Articles

Why We Prefer Mid-Rise Floor Apartment

by Priya G. Real Estate Business Expert
The tastes and preferences related to real estate vary from one person to another. One may prefer low-rise building, while the other may prefer mid-rise or even a high-rise building. Hence, the options for a person investing in the flats in Ghaziabad are very diverse. Having said that, you should cautiously select the type of property or building you want to invest in. 
if we go as per Indian preferences, the demand for mid-rise floor apartment is much higher than other options. Although it cannot be said that every Indian prefers a flat in mid-rise building, yet it should be noted that the majority portion of consumers, do look for mid-rise floors. 
Here are some reasons that explain the above fact - 
Metrohomes Dec'18
1. Skyscraper Culture Is Not Popular
One of the biggest reasons behind the increasing demand for mid-rise flats is the unpopularity of the skyscraper culture. Most of the big metropolitan cities are slowly adopting the culture of living in high rise buildings. However, this culture is still not much popular in Delhi, Noida, Ghaziabad and other such cities. 
2. Much Affordable
As you go down, the price of the flats increases. Hence, even in high rise buildings, most of the buyers prefer to choose a floor that falls somewhere in the middle, for example 8, 9 or 10. Also, the mid-rise apartments are much affordable for people belonging to middle class society (a segment of customers that constitutes the majority portion in Delhi NCR and other regions). 
3. Better View
Apart from offering the most affordable flats in Ghaziabad, the mid-rise apartments also offer a better view than its counterparts. Even if you purchase the highest floor in the mid-rise apartment, you won’t feel as if you are climbing in the sky. Also, the entire view from the balcony would be picturesque. 
4. Increase in Buying Power
In mid-rise floor apartments, the buyer power of the customer increases. This is specifically related to affordability. As mentioned above, mid-rise flats are much affordable. This makes a customer powerful enough to purchase an entire floor (that may contain at least 3 apartments), which is often more affordable than buying a villa. Hence, the buying power increases. 

Hence, it can be rightly said that purchasing 1, 2 or 3 bhk flats in Ghaziabad in mid-rise buildings is a great way to save money and enjoy multiple luxurious facilities at very nominal rates. Mid-rise floors are definitely better, and if you are specifically for a property in Ghaziabad, you should go for the mid-rise option.


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About Priya G. Advanced   Real Estate Business Expert

149 connections, 4 recommendations, 434 honor points.
Joined APSense since, September 23rd, 2016, From Ghaziabad, India.

Created on Dec 26th 2018 05:29. Viewed 229 times.

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