Is it a wise decision to buy a studio apartment?

The notion of studio flats is relatively prevalent in India, yet it is quickly gaining appeal. Several young professionals, families, and newly-weds prefer to live in studio apartments because they are affordable and easy to maintain. They are typically constructed in modest spaces, ranging from two hundred to five hundred and fifty square feet. They also provide more versatility than a traditional 1 or 2-bedroom flat because they have everything within one unit.

We can’t deny that a certain group of folks like studios. When it comes to buying one, millennials and property developers are in high demand.

 Here are a few reasons why studio apartments are a good choice for purchase:

1) High-profit Potential

According to real estate professionals, a studio apartment in a decent neighborhood is a good option than a larger apartment since it appreciates over time. Furthermore, it is simple to rent out, and the leasing value rises over time. A studio apartment’s rental revenue is typically 2% more than that of a 1 or 2 bedroom unit. Furthermore, it is simpler to resell and rent since the pool of potential purchasers and renters does not rapidly shrink; instead, it stagnates or grows fast.

2) Low-Maintenance Cost

Paying for upkeep and repairs is among the typical concerns for most property owners. However, the strain is multiplied in a studio apartment because there are just a few pieces of equipment and peripherals that may require maintenance. A studio flat is also a good choice for folks who are short on effort and time because it requires minimal maintenance.

3) Budget Utilities

Water and electricity costs are lower in a studio unit. Controlling the indoor air temperature is also cost-effective. Decorating and renovating are far more affordable in a studio apartment due to the limited carpet space.

If you are looking for Studio Apartments, Panthaniwas should be your first choice

Purchasing a studio apartment makes sense because it is less expensive and provides a better rate of return. It is accessible to even young people because of the low EMI and down payment requirements. You may make a consistent income by renting out your studio flat. In addition, it takes less time, effort, and money to maintain. Take a long break once in a while. Own a piece of the Dooars that you may visit whenever you wish. Your studio flat in Panthaniwas could be a symbol of your success.

In these luxury apartments near Murti River, homeowners can enjoy all the comforts and joys they desire. There are artistic scenes in strategic spots in the project, adding to its elegance. It’s a pollution-free second home from which you can visit Gorumara Forest, Rocky Island, Suntalekhola, and other places. Panthaniwas strongly believes in providing low-cost residential developments in unusual locations at affordable costs with all world-class amenities for the general populace.

Related Read: 6 Best ways to save space in a studio apartment