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  • Category: Flat House
  • Date: 23 Feb,2024

Important Things to Remember Before Buying a 3 BHK Flat in Kerala

John Doe, company.com
John Doe, company.com
Category:Flat House
Date:23 Feb, 2024

A "Flat House" typically refers to a residential property that combines the characteristics of both a flat (apartment) and a traditional house. It represents a unique style of living that blends the advantages of apartment living with the features of a standalone house. Here's a description of what a "Flat House" might entail After the first term expires, these leasehold properties may be renewed by paying specific fees. Technically, by paying the authorities a fee, the lease term might be extended to 999 years. However, another clause states that once a property has been occupied for 100 years, it immediately becomes a freehold asset.

A Flat House is a distinctive and innovative residential concept that offers the best of both worlds - the convenience and amenities of an apartment combined with the privacy and space of a house. These properties are designed to cater to the needs of modern urban dwellers who seek a harmonious balance between apartment living and traditional homeownership.

Unlike traditional apartments, Flat Houses are often standalone units that are part of a low-rise or mid-rise building, resembling townhouses or duplexes. Each Flat House is a self-contained living space, typically spread over multiple floors, providing residents with a sense of privacy and independence.The interior of a Flat House is thoughtfully designed to optimize space utilization and create a comfortable and functional living environment. These properties may offer open-plan layouts, ample natural light, and modern amenities to enhance the overall living experience.

While residing in a Flat House, residents can enjoy common facilities and services typically found in apartments, such as security, concierge services, parking spaces, and shared recreational areas. Additionally, some Flat House developments may feature private gardens, balconies, or rooftop terraces, allowing residents to enjoy outdoor spaces within the confines of their property.The location of Flat Houses is often in urban or suburban areas, providing residents with easy access to amenities, schools, shopping centers, and public transportation.

Flat Houses are an appealing option for those who desire the benefits of apartment-style living, such as low maintenance and communal facilities, while still valuing the autonomy and space associated with traditional houses.It's worth noting that the specific characteristics of a "Flat House" can vary based on regional real estate practices and market trends. As such, it's essential to consider local contexts and property offerings when exploring the concept of a Flat House in a particular location.

If you're looking at it from an investment perspective, apartments are far more beneficial than an independent home. As a homeowner, you can rent/lease out your property to tenants. Working professionals and growing families would choose this type of property because of the hassle-free lifestyle it offers.Flats are typically smaller and more affordable than independent homes. Flats offer amenities, security, and low maintenance costs, while independent homes offer more privacy, customization options, and higher resale value.
 
Flats are typically smaller and more affordable than independent homes. Flats offer amenities, security, and low maintenance costs, while independent homes offer more privacy, customization options, and higher resale value.It is easier to get basic facilities like water, electricity and security etc. in a flat although they may come at an additional price of around 2-5% of the purchase price. However, in case of an independent house, one must arrange and manage all the basic facilities on their own
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