Any building or unit zoned and intended for living space is considered residential property. It is one of two types of general real estate, the other being commercial property. Residential property is typically owner-occupied, but this is not always the case. According to industry standards, any property with fewer than five units, none of which are for commercial use, is classified as residential. Commercial properties are larger and have a mix of residential and commercial uses. Residential property is land zoned specifically for living or dwelling for individuals or households; it can range from single-family homes to multi-unit apartment buildings. When more than half of a building’s floor area is used for living purposes, it is classified as a residential building. Other structures should be classified as non-residential. There are three types of property for Embassy Group: luxury residential properties, premium residential properties, and integrated township properties with world-class amenities. At the Embassy Group, we believe that the good life is a journey, not a destination. This quest has taken us down uncharted roads, into uncharted mindscapes, and to places beyond the ordinary in order to bring luxury lifestyles that transcend cliches. Embassy residential properties in Bangalore are prepared for […]
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