Studio Apartments Trend Catching Up in Bangalore

Bangalore : Studio apartments incorporating the living room, dining room and bath room with a small kitchen are friendly and convenient for youngsters in the city. Most of the working professionals prefer these studio apartments in Bangalore, because this is the most cost effective residential option for professionals. These are mostly suitable for a first home as its spacious enough for a single person and also for a newly married couple. For all the space and cost advantage it lends, studio apartments are also called as efficiency apartments and these apartments are also an economical option for the professionals who want to own rather than rent a place close to their work place. Bangalore city has witnessed a rise in the number of home buyers who opt for this segment.

The absolute acreage undertaken by realty companies informs that across Bangalore, most of the home buyers are sustained to choose smaller configurations. While the demand for 1 BHK units was the highest studio apartments are the current trend. Professionals who have been soaring frequently to the metropolitan city Bangalore suggested that studio apartments are a pocket friendly and useful in the long haul. Studio apartments are a hit among the young IT professionals and people working in the manufacturing sector.

Why studio apartment is a feasible option?

The concept of studio apartments is a newfound in Bangalore that was introduced only a few years ago. These apartments became as a feasible option for many professionals in Bangalore for following reasons.

Efficiency of space:

Studio apartments leave open space to be modified according to our needs. The kitchen is not similar to your traditional kitchen in the midst of three walls and an entry way. Dining and living area could be a mix of study, work and dining place.

Affordable homes:

Affordability of studio apartments pushes to work well in the Bangalore market. Youngsters who are starting their career will prefer these apartments. From the perspective of income, studio apartments are potential options for buyers. Rather than paying 15,000 to 25,000 as a rent for 1 BHK with advance, buyers find investing in studio apartments easy. The EMI would replace a rent. The registration charges are also less to lower capital values.

Future asset:

As your salary and family develops, you will pick a bigger home. Though, if you have not spent too much money on rents and invested on this studio apartment, it provides you an asset in future and can acquire rental income as well.

Locations:

In Bangalore areas like Electronic city, area close to Bannerghatta National Park, Vijaya Bank colony and RT Nagar are some of the admired locations. The pricing depends on the amenities provided and the location.