Different Options of Residential Property in Bhopal The profession of real estate in Bhopal is getting demanding and popular because property in Bhopal is the basic need of every class of the social community. People owe a house for living space depending on their financial budget. Also, while finalizing a house, there are certainly other factors that are also considered. That is the reason; a property in Bhopal is finalized with a merger of preferred house type, ambiance, aesthetics, existence, budget, and family status. Thus, it can be said that houses are a combination of configurations. So, here are different types of residential properties:
Single-family house – Often abbreviated as SFH, single-family houses are built on a single plot, not sharing any wall with other buildings. The prime benefit of such property is that it offers superior priority and comes with a lot of floor space than any other type of homes. Such a property in Bhopal generally comes with private front and back yards. Since a house owner holds a sole ownership on all the four-side of the walls, he is free to choose any type of home design. Also, it has a great resell value than any residential property in Bhopal like condos and townhouses. Condominiums – Condominiums or condos are single units or apartments within a huge building or residential community. Generally, condos type houses share a wall or two with other apartments. The house type comes with a compulsion of association with homeowner’s which demands the tenants or residents to pay monthly or annual dues. This is the most preferred property especially, in modern and high-density areas having several restaurants and shops around. The prime benefit of such house type is that there is limited responsibility on the homeowners for contributing their role in maintaining and upkeeping the property. Further, some modern condos also offer lounge areas, gyms, swimming pool, and other amenities which are probably tough to afford for a single-family home, mentions the professional real estate advisors in Bhopal. Town house – Basically, town house is a western trend which has become extremely popular in the last few years. Townhouses are a fusion of a single-family home and a condo style. They generally have multiple floors along with a single or two shared walls with other apartments. Town houses come with a comparatively small yard space and rooftop deck. Such real estate property in Bhopal is generally smaller than a single-family home, but, is larger than a condo. Moreover, they offer more privacy than a condo might afford. It is mandatory to have home owner association or joint maintenance agreements if
the flat is given to a tenant or shared between two parties to share upkeep and maintenance cost of the house.