Buyers need to understand the different factors advantage and disadvantages of each individual property.
If the property is Independent House vs. Apartment in a Co-operative Housing Society: Setting aside advantages related to
independence and privacy, some of the most important factors to consider while making this decision in India are maintenance
costs and responsibilities, A housing society may provide the facilities such as swimming pools, health clubs, and gardens,
and arrangements for parking, security, power backup, etc. New construction or Old: Sale price is generally determined
on the basis of built-up area i.e. the measurement of the residential unit at floor measurement, including projections
and balconies, and is measured from the external perimeter of the walls, whereas the carpet area i.e. the total area of
a premises measured from the internal walls, is the area that is actually usable. In new constructions, the difference between the
two might be substantial, and a buyer can end up paying a hefty sum for a smaller apartment, whereas in old constructions this difference is far lower.
