The given condition is followed by two possible reasons for the same. Read all the information carefully and decide which of the given reasons follows.
Note: You have to assume that each of the given condition/possible reason is true.
Situation: It is very common to see a cluster of adjacent residential multi-storey flats in City K that are owned by a company and are only available for rent and unavailable for purchase. These flats are preferred by people despite the fact that their rents are 15−20% higher than the average.
Possible reasons:
(I): Unlike individually owned apartments, which are given on rent, these multistoried flats offer two or more facilities, such as a pool, gymnasium, football field, free Wi-Fi, etc without any additional cost. These facilities are otherwise not easily available and a huge amount may have to be charged for the same.
(II): A residential building in city K charges its occupants $30−$40 per month for parking and maintenance. However, these multi-storey flats owned by companies only charge $20 a month.