Plot Vs Apartment: Which is better to buy in Calicut

Calicut is a beautiful coastal city in the northern part of Kerala. An ancient port, this cosmopolitan city has always welcomed everyone, regardless of their background. Today it’s an important centre of trade, and the food capital of Kerala. You can find lip-smacking delicacies from all over the world. The IT industry here is booming, bringing a host of opportunities for entrepreneurs and professionals. The city’s infrastructure is excellent, with several outstanding educational institutions, hospitals, a planetarium, international airport, major roads, and rail connectivity. This is what makes Calicut an attractive option for people to settle down.

When you are thinking about a new residence for yourself and your family, you have to craft your real estate investment strategies in Calicut very carefully. There are many options available for you; you can purchase a villa, apartment, an individual house, etc. Another option is to purchase a piece of land, also called  a plot, and construct your house on it. 

So which is better to buy, plot or apartment?

Each has its own pros and cons, so let’s take a deep dive into them and see which one you should purchase.

Advantages of buying Apartments in Calicut:

You get a Ready-made Residence

Whether you book a flat at the construction stage or only once it is complete, everything is taken care of by the builder. You don’t have to worry about anything, other than choosing which floor and what configuration you want. Once the flat is ready to occupy, you simply need to do up the interiors, and you can move in with your family. It’s a hassle-free process.

It Offers More Security

Apartment buildings are gated communities, with 24 hour security guards, fob entry for vehicles, CCTV surveillance, huge manned gates, biometric entry for residents, visitor screening, and so on. You and your family are safe on the premises.

Help is Close By

As there are at least 4 flats on each floor, you are never short of neighbours, and have someone to call for help when you need it. It could be something as simple as needing a kitchen ingredient, or in the case of a medical emergency as well.

Community Life

There are loads of people in a building, with whom you can share your happy moments, and celebrate festivals. The more, the merrier! With so many people around, everyone is sure to find some company according to their age or interests.

Enhanced Convenience

In an apartment, many things are taken care of for you: garbage collection and disposal, cleaning of common areas, garden, and other facilities, payment of property tax, utility bills, arranging for repair technicians like electrician, mason, plumber, carpenter, and so on. You don’t have to worry about anything.

Amenities for an Enhanced Lifestyle

For many home buyers, the answer to the question which is better to buy, plot or apartment, lies in this factor: lifestyle amenities. It provides an opportunity for middle class families to indulge in a luxurious lifestyle, as builders today provide exceptional amenities to attract buyers. Here are some of the amenities that you can expect in flats today:

• Swimming pool
• Gym
• Landscaped gardens
• 24-hour power backup
• Multiple high-speed elevators
• Children’s play areas
• Special courts for basketball, badminton, etc.
• Clubhouse with indoor games like table tennis, carom, etc.
• Library
• Party hall
• Rooftop party area
• A/V room
• EV charging stations
• Pet care
• Day care
• Salon
• Car wash facilities

When you get all these facilities right where you live, life becomes not just comfortable, but luxurious. And the best part is that these come at an affordable price tag as the cost of these amenities gets spread over a number of units.

Legal Aspects are Taken Care of

Construction, whether of a house or building, involves many legal formalities and documentation. From getting the plan passed, to zoning permits, NOCs occupancy certificate, and so on. When you buy a flat, you simply have to ascertain that the builder has all the papers in order. You don’t have to get any paper ready, it is all done for you. Unfortunately, some people are not aware of the documentation required and the legal formalities involved. This is one of the mistakes to avoid when investing in flats.

Drawbacks of Buying a Flat

Compact Space

Flats are usually smaller than individual homes, with just 2 or 3 bedrooms, a living room, and a kitchen. If you have a large family, or need extra rooms for any purpose, this may be an inconvenience.

Less Privacy

With a number of neighbours around, you may not get the privacy you want; you have to be mindful of your neighbours and cannot disturb them with noise at odd hours, and so on. There is also the danger of you getting disturbed by noisy neighbours.

Advantages of Buying a Plot

The main advantages of buying a plot are that you can design the house exactly as you want it, with as many rooms as you want, and the kind of layout you want, and so on.

You can also have some outdoor space for your own garden, and it’s easier to have pets when you have an independent house.

There is a lot more privacy as you don’t have anybody sharing your walls.

Drawbacks of Purchasing a Plot

Perhaps the biggest reason to not answer in favour of plot to the question which is better to buy, plot or apartment, is that you have to put in hours of effort when you build your own house. You can always leave the entire thing to a contractor, but then you cannot be sure that everything will be done to your specification, especially with regard to quality.

You will have to make endless trips to various government offices to get all the required documents, and this could take hours every visit.

Installing a swimming pool and other amenities will be next to impossible as it will cost a very huge amount. Buying a plot itself can be very expensive; add to that the cost of constructing a house by yourself, and it can be prohibitive.

Conclusion

We can safely conclude that the answer to the question which is better to buy, plot or apartment, is apartment. Buying a flat is hassle-free and fast. This is especially true when you buy a flat from a reputed builder like PVS Builders. With top-class amenities and RERA certification, PVS Builders has some of the most exceptional apartments located in the best residential areas of Calicut.