Flat vs Apartment: Navigating the urban housing debate

Digital life has made the decisions over urban housing more challenging, and of course, the question about which is better – flat vs apartment. Although they are commonly used together, there are certain factors that differentiate them when it comes to the decision of buying and they are made unique while catering to every single person on our planet. In this blog, we will compare flats and apartments, learn about the differences between these two types of living spaces and discuss the pros and cons which will assist you to make a rational choice about your urban housing situation.

Difference between Flat and Apartment

While “flat” and “apartment” are often considered equivalent, there is a subtle variation in their meaning that distinguishes them. A flat, in most cases, refers to a single-storey residential living space that is fitted with many units in a single building. This kind of housing is generally seen in the old constructions and has a sophisticated but more traditional architectural design. On the other hand, an apartment is a more luxurious alternative with a modern design aesthetic. It is a part of larger complexes and buildings and extends across multiple stories. The spaces tend to be larger and frequently provided with amenities like swimming pools, fitness centers, and communal spaces as well.

Ownership structure stands tall as the distinguishing factor between flats and apartments. In the case of flats, homeowners or families are the residents and owners, however apartments can be owned by individuals, families or companies. Further, apartments are considered to be luxurious and for higher classes, while flats are associated with the middle class.

Demand for Flat vs Apartment Living in Bangalore

While there has been an ever-increasing demand for housing facilities in metropolitan cities like Bangalore, the demand for various housing options such as flats and apartments might change. The ongoing demand-war between flat vs apartment living depends on the location, residents[students or professionals], budget and also personal preferences. Apartments in Bangalore have been in high demand due to the limited availability of space, evolving lifestyle preferences and rapid urbanization. Apartments are considered to be luxurious and preferred by high classes, they offer various facilities to their residents like enhanced security, maintenance services and a sense of community. The privilege of modern facilities adds to the charm of the apartments making it an attractive choice for the residents of Bangalore.

Flats, on the other hand, have substantial demand in the market, however, they are usually seen in areas with narrow streets that makeup the old neighborhoods and blend with the residential and commercial properties. Flats are mostly preferred by bachelors and middle-class families as they are smaller and more affordable than apartments. Even though they are very similar to apartments, flats have a disadvantage when it comes to location and facilities. Most of the apartment complexes are situated in the heart of the city, making it easier to commute to work, stores, and entertainment hubs.

Pros and Cons of Living in a Flat and Apartment

The choice between living in a flat vs apartment is not as easy as it might seem, thus, you have to weigh the pros and cons before deciding on your home to be.

Pros of living in a flat:

The smaller number of units in the building provides you with more privacy and say in the issues regarding the building. It can be possible for the buyer to give suggestions about the construction materials, quality and amenities being provided by the developers when the property is still under construction. In addition, there is more privacy in the flats as there are fewer residents. This extends to the rules and regulations regarding the parking rules, pet ownership, etc. The cost of flats in most areas is less compared to apartments making it an attractive option for individuals with a low budget. Living in a flat gives you a chance to make modifications to it, reflecting your taste and preferences.

Cons of living in a flat:

Due to space constraints, the amenities provided by the buildings where the flats are located can be limited, unlike the facilities offered by apartment complexes like gyms, swimming pools and game rooms. If you are a person who enjoys having these facilities in the building then flats might not be the right choice for you. The residents of flats might also have to face problems with maintenance and cleanliness. This is due to the fewer residents residing there to keep track and pay for the maintenance. The problem of security is common among flats as there might be no security guards or just one.

Pros of living in an apartment:  

Living in an apartment gives you an opportunity to enjoy a spacious and luxurious home along with amenities such as a swimming pool, gym, gaming areas and clubhouse. The location of most of the apartments adds to the advantages it provides. Most of the apartments are located in the hotspots of the city, providing its residents with essential amenities in close proximity like schools, stores, transport facilities etc. You can also rely on the security and professional maintenance provided by these complexes as there are a significant number of residents contributing and keeping track of the services.   

Cons of living in an apartment:

An apartment can cost you more than a flat, which might be a problem if you are looking for budget-friendly housing options. Additionally, you can face privacy problems as there are too many residents in the building. As neighbors live their own lives and aren’t necessarily on the same schedule as other tenants, you might have to deal with noise disturbances that are likely to occur in larger apartment buildings compared to flats. Apartment complexes are governed by strict rules and regulations regarding parking, guest parking, pet ownership, changes to the flats and more, which can make the residents feel restricted. As a part of the huge apartment complex, you might not have a say in the issues regarding the building especially if you are staying there on rent.

Conclusion: What is best a Flat or Apartment?

Ultimately, the decision between a flat vs apartment solely depends on your personal preferences, lifestyle, demands and budget. If you are attracted to a cozy historical space that is more friendly in your pocket then a flat is what you will like. However, if you are someone who prefers modern amenities, convenience and a sense of community even if it means a higher price tag, then an apartment is what you should be looking for. Consider these factors when making a final decision, namely, location, budget, the type of amenities, and the kind of lifestyle you are willing to live. To make the right choice between flat vs apartment, consult with the best real estate company in Bangalore, Jones Asset Management.