In the residential real estate space, there are two types of apartments or homes a homebuyer generally considers for his/her stay. One is a ‘high rise apartment’ and the other is a ‘low rise apartment’. If you are in the market for a new home, chances are you might have to choose between the two. Now to clarify, a high rise generally refers to a tower/building over a certain height or unit of stories. The limit of the height or stories may differ from geographical locations to other countries or even density of the population an area has. As per Yardi Matrix, low-rise developments are houses or apartment complexes that are up to just 4 stories high. There is one more category, which is very popular in semi-urban areas with moderate populations and small industrial hubs called ‘mid-rise apartments.’ Mid-rise apartments are typically 5-10 stories high.
High-rise v/s Low-riseNow you might be in a dilemma, whether to go for a high-rise, mid-rise or low-rise development. Well, before making that choice, first you need to ensure that the builder from which you are buying your home is a reputed one or not. Especially, when it comes to finalizing an apartment in the project of your choice, there should not be any doubt. You need to rest assured about the project. Bollineni Zion by BSCPL in Chennai is one of the considerable projects to choose from. If you are looking for 2 BHK flats for sale in Sholingallur OMR in Chennai, Bollineni Zion is the place for you! Now going back to the question, whether to select a high-rise or low-rise apartment – well quite frankly, it depends on the lifestyle you want and the type of homes that are within your budget. Affordability matters a lot when it comes to making a large investment such as buying a home. There are multiple factors apart from affordability and lifestyle that affect your buying decision.
Benefits of High-rise ApartmentsThere are a couple of advantages of living in high-rise flats that you should consider.
- Scenic Views:
- Serene Environment:
- Secured & Safe Area:
- Socializing in a Like-minded Neighbourhood: