Real estate business is booming nowadays, especially in India. It’s extremely difficult to get a flat in any place, be it a small town or a metro city, due to the huge number of people migrating from villages to cities every day, in search of jobs and better living standards. Thus, finding a place which you like has become a herculean task. It’s hard to find a place which is apt for you in all ways i.e.; in the price, the size; proximity to your workplace; so on and so forth. These days, among all kinds of apartments, the most popular ones are the 2 bhk flats for sale in Electronic City. There are several reasons for it.
-The price is one of the main attractions of 2 bhk apartments. It can be afforded by people from almost all classes. Starting from the average middle class or upper middle class, it can be afforded by almost all. This definitely increases the number of buyers who prefer 2bhk apartments.
-2 bhk flats for sale in Electronic City are appropriate in sizes. It’s neither too big nor too small. It’s just the right size. This again is a major reason for people to opt for it. 3 bhk flats for sale in Electronic City are usually too big and there wouldn’t be enough space when it comes to a studio flat or a 1 bhk apartment. For instance, a studio flat would be extremely congested when a guest comes. There really wouldn’t be any space left for them
-Due to the size, the no. of potential buyers for 2 bhk flats for sale in Electronic City is also high. Whether it’s a newly married couple or a bachelor who wants to move in with his friends or a small family with two kids, they all would prefer a 2bhk apartment.
-Maintenance cost of a 2bhk apartment is much lesser than a 3bhk or any bigger flat. Thus, whether you’re staying there or you’re not, you do not have to worry much about the humongous cost that comes along with maintaining a huge flat. Especially if the residents are elderly people, it would be very hard for them to maintain and look after a larger area. Thus, it would make 2bhk flats an apt option for them.
-If you’re someone who is staying abroad then again this type of apartment would be a better choice for you as then you would clearly want to rent it out and if you’re planning on buying an apartment and then renting it out, then 2 bhk flats for sale in Electronic City would make a better choice due to their high popularity, it would get more no. of customers than others.
It would be difficult to rent out 3 bhk flats for sale in Electronic City or bigger flats due to their huge expense and maintenance cost. Especially in metro cities like Mumbai, Delhi, or Chennai, it would be an unthinkable task for more than eighty percent of the population as the cost would be much more than they can afford. And then again as said earlier studio flats or 1bhk flats might not have the room to accommodate all the members which is why they would definitely opt for 2 bhk flats for sale in Electronic City.
Thus, considering the price, the size of the flat, the affordability rate, and the income that could be received from potential tenants and the resale value, buying a 2bhk flat would definitely be a better option.