Benefits of buying 1 BHK property

Buying a property is a big investment, we all know this. Hence it is utmost important to invest in a right property. Purposes of buying a property can be either for owing and staying in it, or for investment purpose as looking at the current market situation, investing in property is considered as best choice, especially small apartment such as 1 BHK in a metro city at some prime location where lavish and posh residential apartments are high in demand as major corporate crowd shifts to metro cities and they go for a rental flat if they are not going to live in the same city, if they plan to live in the same city then they opt for buying a property of their own.

Though 1 BHK apartments are smaller in size, but there are projects which offer luxury apartments with all amenities and facilities in 1 BHK properties also, to cope up with the rising demand. A recent survey

Whether you are looking for owning a home or for investment purpose, according to the current market situation, 1 BHK apartments are viewed as a good investment choice. In metros and other prime localities where posh and lavish residential properties were in high demand, suddenly the focus is now shifted towards 1 BHK apartments. Even though these types of residences are small in size, there is no compromise in luxury quotient, amenities, and other necessary facilities. To match up the rising demand, most of the well-known real estate developers, apart from other premium dwelling options are also offering 1 BHK apartments. According to a survey, it is observed that recently, 1 BHK apartments are first to get sold in any residential project.

In metros and other prime areas where luxurious and extravagant private properties were sought after, all of a sudden the concentration is presently moved towards 1 BHK apartments. To coordinate the rising interest, the greater part of the outstanding land designers, aside from other premium abiding alternatives are additionally offering 1 BHK flats.

Benefits of buying 1 BHK apartments:

1. Working professionals and students:

Most of the MNCs and industrial sectors offer jobs to the employees in prime cities or people flock to locations that offer good employment opportunities, hence for this set of people, 1 BHK flats are the best option. Working professionals usually look for homes that are affordable and provide basic facilities and 1 BHK apartments cater all their residential requirements. Some of the migrants also opt for renting options; hence investors can be profited with good returns who are offering renting options especially in proximity to the working zones. Same is the case with outsider students too. They generally look for homes that are affordable as they would be dwelling only till they complete their course, so instead of buying or opting for high rental options, they prefer 1 BHK apartments that match their pockets.

2. No burden of home loans:

Investing in 1 BHK apartments means low budget investment. So either the investor can buy the property without loan or can easily repay the loan if taken. The investor need have to worry about the clearing huge loans and paying the high interests. The interest amount is quite less as the budget is low. The loan gets easily repaid and the amount saved can be used for future.

3. No issue of debts:

Large apartments mean welcoming large issues and risks. Everyone is not capable of affording big expensive properties. Indeed, even the property proprietorship is under risk. Henceforth to keep away from every single such trouble it is smarter to invest in 1 BHK flats.

4. The advantage of location:

Usually, 1 BHK apartments are easily available in prime locations of any city, hence with affordable rates, you can also take advantage of facilities like proximity to educational institutes, shopping malls, entertainment zones, commercial spaces, recreational areas etc. Even transport services are better.

With so many positive factors it signifies that 1 BHK apartments are not only good investment choice but are also guaranteed with good returns even in fluctuating market conditions.