Difference Between A Builder Floor & A Multi-storey Apartment

Many people are unaware of the array of residential options that are available to us in the form of builder floors, multi-storey apartments, etc. So it is safe to say that India's real estate sector has an overwhelming range of options stored for us. All we have to do is book using a right-click! But the question that constantly barges in our mind is what is the basic difference between a builder's floor and a multi-storey apartment. So, in order to find out the difference based on some parameters, this blog will come into use for you guys!

Especially because, for many people, a real estate investment is a one-time investment. There is no point in purchasing a property and regretting later in life. So let's dive in and see what's in store for us without wasting any time. 

The basic difference between a multi-story apartment and a builder's floor.

A Multi-Storey Apartment

An apartment is said to be a self-contained residential unit inside a building. Either one can own an apartment or can occupy it for rent. In a multi-storey building, an apartment is a self-contained housing unit. They offer better security and common facilities as compared to a builder's floor. Usually, a multi-storey building has more than 4 floors and can go upto any number of floors. Depending on your budget, you can get furnished or unfurnished apartments. 

A Builder Floor Apartment

In a low rise building, a builder floor is an independent floor unit, which is either available with or without amenities. In layman's terms, each floor is a complete home with separate water and electricity bills. In plotted residential colonies, builder floor apartments are built on smaller plots. These apartments are slightly more expensive than other types of apartments. It is because it provides you with complete freedom and is highly preferred by people who want to maintain their privacy and enjoy larger spaces. It is hard to find a standardized style in builder floors as available in multi-storey apartments. While a builder floor apartment will offer you independence, there are also chances that you alone will have to take care of the security and maintenance issues all by yourself. 

Comparison between a Builder Floor vs Multi-Storey Apartment

Here’s the conclusion…

Choosing a multi-storey apartment or a builder floor apartment is based on personal preference. They both have their pros and cons. Nevertheless, you can make up your mind based on these points-

• Choose a Multi-Storey Apartment if you want a secured place, community living and more amenities for your family. 

• Choose a Builder Floor if you want to enjoy independence, privacy and more space. Also when you don't wish to pay for mandatory maintenance expenses. 

We would love to know which one you and your friends choose! So let us know in the comments below!

Also read: Top 10 Factors To Consider When Choosing The Right Floor In A High-Rise apartment