A gated community is a residential community where the entrances in the colony or locality are restricted via gates. Gated community meaning as far as I know is a residential locality where the outsiders are not allowed without permission. These usually have smaller streets, parks, common areas for residents, pedestrians, and automobiles. The gated communities are usually looked after by the Resident Welfare Associations.
What are the pros and cons of a gated community?The what is a gated community meaning is pretty clear now I hope. Let us check what are the pros and cons of living in a gated community.
ProsIf you decide to live in a gated community, these are a few pros:
You will have access to the good security system and the area will be safer
If you wish to sell the property in future, then you can expect a good return on this investment
It is a convenient arrangement when it comes to having a social life and if you are up for a community living, this is a perfect option
Although gated community flats have good return on investment, there are chances that if you are buying a property here it will be priced at a higher side than standalone building
Your visitors may have a hard time entering the area without proper permissions and checks
You may end up paying higher maintenance fees.
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Authors Of The Question
What is a gated community?
Lakhan
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1 Answers
3 Year
2021-09-16T15:11:45+00:00 2021-09-21T15:44:29+00:00Comment
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