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What is a Standalone Building - Pros and Cons of Standalone Buildings VS Gated Communities
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When it comes to selecting your home, there are a lot of available options in the market. However, all these options can be widely categorised into two categories- standalone and gated. A standalone building is a simple building without any promised amenities. On the other hand, a gated community offers well-organised amenities in a planned neighbourhood. Let's weigh Standalone Building VS Gated Community, the pros and cons of both these categories and find out what is the most preferred type among the new-gen buyers.
What is a Standalone Building?
The standalone building definition is a residential complex or building which is free-standing, made from the point of view of a single-family occupancy. These buildings generally lack amenities like a gymnasium, swimming pool and security guards. The price of a standalone building is significantly lesser than a gated community.
What is a Gated Community?
A gated community definition is a form of residential housing that was primarily developed to reduce the real estate cluttering happening in major cities of the world. As the name suggests, a gated community is an enclosed, well-maintained building with amenities being provided by the developer.
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Pros and Cons: Standalone Building vs Gated Community
Here, we compare the two types with 4 parameters: advantages of a standalone building, disadvantages of a standalone building, advantages of a gated community and disadvantages of a gated community. Let’s compare all the pros and cons and check what is the better-suited type as per current times.
Advantages of a Standalone building | Advantages of a Gated community |
Security can be a cause of concern even with a guard present | CCTV cameras and trained guards make it more convenient. |
Owners need to arrange a power backup and water source on their own. | Treated water facilities and backup power supplies are easily available. |
No additional amenities. | Havel complexes inside the gated community that caters to daily needs. |
The credentials and quality of work of the developer may be questionable. | A flat in a gated community ensures the quality of work. |
Cose to central areas, usually constructed in city-centres | Commuting may be difficult, situated away from the central locations. |
A flat in a standalone building is very affordable due to the lack of amenities. | Property prices in a gated community are priced 10%-40% higher than a standalone building. |
Usually preferred by bachelors and students. | Usually preferred by families. |
Disadvantages of Gated Communities
A major disadvantage of a gated community arises from the price factor. Most of the gated communities are high-rise apartments with rates reaching crores of rupees for a decent space. The maintenance cost and added charges only add to the total bill making the whole deal very expensive.
Disadvantages of Standalone Buildings
Standalone buildings beat gated societies in price points but lack major amenities to make up for the price difference. For instance, an apartment in a standalone building may lack a security guard, parking facilities and/or common spaces.
Should Home Buyers Choose a Standalone Building or a Gated Community in India?
A standalone building comes with its own set of advantages and disadvantages. Based on the table above, you as a buyer can compare the two categories and see which option makes more sense for you. Although the advantages of a gated community may far outweigh a standalone building, India is a country where affordable housing options are always in demand. The advantage of a standalone building includes affordability. There is a significant price gap between the property prices in a standalone building and a gated community. Standalone buildings are a great option for real estate investments as they are always in demand amongst students and bachelors. The low property prices make sure that the rental income is steady and it helps in covering the expenses of the building
Tips to Buy a Standalone Building in India?
If the advantages of a standalone building, have you convinced for investing in one and you have made sure the disadvantages of a standalone building aren't that important for you, here are some experts suggested tips to follow while buying a standalone building in India:
- Check Budget: Never overspend without a plan
- Try opting for a prime location: The property price is directly proportional to land value and hence, prime locations should be preferred.
- Consider the resale value and rental rates of the area.
- Registration fees and stamp duty charges should be compared.
- Get your property insured to cover any additional cost.
Now you have all the ideas of Standalone Building vs Gated Community. There are some minor disadvantages of a standalone building. However, the affordability factor is a huge checklist in many property buyers. If you are looking for the best standalone buildings in your city, end your search with NoBroker and save huge with our zero-brokerage promise. Comment about your real estate requirements under this blog and our executive team will be in touch with you. looking to buy a Standalone Building check out our buyer plans.
FAQs
Ans. A free-standing residential real estate is a standalone building, meaning, the property has zero to no amenities present.
Ans. Standalone buildings have zero to nil functional amenities. This leads to fewer or no open areas around the flats. Common facilities for the residents are also not available. The lack of proper security is also a major point of concern.
Ans. A gated community has well-established amenities present at the residential complex. A major disadvantage of a gated community is the soaring price. Generally, a property in a gated community is 20-60% more expensive than a standalone building.
Ans. A gated community is a residential community with well-established amenities whereas a standalone building is a free-standing building with no to zero amenities. If you are looking for an affordable housing option, a standalone building is your go-to choice. However, if you want a comfortable residence with all functional amenities, investing in a gated community would be a smart choice. Compare the pros and cons of both categories and decide which option makes more sense to you as a homeowner.
Ans. A gated community is a residential community with well-established amenities present. As the name suggests, a gated community is an enclosed, well-maintained building with amenities being provided by the developer.
Ans. A Gated society offers more in terms of amenities and comforts and hence is more costly than a standalone apartment.
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