When you decide to buy your own house, one of the many questions you would have in mind is whether you should invest in a villa or a flat ? Apart from the monetary determinants, there are many other factors that add to the peculiarity of each of these options. These may include considerations like the upfront investment needed, rate of return, resale value and some personal factors like marital status, job (whether it calls for frequent transfers) and also the size of the family in India.
Villas come with the combined benefits of plots and flats. They give you the pride of living in an independent house with all the privacy and freedom but without the headache of huge investment for construction. The concept of gated villas is mainly attracting the attention of affluent class buyers who are ready to pay exorbitant amounts to get what they want. Villa projects offer lesser units so that the complex does not get overcrowded. Also, these complexes offer common amenities as well as private amenities like terrace gardens.
All the two types of properties have their own advantages and drawbacks. So, to get the best deal, you should know your own preferences and then judge the options on different criteria.