Buying Home: Apartment or Independent house?

Buying Home: Apartment or Independent house?

Owning a home is a financial goal that transcends religion and nationality. Once the requisite financial planning is done and necessary savings accumulated, the next question is whether to buy an apartment or an independent house. Usually, space crunch and high rates in metros compel most homebuyers to look at apartments as their preferred choice. These come slightly cheaper than independent property which could be in the form of a villa or an assortment of floors built on a plot.

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Apartments and independent houses

There are many factors to consider like location, accessibility, rent, appreciation, security, the purpose of the purchase, stage of life etc. before one makes this once in a lifetime investment.

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The cost of buying an independent house is much higher than that of buying a luxury apartment hence in case of a home loan the requirement will increase in a corresponding manner. It would include the price of the plot, the stamp duty to be paid to the Govt., the clearances required from various authorities, the cost for an electricity connection, raw materials, labour costs depending on city, and the architect fees in case of renovations. In case of an apartment, the builder takes care of the technical formalities and buyer just has to pay the requisite amount for the apartment and move in whenever one desires.

While these apartments come with added values, such as security, enough parking space, power back-up, water systems and fire safety mechanism in place, an independent property needs extra effort for setting up of these services. This would also include an extra cost of 2-3% of the total property value on these amenities around an independent villa property. This would include setting up of small power back-up in the form of an inverter or a generator set and your water mechanism.

Living in a Luxury apartment complex encourages communal harmony and societal living as no discrimination is made on the basis of caste or creed. Society members from all walks of life are welcomed which is lacking in independent house living.

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Location of Real Estate Property

Location of Real Estate Property.

The most important factor while buying a real estate property is the Location. The location plays a vital role while finalizing a property deal. Location is so imperative that people are willing to give up some of their must-haves to end up in their dream area. The location of your home determines many things which will affect and influence a home’s value. These items include the overall quality of life, school choices, commute times, and social opportunities.

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Luxury Properties

Following are some of the factors why location is important while buying property.

• Field Standard

Buying home brings pleasure to a lot of people. The aspiring homebuyers do take a good look at the locations that are the talk of the town. we must consider some factors before choosing the right location. You must think about future of the location that you are thinking to reside at with the help of these factors.

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• Level of quality of the Area
• Clean environment
• Safety Concerns
• ‘Green’ quotient
• Job opportunities

Presence of amenities
In today’s world, everybody wants multiple amenities under one roof. Thus, one must have the whole knowledge of the amenities that is offered by the location. Because investing in a good location with ordinary amenities is equal to bearing loss at large. So, look for all these facilities are offered by the properties or not.

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Ease of Connectivity
Quick and easy connectivity with schools, colleges, office, market and hospitals is a must because one needs to reach these places on time. Therefore, it is important and beneficial to choose the location which is not far away from these places. It’s always better to buy homes in locations where the investment value is bound to go up with time.

Safety and Security Concerns
Safety and security are the topmost priority of the buyer. A safe place with no crime scenes is essential. It is said that houses in high crime area are less expensive. Therefore don’t go for low priced houses because in future if you want to sell it, you’ll hardly find any buyer.

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Location is also a critical element of resale value. So, it’s important to get an idea of the reselling price before investing in a plot. Over the long term, an investment in real estate is generally considered the most valuable type of investment, one with the best financial returns. So, in future, you can sell off the property when the market sentiment is upbeat and get a huge ROI.

These common factors are responsible for the property price swing in every location. So, consider these points carefully before investing in any location.

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Benefits of Elevators over Escalators

Benefits of Elevators over Escalators.

The elevators and the escalators are something every day, of frequent use and that give the impression that they have always been there. Both systems fulfil different functions, such as moving people without any problem and with amazing simplicity.

The first thing you should keep in mind about both systems is what they are designed for. Both are responsible for moving people on different floors. However, the stairs perform their function at a lower height and in a more massive way. In addition, they offer less versatility than elevators and their performance is much slower.

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commercial elevators

The elevators, on the other hand, hardly take up space and offer variants to raise different loads. These reasons give it a flexibility that makes it present in high-rise buildings. As a general rule, one of these devices could take you from the ground floor to the tallest of a skyscraper; the same could do with a car.

These days, energy efficiency is an extraordinary need, society is progressively mindful from a natural perspective and organizations act in like manner to help the battle against environmental change. These two frameworks come to accept somewhere in the range of 2 and 10% of the energy consumption of a property.

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In certain circumstances, they should work constantly, particularly on account of escalators. In any case, various arrangements have been proposed to this issue of electricity utilization. On the elevators, we search for designs in which the system possibly devours energy when it is begun or when the lodge possibly illuminates when there is a user inside. Likewise, the blend with the utilization of LED bulbs makes the electricity cost even lower.

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Alongside this, energy recovery technology and movement control by variable frequency are accomplishing decreases of up to 60% in utilization. Subsequently, elevators figure out how to diminish its energy impact hugely.

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Safety Tips For Using Elevators & Escalators.

Safety Tips For Using Elevators & Escalators.

Elevator Safety Tips

We need to follow some safety rules or measures to ensure the safety of elevators and escalators.

When riding on an elevator:

Stand next to the elevator wall.
Hold the handrail if available.
Pay attention to the floor indications.
If the doors do not open when the elevator stops, push the DOOR OPEN button

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commercial escalators

When you enter and leave an elevator:

• Enter and exit carefully. Step up or down if the elevator floor and hall floor are not level.
• Hold children and pets firmly.
• Stand clear of the doors – keep clothes and carry-ons away from the opening.
• Push and hold the DOOR OPEN button if the doors need to be held open, or ask someone to push the button for you.

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Escalator Safety Tips

Before entering escalators:

• No hand trucks or hand carts.
• No freight.
• No wheelchairs, strollers or baby buggies.
• No walkers or wheeled vehicles.
• No loose clothing – clogs, flip flops, soft-soled shoes or scarves.
• Be careful when carrying hanging clothes.
• No running or walking standstill.
• Don’t ride barefoot or with loose shoelaces.
• Parents supervise the conduct and activity of your children.
• Use the emergency button in emergency situations only.

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When riding escalators:

• Stand toward the middle of the step – away from the sides and face forward. Don’t lean against the sides.
• Don’t allow children to sit on steps.
• Do not sit umbrellas on steps.
• Keep a firm grip on the handrail. Reposition your hand slowly if the handrail moves ahead or behind the steps. Escalators may stop for safety precautions.
• Don’t rest your handbag or parcels or any other objects on the handrail or steps or anywhere.
• Keep objects in hands at all times.
• Pay attention. Don’t window-shop while riding.

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Benefits of Home Elevators

Benefits of Home Elevators

Whether you are an elderly person interested in maintaining your independence in your own home, a homeowner with limited mobility, or a homeowner interested in adding convenience and value to your property, your life would be so much simpler with a home lift or personal elevator. Small home elevators allow you to enjoy the ease and convenience of avoiding the stairs whenever you choose. Home elevators come in all shapes and sizes to meet your needs and fit within your home.

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Home elevators

     With the right house elevator, you'll be able to maintain a safe, independent lifestyle longer and without the risk or inconvenience of hauling heavy loads from floor to floor. When a family member has difficulty with mobility, special equipment may be necessary, and a home elevator system is often chief among these needs.

Elevator styles include hydraulic, traditional cable, shaft-less, glass, or even pneumatic models. Platform lifts are also available to move a wheelchair from one floor to another. We even have dumbwaiters to enable you to transport items between the floors of your home. We will be able to transport heavy items such as laundry, groceries, or luggage via a dumbwaiter instead of carrying them up flights of stairs.

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Traditional
Traditional cable or hydraulic elevators are certainly good options for those who need a residential elevator. These elevators offer quiet operation and a smooth ride.

Wheelchair Lifts
Wheelchair lift elevators are made to assist those with disabilities. They take up less space than a traditional elevator and maybe more affordable.

Dumbwaiters
Dumbwaiters are very compact and save a lot of space. They're an efficient solution for those who need to move small objects from floor to floor. Kitchens and libraries often install dumbwaiters to move dishes and books.

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Cable Drum
A cable drum machinery system takes up the least amount of space and includes an emergency battery-powered lowering system. Cable drum elevators are the quietest models in the industry.

Hydraulic
These piston-powered elevators deliver a smooth ride and gentle descent. They can be adapted for many different designs and are suitable for many different kinds of low-rise buildings.

Pneumatic
Pneumatic elevators are a sleek and eye-catching addition to a home. Pneumatic elevators are one of the safest and most reliable types of elevators.

Shaft-less
These elevators can only travel between two levels, but they are a great choice for residential use because they don't take up much space. They don't require machine rooms or hoistways.

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Why Escalator instead of Stairs.

Why Escalator instead of Stairs.

     Basically, escalators is a vertical transportation device that helps to move people or goods between floors of buildings. Escalators are typically powered by electric motors that drive traction cables. It helps you to move from one floor to another without climbing stairs.

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The major benefits of using an Escalator over stairs are,

Moving People
The escalator's primary attribute is its ability to move large numbers of people at once from one area to another, People can move both upward as well as downward when a pair of escalators are typically deployed next to each other. That is an advantage over an elevator, which can only go one way at a time with generally a much smaller capacity.

Heavy duty escalators

Comfort
An escalator transports people automatically when switched on, with individuals simply standing still. As such, travelling on an escalator requires little physical exertion. People who experience pain or difficulty when walking are thus able to traverse longer distances with ease and in relative comfort. Escalators offer plenty of space, too, especially when compared to an elevator or narrow staircase where people may be squashed together.

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Efficiency
The purpose of an escalator is to transport people. It performs this task efficiently, allowing individuals to move between potentially many floors of a building in a relatively short amount of time, when compared to a staircase, for instance. Because escalators are generally quite long, they allow a large group of people to get on at once and reduce the need for waiting periods typical of elevators.

Adjustable Speed
As part of its ability to reduce and control congestion, an escalator offers an advantage to building managers in that its speed can be adjusted to reflect how quickly crowds need to move. In a busy situation, for example, an escalator can be made to run slowly, so that passengers don't arrive in the same area as an already substantial crowd. Escalators can also save energy during quiet periods, since they can be turned off, essentially becoming a staircase.

Guidance
Escalators are effective when used as a means of guidance and circulation. In a complex transport situation, such as a city's subway hub, people need to be kept on the go, particularly at busy times, to reduce congestion and avoid excess waiting. Escalators are efficient at keeping people moving from one point to another. When used as part of a museum or similar building, an escalator is able to direct visitors to exhibitions or exits simply by its appearance and the direction in which it's travelling.

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Own Home or Paying Rent.

Own Home or Paying Rent.

     The two choices have their own advantages and disadvantages, for instance, renting permits you increasingly expendable cash for the time being, while at the same time owning a house gives one the feeling that all is well with the world as it is viewed as a long-term investment.

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luxury homes

Advantages of buying a home,

• Owning a home offers the long-term benefits of security, equity and potential growth in personal wealth
• The value of a home will appreciate over time and if you decide to sell, you can earn a profit off the sale.
• When you buy a house it becomes your legal property, which allows you greater freedom in its use without restrictions often enforced by a Landlord.
• Being a Homeowner allows you creative control of your property. You can alter the property, including décor changes, landscaping and renovations, to suit your needs and your style.
• You have the option of buying to rent which enables a Homeowner to generate income from renting out the property. This income can be put towards the home loan.

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Advantages of renting an apartment,

• Renting a property allows more flexibility than owning a home. This is ideal for those who could be faced with sudden changes such as job relocation. Renting requires no long-term commitment from a Tenant, and is the best option if you don’t intend on staying in one place for a long time.
• Moving out is easier for a Tenant than a Homeowner as there is no stress of finding someone to take over the lease, or finding a Buyer to purchase the property as this is the responsibility of the Homeowner or Landlord.
• After paying rent, a Tenant may have additional money which they can use to invest elsewhere, whether it is saving towards buying a house or investing in the stock market, and need not worry about putting additional funds into a home loan.

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