve higher monetary risks due to their longer delivery timelines, typically spanning five to seven years. In contrast, standalone buildings have shorter delivery timelines, ensuring swift possession and thus lower financial risk.

For decision-making, standalone buildings offer quicker decision-making processes as there are fewer flat owners. In contrast, residential complexes involve numerous approvals from society committees and other flat owners, making the decision-making process more complex.

While residential complexes represent a new trend in lifestyle living, standalone buildings remain a classic choice for convenient home-style living. Horizon Promoters India Ltd offers 1, 2, and 3 BHK flats designed to provide customers with the comfort, style, and elegance they deserve.