Bungalows – an ideal investment option
With beautifully crafted and lavishly furnished interiors, bungalows have been symbolizing a grand lifestyle since times immemorial. They usually comprise a single floor and cover a larger space on ground. Thanks to Hindi films, bungalows are perceived as a more attractive alternative for one’s dream home than a simple apartment in a building.
In India, there are two ways in which one can live in a bungalow. The first is purchasing a plot and constructing a house on it as and when you can and second is by booking a home in a large township project by reputable developers. Most people desirous of staying in a bungalow opt for the latter method.
So, why are bungalows an ideal choice for your dream home? Although bungalows cost much more than a flat, they promise a sophisticated lifestyle in a fairly established society, making them totally worth it.
The timeless appeal of bungalows has always kept them in fashion in the real estate markets. A big house in a prosperous locality is sure to enhance your social status and is often viewed as a sign of affluence.
Larger space in a single floor is good for joint families, keeping the culture of togetherness intact. Moreover, bigger outdoor space in the compound allows children to create childhood memories and ease of movement for senior citizen in the comfort of their home.
Bungalows may cost one more than an apartment, but their value appreciation over a period of time is also double over a flat in a building. The value of the property is even higher if it is situated in a flourishing locality. It is better to buy a bungalow in a township as you get a ready-made, ready-to-live home and superior quality view due to the sheer scale of the project.