Due to the enhancement of the real estate market in Pakistan, more people are considering investing in housing societies, such as Blue World City. Besides the fact that the planned communities are safe places to live, there are numerous advantages available that make them an extremely attractive option for homebuyers. Yes, advantages exist, but a few disadvantages have to be considered before buying a plot or a house. In this article, we go through various advantages and disadvantages of buying property in a housing society, focusing on one example: Blue World City.

Advantages of Buying Property in Housing Society

1. Security and Safety

One of the major benefits that come with residence in a housing society is security. From Blue World City to other developments, these societies usually have gated entrances, 24/7 vigilance, and security staff employed; all this contributes to comfort and a sense of safety for the people residing within.

2. Amenities and Facilities

Amenities and facilities in housing societies can include, but are not limited to, recreational areas, parks, shopping centers, schools, and other educational facilities. Examples of such facilities can be seen in Blue World City. This makes the housing scheme self-sufficient and reduces the tendency for its inhabitants to leave the premises for anything.

3. Planned Infrastructure

The purpose behind the conceptualization of any housing society is to focus on getting efficient infrastructure in the shape of well-maintained roads, reliable utilities, and proper waste management systems. This, subsequently, makes the act of living easier in a housing society by reducing much hassle of dwelling in the society. This ensures that residents have a higher quality of life.

Disadvantages of Buying Property in a Housing Society

1. Higher Costs

Property buying in a housing society may be more costly as compared to the purchase of land or a house in a non-planned area. Sometimes, the cost of land, and development cost along with that of amenities reflects in the property prices. So, quite an investment of money is involved for buyers to afford this. 

2. Strict Rules and Regulations

Housing societies generally have an exhaustive list of dos and don'ts that the owner-occupier is strictly expected to adhere to. The restrictions can range from renovations to keeping pets to exercising one's choice in the usage of common areas. While these rules are implemented to preserve the community's standards, there are times when they can be considered a hindrance to personal freedom.

3. Possibility of Delays

Sometimes, the development of housing societies can be easily restricted or fully obstructed due to some problems such as legal disputes, monetary crises, or unfavourable alterations in government policies. Such situations make people frustrated since they have already invested in a particular project and may not receive possession on time.

Conclusion

Investing in a housing society might be one of the wisest decisions, but these should not be taken in a rush without weighing the pros and cons. Developments such as Bwc are packed with advantages in the form of security provided, amenities, and infrastructures to be designed. They also have their drawback in the form of high prices or strict rules imposed. Carefully weighing these factors will provide a well-thought-out decision that best suits the needs and preferences of the buyers.