The decision to purchase a villa or an apartment ultimately depends on the buyer/s preferences, lifestyle, and intended use. For instance, apartments are generally more affordable compared to individual houses and often come equipped with amenities such as gyms, swimming pools, elevators, and security services. However, apartments tend to be smaller in size, may lack privacy due to shared walls and ceilings with neighbors, and often have restrictions regarding parking spaces and pet ownership. Additionally, the resale value of apartments can be lower, as the Undivided Share (UDS) allocated to each unit typically does not exceed 50% of the living area.

In contrast, individual houses offer more spacious living environments, both indoors and outdoors, along with greater privacy. Homeowners enjoy the freedom to make renovations and keep pets without restrictions. Furthermore, the entire UDS is registered in the homeowner/s name, and property values tend to appreciate year over year. However, it is essential to consider the responsibilities of maintenance and security, which fall entirely on the homeowner, as well as the inability to develop shared amenities like those found in apartment communities.

If affordability, convenience, amenities, and security are your primary concerns, purchasing an apartment in Chennai may be the best option. Conversely, if you prioritize spaciousness, privacy, and the potential for long-term customization, an individual villa would be more suitable.