“I am looking to invest in Bhayandar with a budget of Rs 80 Lakh. Should I go for a two-bedroom apartment?” A great question by Yash Jain.
“Like Yash, many investors get confused about the right option to invest in. But we have to understand that there is no one-best option in real estate that works for everyone.”
In one of our recent surveys, we asked prospective homebuyers about the top three things they look for while buying a property. In order of preference, we got budget, location, and developer. The survey clearly revealed that focusing on the right size of the home, often, gets pushed to the back burner.
What do 2 BHK apartments offer?
- Ample space within the home. No prizes for guessing that 2BHK homes are one of the best options for large families due to space availability.
- They offer a great return on investment and are easy to rent out.
- Rent differential between 2 and 3BHK is usually low. For instance, a 3BHK may cost 40-50% more than a 2BHK, but rent differential is hardly 20-25%.
Considering the above factors, 2BHK units evolve as a good option. Also, it is ideal for first-time homebuyers as these provide comfortable space for couples and nuclear families. Some other reasons are:
- Ample availability
- Easy to maintain
- Good value appreciation
- Easy to sell or rent
If you have any plans to expand your family, opting for a bigger apartment will be the right move for you. Also, contemplate whether you have frequent guests staying over. For those, you would require an additional room to avoid any discomfort.
Indradhanush by Sonam Builders is going to change the landscape and upgrade the Kashimira area to a different level. The project is expected to be completed in December 2023 and is RERA registered. Checkout the interesting flat layouts at Indradhanush today (hyperlink to Indradhanush page)