Are high-rise buildings safe in earthquakes?
Earthquake resistance: In India, most high-rise buildings are developed as per the local building bye-laws and the standards of National Building Code for structural safety. These are considered safe to withstand certain intensities of earthquakes.
Which apartment floor is safest?
Your views from a middle floor apartment are better than a bottom floor unit. There also aren’t as many stairs or long waits at the elevator. Seasonality and utility bills are also a major plus on the middle floor. Top floors can get hot and are difficult to cool down during the summer months.
Why are first floor apartments cheaper?
“It depends on the building,” explains Bitterman. “In a high-rise building, a first-floor apartment is cheaper. Having higher ceilings: While it’s not the case for all units, many first floor apartments have higher ceilings than other units in the building.
Why are ground floor apartments bad?
Still, the drawbacks can be deal breakers for some: Ground floor apartments are more likely to have problems with insects and rodents. Depending on the location and configuration of your apartment, you may have to worry about passersby peering in when the shades are up. Street noise is an issue.
Do apartments or houses get robbed more?
However, numbers may not play to your advantage when living in an apartment or condo complex. According to the National Crime Prevention Council (NCPC), these homes are 85 percent more likely to be burglarized than single-family homes.
Are corner houses more likely to be robbed?
Homes on the outskirts of neighborhoods are more vulnerable, because fewer neighbors will be able to see if a crime is being committed. Corner homes are iffy. They allow thieves to scope the area (including your habits) easily by simply driving by and naturally slowing or stopping for a turn.
Are ground floor flats more likely to be burgled?
Ground floor or basement flats are particularly at risk from break-ins, with these homes 48% more likely to suffer a burglary. Be conscious of leaving doors and windows open even when you’re at home – 22% of burglaries are carried out when intruders know homes are occupied.
Do apartments increase in value?
Apartments and townhouses appreciate in value over time. Investing in property is all about buying a property that will appreciate in value over time and deliver capital growth and good returns. It is not about just investing in one particular type of property such as houses because of the land content.
Why apartments are a bad investment?
Apartment Cons This cost effectively puts apartments out of range for many newbie investors. Apartments are also more difficult to finance and the financing is often much more expensive, with higher interest rates and substantial down payments. Repairs and maintenance are also often more expensive.
Are apartments hard to sell?
www.lease-advice.org.uk A freehold apartment will always be easier to sell and probably command a higher price than a leasehold property. Be aware that properties on retirement developments often charge an exit fee each time the flat is sold. High annual charges can also make these more difficult to sell.
What is the average life of apartment?
60 years