How can a 1 BHK Apartment be a Better Investment Option
One of the enormous investments a person will ever make is purchasing a home for either personal use or as an investment. Most of them may not know the advantages of buying a 1 BHK apartment. The real estate sector has developed several housing concepts, such as apartments, bungalows, penthouses, studio apartments, etc. For most investors, purchasing a 1 BHK apartment is advantageous in several ways. The following are the ways a one-bedroom investment will yield better returns.
If you're an outsider: People leave their hometown and travel to other cities in search of employment as corporate and industrial sectors continue to grow throughout all the cities. One will require easily accessible and reasonably priced housing in such a situation. The consumer's needs will be met by purchasing a 1 BHK apartment because they can easily afford it, rent it out, and sell it when they no longer need it.
If you are a student: Because 1 BHK apartments are so cost-effective, it will be simple for students to buy and rent them as they move from city to city. This will give them a respectable place to live.
If you recently got married or are just starting your career: A 1 BHK apartment will be simple to obtain, as was already mentioned, and anyone who does not yet have deep pockets can afford it. This is the best way to get a decent living place at a reasonable cost.
Can save money:Buying a one-room apartment will be less expensive overall, and the long-term cost of a loan and interest will be lower. The investor can save money for additional investments after repaying the loan.
Lower property tax and utility costs:A single-room apartment will be more accessible for you because you are not required to pay as much for maintenance, utility costs, property tax, upkeep, and the necessities needed in the room, unlike other large homes or apartments. You can save a lot of money this way. Can quickly repay the loan: Since a one-room apartment is much less expensive, it is possible to repay the loan quickly and for a lower interest rate. You'll be able to save money and earn higher returns.
Keeps you away from debt:Most often, it is observed that loan seekers make up the majority of those who own large apartments. They may not all be able to repay the loan quickly; in such cases, they are in debt and may not even be the legal owners of their homes. A person can avoid all of this confusion by purchasing a smaller apartment.
Buying a residential property wisely as per the needs and fancies of the buyer is a perfect investment. Since buying a home involves a lot of time, money, energy and emotions and is also a once-in-a-lifetime opportunity for many, people ensure that it is the best investment option. People explore and then go for that ideal home today. In the urban zones, opportunities are galore, and with little effort, people are able to locate that one abode where they can invest. Also, today people look for investment options through various means. What better than investing in property, as it gives the best returns vis-a-vis other investment tools? People are open to putting their money into properties today as the builders and the financial institutions provide profitable deals and are ideally designed so that they are easy on the investors' pocket.
It is seen that smaller the accommodation, benefits are much more and what better than 1 bedroom set apartments. The builders also keep provisions of 1 BHK flats in most of their apartment projects today so that everybody gets a fair chance to enjoy the benefits of a holistic living experience. Let us explore how can a 1 BHK apartment be a better investment option.
- 1 BHK apartments are low-priced and easily affordable.
- 1 BHK apartments cost less, so these can be used as an investment option to buy a property and sell it when prices appreciate.
- 1 BHK apartments are bought or rented by bachelors who are working, students, a newly married couple, or who come from other places in the country.
- 1 BHK apartments are cost-effective as the rents, bills, utility costs, property tax, maintenance charges etc. are much less.
- The loan amount for buying a 1 BHK apartment is also low and can be quickly repaid by the home buyer.
- The builders keep the option of 1 BHK apartment in most of their residential projects so that one can get it in one of the best localities.
- The dwellers of 1 BHK apartments can also enjoy the benefits of the leisure amenities, facilities, security, and other lavish features of the project, like their co-residents of the property.
- 1 BHK apartments do not consume much time and energy in upkeep since the area is small in these homes.
Bangalore, known as one of the important IT hotspots of the country, also has apartments snowballing across the city. Most of these apartment complexes have 1 bedroom set options in varied layouts, sizes, budgets, locations, architecture, specs and interiors, which are also absolutely stunning. Set in high-tech complexes or townships, these premium apartments are amid open spaces, greenery, choicest leisure amenities, and various facilities and features, which give each dweller a sublime experience.
Prestige Group, the credible builder of South India for decades, is launching an awe-inspiring apartment complex, Prestige Serenity Shores, in one of the promising localities of Bangalore. This project will also have 1 bedroom set homes which will be worth investing in. The discerning home-buyers seeking the opportunity to purchase a 1 BHK apartment in a good locality, Prestige Serenity Shores is the answer!
Prestige Serenity Shores
Prestige has established a more than 30-year legacy and has expanded to include more than 50,000 content families. Among the Top 10 Properties in Bangalore (Flats & Villas), Prestige Serenity Shores is the best. The Prestige Serenity Shores complex of futuristic residential apartments is a part of the Prestige Lakeside Habitat on Whitefield Varthur Road. With floorplans ranging from 905 square feet to 2882 square feet, the location offers luxurious 1, 2, 3, and 4 bedroom apartments. The homes are Vaastu compliant, have first-rate amenities and facilities, are situated on 102 acres, are perfectly ventilated, and are beautifully lit. It is located near the Whitefield - Sarjapur Main Road in the green Gunjur of Varthur Hobli neighbourhood of East Bangalore. It is surrounded by greenery and relaxing surroundings
Prestige Serenity Shores is close to busy commercial areas, employment parks, industrial catchments, hubs for healthcare and education, and shopping centres. The EPIP Zone and International Tech Park Bangalore (ITPB) are near the project sites, which house numerous IT and ITES businesses.
The Prestige City
The Prestige Group in Bangalore is developing the futuristic residential development known as The Prestige City, located off Sarjapur Road. On 180 acres, this cutting-edge city is made up of apartments, villas, and plots. A renowned architect designed the smart city, which was reviewed in the best pricing range and is located in a prime location. In Bangalore's Sarjapur Road, Prestige City is a gated neighborhood project with 12 million square feet of construction. 7000 1, 2, and 3 BHK apartments make up this township. The project also houses 808 plots and 140 villas. Elegant villas are located on 20.3 acres, and on 50 acres are superbly designed residential structures.
Prestige Jindal City
The Prestige Group is currently developing the futuristic project Prestige Jindal City. It provides 1, 2, 3, and 4 BHK flats and is located on a 32-acre plot of land off Tumkur Road in Bangalore. A residential wonder called Jindal City would provide 3571 dwelling units. The building is on Tumkur Road. The metro station is right close to the most celebrated project, Prestige Jindal, which connects all areas of the city. One of Bangalore's most popular apartment complexes, according to prominent real estate firms, is the best project in West Bangalore. In Prestige Jindal City, there are four different types of apartments offered. 1 BHK, 2 BHK, 3 BHK, and 4 BHK are the four different varieties. 3,571 smartly designed residences are available in various sizes.
Prestige Primrose Hills
An elegantly situated apartment complex by the name of Prestige Primrose Hills is now under construction on Kanakapura Road in South Bangalore. It provides 1680 units of 1 and 2 BHK homes over a 15-acre area. Fifteen buildings, each with 14 stories and 1 and 2 BHK, make up the complex. A 1 BHK Apartment is priced at Rs. 35.45 Lakhs. The well-known builder from South India has now entered Bangalore's market for affordable housing with this modest apartment. This property, which covers a sizable 15.93 acres of land, aims to redefine the phrase "home dear home." In Prestige Primrose Hills, you may select from one or two-bedroom houses that are surrounded by verdant vegetation and a tranquil setting. This new launch project, which spans 15 towers, was masterminded by Venkatraman Associates. In this gated community, there are floor designs with 1 and 2 bedrooms available. Homes with one bedroom range in size from 572 to 589 square feet. Apartments with two bedrooms typically have 867 to 986 square feet. The best amenities have been provided by Prestige Group so that residents can live comfortably. One of the oldest and most well-known real estate developers in Bangalore is Prestige Group. For the residents of Bengaluru, it is credited with building some of the city's most beautiful landmarks.
