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Q.

What is a gated community?

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3 Year

Comment

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A gated community is a residential community where the entrances in the colony or locality are restricted via gates. Gated community meaning as far as I know is a residential locality where the outsiders are not allowed without permission. These usually have smaller streets, parks, common areas for residents, pedestrians, and automobiles. The gated communities are usually looked after by the Resident Welfare Associations.

What are the pros and cons of a gated community?

The what is a gated community meaning is pretty clear now I hope. Let us check what are the pros and cons of living in a gated community.

Pros

If you decide to live in a gated community, these are a few pros:

  • You will have access to the good security system and the area will be safer

  • If you wish to sell the property in future, then you can expect a good return on this investment

  • It is a convenient arrangement when it comes to having a social life and if you are up for a community living, this is a perfect option

Cons
  • Although gated community flats have good return on investment, there are chances that if you are buying a property here it will be priced at a higher side than standalone building

  • Your visitors may have a hard time entering the area without proper permissions and checks

  • You may end up paying higher maintenance fees.

If you are looking for a house in gated communities in Gurgaon, check out best properties on NoBroker