A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • What is a Builder Floor?

    A builder floor is residential units with independent floor and is generally low-rise buildings with two - four floors. On each of the floor of the building, a single dwelling is offered to the occupant, thereby making sure of privacy. Builder floor apartments are available at affordable rates as against a villa or a bungalow.


    • Helps in constructing an independent floor without the need to pay more for a bungalow or villa.
    • A builder floor apartment has separate electricity and water connection, ensuring a conflict-free dwelling, unlike bigger residential communities.
    • Maintenance fee and other charges are not applicable in builder floor apartment, unlike a developer project, also it ensures privacy.
    • Family members or friends can buy all floors of the building.
    • You can expect a better resale value as the entire floor is being sold.


    • Builder floor apartments do not have the comfort of a separate team to monitor the maintenance of the building leaving the owner to take maintenance work on their own.
    • When compared to massive complexes, builder floor apartments do not come with amenities such as swimming pool, clubhouse, gym, etc., as a builder floor is constructed with limited land and usually these types of builder floor apartments have very few occupants compared to a larger complex.

    Things to Keep in Mind When Investing in a Builder Floor

    • Verify the title deed of the property, this can be checked in the local registrar’s office.
    • Research about the builder as well the builder floor.
    • Cross-verify the reputation of the builder as well as any previous projects completed by the builder to ensure you receive quality construction and commitment.
    • Also, verify the base rate and circle rate of the place.
    • Make sure the sanction plan and the floor area ratio are within the guidelines laid down by the local municipal authority.
    • Check if the builder has received the occupancy and completion certificate for the said property to rule out any violations.
    • If the building floor apartment is a resale property, ensure the seller/owner of the property has paid utility charges such as water, electricity, etc.

    Difference Between an Apartment and a Builder Floor Apartment

    Key Factors Apartment Builder Floor
    Amenities Owners must pay for amenities such as gym, clubhouse, security, general maintenance of the building. Owners must pay only for utilities such as electricity and water.
    Privacy Based on the construction of the building, several families can share the floor. Only one family occupies the floor, ensuring privacy.
    Cost Costs are much lower as it’s primarily offered to middle-income as well as high-income individuals. Costs are higher as it offers privacy, space and better amenities.

    Difference Between a Builder Floor Apartment and a Multi-Storey Apartment

    Key Factors Multi-Storey Apartment Builder Floor
    Amenities Offers several amenities such as a fitness centre, clubhouse, swimming pool, etc. No amenities as offered on multi-storey apartments, except for utilities such as water and electricity.
    Privacy Usually contains more than 3 families on each of the floors. One family occupies the entire floor, offering privacy.
    Cost Cheaper than builder floor apartments as each floor has several apartments. Higher cost compared to a multi-story apartment; however, cheaper than a villa or bungalow.


    1. What are some of the key benefits of a builder floor?
    2. The primary benefit of a builder floor apartment is that it allows you to own an independent residential unit without having to pay a large amount needed for a villa or a bungalow. Apart from luxury and privacy, a builder floor apartment comes with freedom from maintenance charges. Additionally, the resale value of a builder floor apartment compared to a high-rise multi-storey apartment is much higher.

    3. What could be potential problems faced as an owner of a builder floor apartment?
    4. Maintenance activities must be undertaken by the owner, unlike larger residential units which are taken care of by the respective society. Also, community facilities are not available in most builder floor apartments due to a lesser number of families compared to large multi-storey apartments or societies.

    5. What are some of the drawbacks of a builder floor apartment?
      • There aren’t many reputed builders.
      • Risk of poor-quality construction.
      • Homebuyers need to undertake all maintenance activities or with the help of professional.
      • Facilities such as fitness centre, clubhouse, swimming pool, power back-up, security, etc., are usually not available in a builder floor apartment.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    This Page is BLOCKED as it is using Iframes.