Difference Between Flat and Apartment – Are You Really Buying the Right One?

You’re thrilled to be purchasing your ideal home as you sit in front of a real estate agent. Words like apartment and flat are thrown at you as they slide a brochure across the table. Your brain is screaming, “Wait, isn’t that the same thing?” while you pretend to understand and nod along.

In India, the majority of homebuyers (and, some brokers) use the terms flat and apartment interchangeably. The twist is that there is a distinction. It’s a subtle one, to be sure, but in real estate, even minor differences can greatly impact resale value, lifestyle, and price.
Therefore, let’s clarify the Difference Between Flat and Apartment in India before you sign that sale agreement, removing any technical terms and providing clarity on the difference.

The Difference Between Flat and Apartment in India

This is where things start to get spicy. In India, a flat generally refers to a basic housing unit within a building. Consider a typical two- or three-bedroom apartment in a high-rise. It is made for daily use and is practical and useful.

Conversely, an apartment is frequently linked to a higher level of living. It’s about the experience, not just the four walls. Apartments are typically found in gated communities that offer a variety of facilities, including gyms, clubhouses, swimming pools, landscaped gardens, and occasionally even concierge services. 

To put it simply, if your building has a fancy lobby and a jogging track, you’re most likely an apartment dweller.

Flat vs Apartment – Same Thing or Not?

Let’s start by addressing the most pressing issue. The terms “flat” and “apartment” are frequently used interchangeably. Are they identical, though? Not precisely. Although it is subtle, the difference exists.

American vs. British Influence

A self-contained residential unit within a larger building is referred to as a “flat” in good old Britain. In contrast, the American cousin, apartment, is frequently used to refer to a comparable arrangement in the United States, albeit with more opulent overtones. Therefore, the main cause of it is a linguistic difference. However, things get a little more interesting in India.

Historical Evolution of Apartment and Flat Difference in India

Due to British influence, the majority of urban dwellings in India were previously referred to as flats. To appeal to a more aspirational lifestyle, developers began branding their projects as apartments as a result of globalization and the growth of luxury real estate. 

The change is also in line with the rise of multinational corporations and non-resident Indians (NRIs) who have lived overseas and are accustomed to the term “apartment.”

Legal Aspects: Ownership Difference Between Flat and Apartment

In India, there is no clear legal distinction between flats and apartments. The Real Estate (Regulation and Development) Act (RERA) governs both. 

However, while apartments in standalone buildings typically operate under more straightforward resident welfare associations (RWAs), high-end apartment complexes may have additional legal structures like cooperative housing societies or condominium ownership models.

Storeys and Building Structure

Although both apartments and flats can be found in multi-storey structures, apartments are usually found in gated communities with high-rise buildings and standardized architectural styles. Conversely, apartments can be found in mid-rise buildings, smaller standalone buildings, or even builder floors. 

While apartments may have more straightforward layouts with open parking or few common areas, apartments frequently have basement parking, specialized security systems, and cutting-edge infrastructure.

Regional Differences

Different countries have different definitions for the terms “flat” and “apartment.” While “flat” is more common in India and the UK, “apartment” is preferred in the United States and Canada. 

It’s interesting to note that in countries like Malaysia, the distinction is comparable to that in India: apartments represent a premium living experience, whereas flats are regarded as more affordable housing options. 

To draw in affluent buyers, developers in South Asian nations frequently advertise their properties as “apartments.”

Independence in Living

Because apartments, particularly builder floors, typically have fewer occupants per building, they provide a greater sense of independence. However, shared common areas in apartments mean more time spent with neighbours. 

Flats might be a better option for you if you want a peaceful, independent living area with little outside interference. 

However, apartments are the best option if you value social gatherings, community events, and increased security.

Maintenance Costs

The monthly maintenance cost is one of the primary distinctions between apartments and flats. Apartments in gated communities have maintenance fees for clubhouses, landscaping, security, and common areas. 

Depending on the area and level of luxury, these expenses can vary from ₹2,000 to ₹10,000 per month. 

Apartments have much lower maintenance costs because they are in simpler buildings; these costs are typically limited to basic cleaning and electricity.

Flat vs Apartment: Breaking Down the Features

Feature	Flat	Apartment
Terminology	British English	American English
Amenities	Basic facilities	Premium lifestyle with gyms, pools, etc.
Cost Factor	Usually more affordable	Typically pricier due to added features
Community Living	Can be standalone buildings	Mostly in gated communities
Ownership Model	Can be owned or rented	More commonly seen as rental properties
Size & Design	Standard, functional layouts	Often more spacious and luxurious

Investment & ROI: Which One is Better?

Your financial objectives will determine whether you should invest in an apartment or a flat:

Resale Value: Because of increased demand and better amenities, apartments in upscale gated communities frequently have higher resale values.

Rental Income: In metropolitan areas where tenants favour contemporary amenities, apartments typically command higher rental yields.

Maintenance Costs: While apartments with a lot of amenities need more maintenance, flats typically have lower maintenance costs.

Pros and Cons of Flats vs Apartments

Here’s a quick snapshot of the advantages and disadvantages of each:

Feature	Flats	Apartments
Affordability	More affordable	Higher cost due to amenities
Amenities	Basic	Premium (clubhouse, gym, pool)
Privacy	More privacy	Shared spaces
Security	Limited	24/7 security
Maintenance Costs	Low	Higher
Resale Value	Decent	Better appreciation potential
Rental Income	Moderate	Higher demand

Buying Tips – Choosing Between a Flat and an Apartment

Here are some suggestions to help you decide if you’re unsure whether to purchase an apartment or a flat:

Budget First: Choose a flat if affordability is your top concern. Invest in an apartment if you can afford a high-end lifestyle.

Future Resale Value: Compared to flats, apartments in desirable areas typically increase in value more quickly.

Maintenance Considerations: Opt for a flat rather than an apartment if you want low maintenance expenses.

Community vs. Privacy: Apartments are preferable if you like to socialize and use common areas. Flats are better for independent, quiet living.

Investment Objectives: Apartments are a better option for investors if rental income is a top concern because of their increased demand from tenants.

All and All:Ultimately, your preferences will determine whether you select an apartment or a flat. Choose a flat if affordability is your top concern. An apartment is your best option if you want to live in a gated community.

Now that you understand the Difference Between Flat and Apartment, you can make a more informed choice when purchasing a home. You can then confidently respond, “Well, actually…” and impart some real estate knowledge the next time someone inquires.

Have fun looking for a home!

FAQ’s