{"id":28275,"date":"2014-01-27T17:54:01","date_gmt":"2014-01-27T12:24:01","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=28275"},"modified":"2020-06-15T03:22:41","modified_gmt":"2020-06-14T21:52:41","slug":"smaller-better-small-properties","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/smaller-better-small-properties\/","title":{"rendered":"Smaller is Better \u2013 All about Small Properties"},"content":{"rendered":"

\"small<\/a>Small has become the biggest buzzword in the property market. 2014 is certainly a year for small units. As the property prices are touching the sky and scarcity of land spaces in prime cities, smaller residential as well as commercial units<\/a> are in high demand and supply. Fearing the risks involved in real estate sector due to uncertain market conditions, even builders are offering smaller units in most of their new projects. They find this to be a best choice for the current economic situation. Even though the property market is facing a slowdown, there is a colossal demand for smaller residential spaces. Most of the homebuyers especially in metropolitans like Mumbai, Bangalore, Delhi, Pune are looking for small homes as there is an unprecedented increase in the property prices, here. Working families find managing and maintaining smaller units easier. To increase the velocity of sales in this slow market, builders find small homes profitable as compared to bigger residential units. The resale value of smaller spaces is also higher and even good rental values are expected. It is said to be the best time to invest in small units both for the end-users and investors.How to choose a correct small unit?<\/strong>If you are planning to buy a small home then it is very crucial to focus on factors such as amenities, location, commuting facilities. Not many of the real estate brands offer small units hence it is essential to check for the builder background too before investing in small residences. You need to keep a check that the apartment has got all the necessary property related approvals. Also check if the location is in proximity to general facilities like educational institutes, hospitals, restaurants, entertainment zones, etc. Just because the properties are small in size it doesn\u2019t mean you need to compromise on amenities. Many small projects do offer common amenities like swimming pool, club house, security services and other such services. Also verify whether the project has got any financial institution support because these bodies only provides funds to project that has acquired all the clearances.How much return on investment can you expect?<\/strong>On the basis of the current scenario, you can expect good return on investment (ROI). 2014 is viewed to a buyer\u2019s market that means benefit is on the buyers\u2019 side. Hence there is opportunity for negotiations. You are likely to get lucrative rental values, if the small units exist in prime locations. Though the return on investment is less for smaller units as compared to big spaces, the current market condition looks favorable and assures good ROI.A brief advice on small units:<\/strong>Though there is an assortment of choices available in small residential unit category, 1 BHK flats and studio apartments<\/a> are in rising trend. Not only in prime localities, are small residences available in city outskirts too. The need for small units is understood by the developers and hence most of the real estate builders are coming up such projects to meet the increasing demand. It is advisable to buy such housing units directly from the developers instead of through any agent. It is essential that the buyers opt for right locations that are prominently residential hot-spots.Not only for this year, but according to a survey small properties are going to dominate the real estate market for quite a long time.\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a>\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Small has become the biggest buzzword in the property market. 2014 is certainly a year for small units. As the property prices are touching the sky and scarcity of land spaces in prime cities, smaller residential as well as commercial units are in high demand and supply. Fearing the risks involved in real estate sector […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[447,433],"tags":[],"class_list":["post-28275","post","type-post","status-publish","format-standard","hentry","category-realty-guide","category-tips"],"blocksy_meta":[],"yoast_head":"\nSmaller is Better \u2013 All about Small Properties -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/smaller-better-small-properties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Smaller is Better \u2013 All about Small Properties -\" \/>\n<meta property=\"og:description\" content=\"Small has become the biggest buzzword in the property market. 2014 is certainly a year for small units. 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