Get to Know About Builder Floors: Move Towards a Lavish Lifestyle

Get to Know About Builder Floors: Move Towards a Lavish Lifestyle

In the real estate industry, we keep on seeing new trends. For instance, you will find the phenomenon of high-rise buildings is one of the hottest property trends. In cities like Pune, Mumbai, Delhi, Bangalore, etc we have seen the exciting trend of all these independent floors which are also called builder floors. They are one of the best residential options to consider for people who prefer living in low-rise apartments. These floors offer the utmost level of convenience and privacy.

In addition, rapid urbanization has given rise to these builder floors. If you want to know more regarding the builders floors, keep on reading this blog and you will get to know how it is different from any multi-story apartment.

Builder Floors

Builder floors are basically the residential units in a low-rise independent building. These floors are highly in demand and are quite expensive as well. Builder floors are something that is constructed on a small and medium-sized plot. The best part about the builder floors is that they can be sold independently at different rates.

Also read: 10 Things To Check Before Buying a New House in Gurgaon

A builders floor apartment is usually developed by the builders and that too on its own.
These floors are usually developed by the builders on their own or sometimes they collaborate with the landowners. Going for a builders floor is absolutely an amazing decision because you will get a hint of privacy here. All in all, it is an amazing lifestyle choice for home seekers who are looking for the perfect nesting space.

Advantages of Having Builder Floors

Builder floors are high in demand and are expensive as well. And, if you are looking for unique residential options with elements of luxury, then builder floors are an amazing pick for you. There are several advantages as well:

1. Builder floors offer you a building in the form of an independent floor and that too at a convenient price. If you are going for a villa or bungalow for privacy factor only, then it would be better to reconsider the option and go for builder floors.
2. They ensure freedom from maintenance, privacy, and other charges as well that are usually applicable in developer projects.
3. As the entire floor is disposed of together, a buyer can expect higher returns if they want to sell.
4. One can even set up a separate community by buying them among family and friends.

You may also read blog - Which is the best place to buy property in Noida?

Factors To Consider Before Buying a Builder Floor

If you want to buy a builder floor then there are several factors that you need to keep in mind such as:

1. If you want to buy a builder floor, then go to the local registrar’s office, and look for the building plans, Ratio of the floor area, Approved Building plan, and other options as well.
2. Then check if all the certificates for occupancy are complete or not. It will help you know whether the property does not violate any local development laws. It is quite necessary to check the electricity and water connection as well.
3. If possible, then hire a property survey as well for checking the construction quality.
4. Before finalizing your purchase it’s better to have a track record of the builder. One should also check the broker’s background as well.
5. Look that each and every unit have separate facilities such as water and power connection.

Disadvantages of Builder Floors

Builder Floors are one of the popular trends in the real estate sector especially if you are located in urban Indian cities. Several people do not like to stay in large housing societies or high-rise residential towers, and often purchase an independent apartment on a builder floor property.

Finding the best and most legitimate Builder floor can be difficult but, you can easily get it if you look at the apartments at Planmyproperty.

Here are some disadvantages of Builder floor:

1. For the maintenance, water, or electricity there are no dedicated people.
2. Builder Floors has fewer amenities and added recreational spaces such as a gymnasium, temple, jogging track, children’s play area, etc.

FAQs

What are Builder Floors?
Builder floor means an independent apartment on the entire floor of the low-rise structure.

Is it fine to purchase an independent builder floor apartment?
Yes, it is secure to purchase a builder floor apartment but, one needs to take care of the property papers that are legitimate and clear.

Are builder floors expensive?
No, infact in many cases buying a builder floor apartment could be cheaper than any ready-to-move flat.