What is a Builder Floor & How is it different from an Apartment?

02 APRIL, 2025

Selecting the perfect living space is a significant decision, both financially and otherwise, requiring consideration of multiple factors. Builder floors are gaining increasing popularity for residential choices among many. They offer unique features to the prospective owners, privacy being a major one. Apartments are another popular option, offering attractive features different from builder floors.

As you decide to buy your dream home and check out financing options for the same, the decision between a builder's floor and an apartment will require a thorough comparison. This article shall provide you with an extensive overview of a builder floor, followed by explaining how it is different from an apartment.

What is Builder Floor?

A builder floor is a standalone residential unit that takes up a whole floor in a low-rise building, which is usually between two and four floors. A single-family occupies each floor, which creates an element of privacy and exclusivity similar to a detached house. The self-contained residence building is constructed on a small to medium-sized property. It usually covers a space of more than 1500 sq. ft. Each floor is sold at different price tags.

Key Features of a Builder Floor

Following are the key features of a builder floor.

The construction of the builder floors is typically low-rise, going up to four floors.
Each apartment is spread across the entire floor with no division for shared spaces.
Each floor is designed with dedicated energy and water sources, further eliminating any dependence on other floors.

Perks of Living on a Builder Floor

A builder floor provides residents with multiple perks, including:

Increased Privacy: The constructional design of one unit per floor provides residents with a private living space without neighbouring units right next to them.
Generous Living Space: The units are usually designed with larger living spaces, suiting families requiring extra space.
Exclusive Community: Families with multiple members or extended families can buy all the floors in a single building, creating an exclusive community.
Personalisation: The owners are free to customise interiors without the restrictions normally experienced.
Decreased Maintenance Charges: Lack of large common facilities can result in lower maintenance charges.

Builder Floors vs. Apartments

A builder floor is considerably different from an apartment. The latter refers to residential units built within multi-story buildings. Apartments are typically part of a housing complex with facilities and common areas to be shared among all residents.

Here is a comparison of the key features of a builder floor apartment to help you make the buying decision:

Privacy and Independence

Builder floors occupy a floor entirely with an independent entrance, ensuring increased privacy and an independent style of living.

On the contrary, each apartment shares the space with the other apartments on that floor, which results in shared corridors as well as shared spaces. It can have a lower level of privacy.

Structure and Ownership

Builder floors are found in low-rise structures with a two or four-floor complex, where every floor is independent, providing for a more exclusive living experience.

Apartments, generally situated in high-rise buildings, form part of a larger development with joint ownership of common property and facilities.

Amenities and Maintenance

Builder floors have fewer community amenities, making the cost of upkeep the responsibility of individual owners.

Apartments provide varied communal amenities, including gyms, pools, and security, with upkeep governed jointly, which results in periodic maintenance fees.

Cost

Builder floors tend to be more expensive initially because of the exclusivity and bigger space, but can provide higher resale value in the long run.

The prices of apartments are usually cheaper compared to building floors, with the costs spread across more units. However, they can appreciate differently depending on market conditions.

What is Your Best Pick

The matter of the ideal pick depends on individual requirements and preferences. If privacy or a more exclusive living space is your priority, a builder floor is the best option. Large families or extended family members looking to create a communal living space will also find a builder floor more suitable.

An apartment is a better option in terms of a lower price point. It will give you the chance to build an interactive community life.

Summing Up!

Whichever you choose between a builder floor and an apartment, map your financing needs beforehand. Get familiar with the location and market, and then you can figure out what kind of home loan you require. Check out Kotak Mahindra Bank home loan solutions to enjoy competitive interest rates and flexible tenures with minimal documentation.

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Frequently Asked Questions

Can I modify or renovate a builder floor as per my preference?

Yes, you can modify or renovate your builder floor as you like. They are independent purchases. Except for structural changes, you can make alterations based on your preferences.

Do builder floors offer parking spaces?

Some builder floors may offer parking spaces. It depends on the space availability in the respective building you are buying at.

What legal considerations should I keep in mind when buying a builder floor?

Carefully check the property title. Make sure the sanctioned plan and floor-to-area ratio are as per the local municipal authority's established requirements. Enquire about the reputation of the landowner and builder. Finally, find out the applicable circle rate and the base rate.