Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT
Loans For You
Loans for Business
Investment
Insurance
Apply

Quick Links for loans

Quick Links for Insurance

Investment

Offers Quick Pay
Back

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure
Know More
Back

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required
Know More
Back

New Commercial Vehicle Financing

  • First time user
  • Retail and strategic Clients
Know More
Back

Used Commercial Vehicle finance

  • Repurchase
  • Refinance
  • Top up
  • Balance Transfer
Know More
Menu  
 
Apply Now

Tata Capital > Blog > Loan for Home > What is Builder Floor Apartment?

Loan for Home

What is Builder Floor Apartment?

What is Builder Floor Apartment?

Homebuyers these days are exploited with an extensive range of choices. In this buyer-driven market, the developers closely monitor the spurting tastes and take prompt action. Such builders hunt every opportunity to introduce a new design that matches with their changing lifestyle. One such development is a builder floor apartment.

What is a builder floor apartment?

A builder floor apartment is a residential unit in low-rise buildings. These buildings generally have two to four floors with apartments of the same configuration. Each floor is an independent unit. The floors can be developed by the builder on his own or in collaboration with the landowner.

Many times, the original owners redevelop an existing structure by adding more floors to a building and sell it to independent people. In metro-cities, the builders retain at-least one floor since the land price accounts for the majority of the property value.

Although skyscrapers leave some people awestruck, there is a growing desire among buyers for independent living. The advent ofbuilder floor apartments has met the needs of those who fancy independent living but are constrained by the high prices. This is an innovative solution to match luxurious lifestyle tastes with feasible prices.

Additional Read: Top 5 Real Estate Brands Offering Duplex Apartments in Mumbai

What are the benefits of a builder floor apartment?

The builder floor apartments are a growing choice among people who crave for independent living. This type of apartments can benefit you in the following ways:

  • These apartments allow you to own independent floors at feasible rates. In comparison to independent bungalows or villas, these apartments are more affordable.
  • The buyers of builder floors have the freedom from paying maintenance or other charges which are mandatory in developer projects with multiple facilities. The buyers only need to opt for facilities they actually use.
  • The original owners of a property can restructure their property into builder floor complexes and sell it to friends, extended family or like-minded people to build their own community.
  • The separation of water, electricity and other charges for each floor avoids disputes. This also ensures that independent owners have more control over their expenses.

Buying abuilder floor apartmentis considered to be a lifestyle choice by many experts. So, if you are looking for a new place, this is just the choice for you. It saves you from the charges paid in developer projects for multiple utilities. You have control over the amenities you need and pay for. Moreover, who doesn’t like an independent lifestyle!

Additional Read: Want to Own a Home? Find Out How to Buy a Home

If you are planning to buy a home, Tata Capital is the destination for all your financial needs. Our expertise and excellent customer service make us India’s one of the most trusted sources for loans. We provide hassle-free home loans with minimal documentation.

We provide attractive home loan interest rates. For a faster process, check your home loan eligibility using our online calculator.

Get in touch to learn more about our loan products and how you can upgrade your lifestyle with them.

Apply Now

Say Hello to Your New Home with Our Easy Home Loans!

Apply now
Popular Searches
anyror modt charges 712 utara online gujarat pre emi calculator earnest money deposit Goa Land Record earnest money khasra number meebhoomi Assam Land Record
Disclaimer

Most Viewed Blogs

Trending Blogs

Calculator

Personal Loan EMI Calculator

Personal Loan EMI Calculator
Home Loan EMI Calculator

Home Loan EMI Calculator
Business Loan EMI Calculator

Business Loan EMI Calculator
Used Car Loan EMI Calculator

Used Car Loan EMI Calculator
Two Wheeler Loan EMI Calculator

Two Wheeler Loan EMI Calculator
Loan Against Securities Calculator

Loan Against Securities Calculator
Loan Against Property Calculator

Loan Against Property Calculator
More Tools
Our Subsidiaries
Our Other Websites

Important Information

Investor Information

Visit us on:,Visit us on: www.tatacapitalmoneyfy.com,www.tatacapitalmoneyfy.com

Our Private Equity Funds

Amalgamated Companies

Top Branches
Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Policies, Codes & Other Documents

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Tata Capital Solutions & Services

Uh oh, something went wrong

Please try again later.