The real estate market today has a plethora of residential properties to offer to those who wish to invest in this sector. These real estate products not only vary in terms of locations, amenities, and price range, but also in specifications.
The residential real estate market in Chennai is a mixed basket that includes flats/apartments, condominiums, villas and independent houses, builder properties, etc., among others. Out of all these residential properties, the ones that are more commonly in demand are apartments and independent houses. While you have a basic idea as to what a flat or apartment is, this piece is meant to give you a good look into the concept of independent houses.
So, for help with finding the right independent house for sale in Chennai, keep reading.
What Are Independent Houses?
The term “independent house” generally refers to a residential property that is located on an individual plot of land and has its own boundary. The basic thing to understand here is that the land on which the property stands belongs to the owner of the house as well.
It is however important that you do not get confused between independent houses and independent villas in Chennai, when you looking for a property. A villa in a metropolitan like Chennai, despite being an independent house, may possibly be a part of a gated complex with villas that share amenities like swimming pool, basketball court, gymnasium, parks, etc.
Again, villas commonly have two or more floors, whereas with independent houses, that’s not a mandate.
What To Look For When Setting Out To Buy An Independent House?
To get the best value for your money, here are a few factors that you must take note of when searching for an individual house for sale in Chennai –
Location Of The House
People generally look for a property in a location that allows them to easily access places that they mostly frequent, such as the workplace, college or school, entertainment or shopping centres, friend’s or relative’s place, etc.
The place should be well-connected via roads or metros to other significant locations within the city. When looking for an independent house for sale in Chennai, you would also want it to be located in an area that is safe for you and your family to reside in. Having parks and pools or recreation areas close to the house would also help enhance your comfort and convenience.
Size Of The Plot
The size of the plot is something that you need to give your attention to, especially if you have a specific preference for small or large houses. In certain neighbourhoods, the plot sizes of all houses are fairly the same. And then there are others, wherein the plot varies not just in size, but also shape, with some being rectangular, pie-shaped, and others being irregular.
You should also spare a thought about the space that will be left for you to build a house when you subtract the lawn and driveway from the total plot area.
Number Of Bedrooms
Bedroom requirement is something that differs from family to family. Mostly, people prefer to have at least two bedrooms in their houses, and if they have children, the number generally increases. Again, while in some families, kids share a bedroom, there are others that need a separate bedroom for each of their kids.
If you happen to have visitors quite often, then it will also help to have a room designated as a guest room. Besides, it always helps to have an extra bedroom, as you can use it as temporary workplace or kid’s playroom when you need.
Number Of Bathrooms
Apartments generally have a fixed number when it comes to bathrooms, which is two, unless each room comes with an attached bathroom. But that’s not the case with independent houses. So, when looking at independent houses for sale in Chennai, it is best that you know the number of bathrooms you would prefer to have.
If you are looking at a pre-built house, you need to make sure you can work with it, if remodelling isn’t an option. The size and style of the bathroom are a few other points to note in this respect. Once you think about the people who will be using the bathroom, you will get a fair idea about the size and style you need.
Believe it or not, but the kitchen is the heart of the home. The kitchen is where food for the entire household is made and sometimes, also where friends visiting you hangout. Now, given the multiple roles it plays, the layout and size of the kitchen is pretty important. You need to make up your mind whether you want a large kitchen with lot of counter space or one that is of standard size.
A modest kitchen is generally sufficient for a family of two or three. However, families that enjoy large meals or extravagant cooking might have different preferences with respect to the kitchen space and style.
Age Of The House
Unless you are someone who wants to completely reconstruct a house, the age of the house is something that you need to take note of. Older homes bear certain appeal or character; however, many a times, they also need repair or upgrading. So, if you are opting for such a house, you will also have to ensure that you have enough budget, time, and inclination as is needed to manage the project.
People looking for a house in a particular budget range also opt to look at pre-built houses.
Price Of The Property
Even though listed last, the price of the property is by no means the least of all the points that you must consider when looking at an independent residential property. It is in fact one of the first things that you need to look into when you plan on purchasing a house of your own.
You must understand that purchasing an individual house is a huge investment. You will need to determine your price range and also get a pre-approved loan, if needed.
The reason why so many people opt for an individual house for sale in Chennai or any other city, for that matter, is because it allows them all the power of the property. So whether it is an extension or the remodelling of a house, you do not need to seek anyone’s permission.
You also get maximum privacy in an independent property as you are not sharing your space with anyone else. You can also choose to sell the property in its entirety or in parts, whenever you like.