{"id":19265,"date":"2013-06-25T06:13:52","date_gmt":"2013-06-25T06:13:52","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=19265"},"modified":"2020-06-15T04:02:50","modified_gmt":"2020-06-14T22:32:50","slug":"studio-apartments-cost-effective-alternative","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/studio-apartments-cost-effective-alternative\/","title":{"rendered":"Studio Apartments- Cost Effective Alternative"},"content":{"rendered":"

\"studio-apartment\"Studio Apartment:<\/b> It is a small apartment which combines living room, Kitchenette and bedroom in a single unit but quite bigger. Studio apartments are best known as the affordable replacement for the traditional apartments.The concept of studio apartment is new for Indian crowd, but more and more people are opting for studio apartments, especially singletons and couples living in metro cities. Prices of apartments and houses are climbing high in such cases studio apartments come as the best alternative for the high rated units. Affording big apartments, especially in Metro cities is out of hand job for newly married couples and singletons, even when you are renting the apartments.Most of the times these people spend their maximum time at work; they have very little time to be at home. Spending money on the bigger apartments can decrease their future savings hence most of the workforce single and couple opt for the affordable houses and studio apartments are the next best affordable preference. Other than singletons and couple these studio apartments can also serve better for the parents whose children\u2019s live away from them for the career reasons.Studio flats come with low area hence the cleaning and the washing of the house wouldn\u2019t be the headache for the people. The interior and designing of the apartments will also be the low cost as the space for interior and designing will be limited in your house which will apparently reduce the cost of interior d\u00e9cor.Another added advantage in the studio apartments is that the registration charges and stamp duty for such apartments is comparatively low on price. Apart from students, couples and singletons, the studio apartments are the best choice for business travelers who frequently visit the city and do not want to spend their money on the hotel rents.On the other hand, not only the buyers are benefited from the studio apartments but also the investors have a great advantage over who are investing in these flats and apartments. Buying studio apartment from the investor\u2019s point of view has the added advantage of the increasing demand for affordable housing in the real estate sector. Demand for the studio apartment is increasing in the metro cities with an increase of the prices of the housing units.The studio apartments are majorly successful in the cities like Mumbai, Bangalore which has the highest property rates in the country. Space conscious city, Mumbai has the maximum demand for the studio apartments along with the IT cities like Bangalore, Pune, and Hyderabad etc. NCR is the best example of the city with several upcoming studio apartment projects.The market has moved up and so the prices of the apartments hence maximum new supply observed in the real estate sector was limited to the affordable housing with the major contribution from the Studio apartments. Gurgaon and Navi Mumbai areas have the premium price appreciation from the studio apartments will continue to be the same in future.Projects offering studio apartments in various cities<\/b><\/p>\n