Before buying a new flat, it is quite normal to have a lot of confusions and questions. Be it the locality or the budget, it’s very hard to choose from so many options. Another question that buyers often ponder upon is that is a 1 BHK flat a good investment?
So, today, we have come up with a list that points out the benefits of a 1 BHK flat and why is it’s a good investment. Keep reading the entire blog to know all about it.
Affordable
One of the primary advantages of investing in a 1 BHK flat is that it is easily affordable. For example, a decent 1 BHK flat in Delhi Uttam Nagar can be easily bought within 15-17 lakhs only with Kamal associates best Property Consultant Delhi .
Thus, if you have a strict budget but also are keen to buy a place of your own, you should buy a 1 BHK flat. If you are a student or a bachelor or are living alone, this is undoubtedly a good investment.
Easily Available in Most Locations
1 BHK flats are easily available in most locations. Because of their cheap prices and easy maintenances, you can find a 1 BHK flat in Uttam Nagar or any other city with great ease.
At present, most students or employees who study or work in different states choose 1 BHK flats. Owing to the growing demand, builders are focusing on dedicated 1 BHK projects to increase the supply and meet the needs of the consumers.
Low Maintenance Cost
People often wonder why 1 BHK Flat is a Good Investment. The simple answer to the question is that it has surprisingly low maintenance costs as compared to a 2 BHK flat in Delhi Uttam Nagar.
Since there are only 3-4 rooms (including the bedroom, kitchen and the hall), it is very easy to maintain it. Also, one-bedroom flats have lesser property taxes when compared to 2 BHKs or 3 BHKs.
As a result, you can save momentarily if you don’t need a larger space. Also, when compared over a longer period, the lesser maintenance costs of a 1 BHK flat sum up to greater savings.
Easily Rentable
As mentioned earlier, students and employees are always on the lookout to buy or rent a decent 1 BHK flat near their institutions or places of work. Because of this high demand, you can easily rent your 1 BHK flat. Moreover, since it is smaller in size, the rents won’t be too much and thus can be afforded by all.
Experts Opinion
Pulkit Vij, the Owner of Kamal Associates says, “Most people feel that buying a 1 BHK flat is a wastage of money. This is a very wrong perception. If you do a thorough research of the market, you can easily see that 1 BHK flats have a high demand among the middle-class families compared to 3 BHKs due to their cost-effectiveness and low-maintenance”.
These were some of the reasons as to why 1 BHK flat is a good investment. If you are still confused, you can contact the expert property consultants at Kamal Associates.
Here are the contact details.
Customer Care: 8448 440 765
Address: Wz -41, Kabari road, Near Pillor number 706,
Phase 1 Om Vihar Rd, Uttam Nagar,
Delhi-110059