The Government of India has introduced favorable home buying policies that benefit homebuyers across the country. This move has made the real estate space extremely lucrative for anyone willing to invest their lifelong savings for a bigger, better future for their family.
The only question that arises now is that of the type of home that one should settle for. Taking into account market trends and other factors, we think 2 BHK apartments turn out to be the most profitable option while looking to invest in real estate.
Here’s why:
Cost-effective
Sure a 1 BHK may seem a lot cheaper than a 2 BHK. But if you factor in other elements such as a return for money, you are paying much more for minimal space in a 1BHK as compared to a 2BHK. And in the case where one is buying a flat on an EMI basis, then this difference in price would thin out.
Future
While a 1BHK is convenient for singles, 2 BHKs are better suited for the future when one’s family starts to grow and space starts becoming a necessity. Even the resale value is better as people generally tend to prefer investing in homes for themselves and their families.
Rent Value
Even if you have no intention of living in the apartment yet or reselling it, there is always an option of renting the apartment out for extra income. The chances of finding a tenant willing to move into a 2 BHK are much higher. Even students and working professionals prefer 2 BHKs to move into on a sharing basis.
Maintenance
As compared to a 3BHK where maintenance costs would be fairly high, a 2BHK while providing optimum space for your living, would also have low maintenance costs.
Availability
Once you have zeroed in on your location and budget, you will find that 2 BHKs are much easier to find than 1/3 BHK apartments. Gated communities and luxury properties too have the most beautiful 2 BHK apartments that would suit your and your family’s requirements. Developers too are launching affordable properties with 2BHKs to meet the growing consumer demand.
You can choose from a vast option of 2 BHK apartments in Pune. Properties by Mittal Group such as Sun Crest in Dhayari, Sun City in Ambegaon, Sun Harmony in Moshi, and many more are examples of award-winning 2 BHK projects that are modern and affordable.
You can view the entire list of properties to see which one of these fits your needs best.