Studio apartments with a living room, dining room, and bathroom, with a small kitchen, are ideal for young city dwellers. Because studio apartments in Banglore are the most cost-effective residential option for professionals, most employees choose them. These are most appropriate for the first home because they are spacious enough for a single person with a newly married couple. Studio apartments are also known as efficiency apartments because of the space and cost advantages they provide. These apartments are also a low-cost option for professionals who prefer to own rather than rent a home near their workplace. Bangalore City has seen an increase in the number of homebuyers who choose this segment.
According to the absolute acreage undertaken by realty companies, most home buyers in Bangalore can choose smaller configurations. While 1-BHK units have the highest demand, studio apartments are the current trend. Professionals who frequently fly to Bangalore’s metropolitan city suggested that studio apartments are cost-effective and practical in the long run. Studio apartments are popular among young IT professionals and those working in manufacturing.
Why is a studio apartment a viable option?
Studio apartments are a relatively new concept in Bangalore, introduced only a few years ago. For the following reasons, these apartments have become a viable option for many Bangalore professionals.
Space efficiency:
Studio apartments leave open safe spaces for us to customize to our needs. The Kitchen is unlike most kitchens in three walls and an entryway. The dining and living area could function as a combination of study, work, and dining areas.
Affordable homes:
The affordability of studio apartments pushes them to work well in the Bangalore market. These apartments are ideal for young professionals just starting their careers. Studio apartments are viable options for buyers based on their income. Rather than paying 15,000 to 25,000 in advance rent for a 1-BHK, buyers find investing in studio apartments simple. The EMI would be used to pay rent. Registration fees have also decreased to reduce capital values.
Potential asset:
You will choose a larger home as your salary and family grow. However, if you have saved as much money on rent and have invested in this studio apartment, it will provide you with an asset in the future as well as rental income.
Locations:
Electronic City, an area near Bannerghatta National Park, Vijaya Bank colony, and RT Nagar, are some of the most admired regions in Bangalore. Pricing depends on the amenities offered and the location.