Whether you are looking to buy a condo to invest in or live with your family, 2 bhk apartments are an ideal option. If you are a smaller household looking to expand the family in future, then a 1 bhk flat may not suffice going forward. The main reason for this is the fact that a 1 bhk flat would have less sqft than 2 or 3 bhk apartments. Depending on Apartment Size, the sizes of the housing units are different; there may be some cases when you may be able to get 2 bhk apartments, which may be just as spacious as a 3 bhk. The lower maintenance costs of a 1 bhk flat act as the main burden on the buyer, since such units need very little upkeep, hence are easier on the pockets. In terms of sheer dollar amounts, 1 BHK apartments have lower maintenance costs compared to 2 bhk ones.
A 2 bhk flat means the unit has two bedrooms, with a standard-sized master bedroom, and a smaller second bedroom. Let us say that you are looking at a 2 bhk apartment in Berhampur or Bhubaneswar, it means this specific property has two bedrooms, one corridor, and one single kitchen. A 1.5 bhk apartment has two rooms, one is the standard-sized master bedroom, while the other is smaller than the standard-sized rooms, which could be used as a spare/guest bedroom, or as a studio. A studio apartment is another unit setup, which has one big room, where you need to allow the space for a bed, kitchen, etc. In comparison, a 1 bhk flat has one specialized room, a kitchen, a living space, and a bathroom/toilet.
When you purchase a 1 bhk flat in berhampur, not only do you pay lower money in monthly payments, you save up the money that you could have spent on any other necessary work you wanted. In terms of rentals, 1 bhk flats are highly sought after, hence, a 1 bhk flat is the desired choice for investors for earning regular monthly income. So, if you are planning on buying any property too, 1 bhk flat may be a good choice, give it a thought. Buying 1 bhk apartment would satisfy consumer needs in the present era, since they can easily afford and always lease it out or easily sell when they are not required. The buyers also have one more choice which is they can choose the 1 bhk unit in the preferred place which is maybe priced at the relatively lower end.
You can buy the 1 bhk flat either in fully furnished form or you can design it yourself by buying the model units, hence, people started choosing this instead of normal houses available in the premium areas. The 1 bhk flats are also a good investment as they fetch rentals income by Olx, especially in the bigger cities which are business hubs. Investing in small apartments would spare the individual from all that chaos. Due to the sheer amount of space, maintaining an apartment like this may prove a costly exercise.
Buying 1 BHK is a good investment if you are going to keep the unit on lease. Buying 1 BHK apartment would satisfy a consumer’s needs in the present era since they could afford them easily, and they could always lease them out, or easily sell them if they were not needed. Investing in a 1 BHK apartment means investing on a lower budget, and the smaller the unit, the more accessible and marketable it is. You can always view 1 BHK apartments as profitable investments which may yield a healthy profit.
If you are buying the house solely on the basis of investment, then selling the property in a 2 BHK would be easier because of the higher demand. If you are planning on buying property for the same, 1 BHK is an option to invest in as a rental by Olx, since 1 BHK apartments are popular among families due to their affordability, ease of maintenance, and resilience. Whether you are looking to purchase a flat for investment or for living with family, a 2 BHK flat is an ideal choice.
As discussed above, a 2 BHK flat is the most practical choice for homebuyers who are keen on investing in a compact, luxurious house, and for those who are planning on starting a family. While it might seem like a 2 BHK apartment is a better choice for a family with multiple units, 1 BHK apartments have a value of their own which cannot be underestimated. Since 1bhk apartments are smaller units of housing, you will not be paying higher property taxes. Compared with 2BHK units, a 1 bhk flat has lower maintenance and utility charges, as well as attracting lower property taxes.
If we consider cost, a 1 BHK unit is cheaper as compared to 2 BHK units, it is evident that the area of a 1 BHK is smaller as compared to 2 BHK units. A 1 BHK unit in a comparably better location from a popular builder would cost more than a 2 BHK unit in an average location from a not-so-popular builder.
The buyers have also an alternative which is they can choose the 1 BHK unit in the preferred locality which is possibly priced in the relatively lower range. This also means the buyers who are keen on a 1 BHK unit may be able to have their unit choice at a far more reasonable and agreed-upon price. While a 3 BHK (and up) is overpriced, a 1 BHK is more affordable, by stretching out slightly on most of a house buyer’s budget, they can get more space in a 2 BHK apartment, with added amenities the complex comes with including modular kitchen and kitchen chimney set up.
Sure, you could also invest in a 1 BHK, but a 2 BHK in a complex with quality amenities would get you more than you paid for, with additional space and lifestyle upgrades. If you buy a smaller unit in a housing complex, you will be able to take advantage of all of the amenities that are available in the compound, too, with less investment. We Uzhomes help to buy a 1 bhk flat in all cities of the state.