Causes For Surge In Demand Of Studio Apartments In Gurgaon
There has been a surge in the demand for studio apartments. The rise in demand has attracted attention of builders and developers to opt for an affordable option in this arena.Studio apartment often referred as studio flat, and it comprises of an area for sleeping, living, kitchen and an attached bath. These accommodations are perfect for a maximum of two people. There are few distinct features of these apartments are low cost of maintenance, cost and space efficiency and are perfect for both and long and short visits.These apartments are perfect for residences of like-minded people.
Rise in popularity
Concept of this apartment is popular among students, working women, executives and NRIs. These Apartments In Dwarka Gurgaon Expressway have gained popularity among investors who want to invest a small amount in residential properties. Investing in these properties aims at high rental returns. Two noted builders are now termed as trendsetters in this arena. Endeavour by these builders is expected to meet the demand of potential investors. This trend also acts as a boost for other developers to introduce these apartments and meet the rising demand.
Better investment option
Influx of these apartments is a respite for buyers especially in the affordable price range. As per the realtors, in NCR the query for studio apartments has surged remarkably. In fact, these properties now attract almost sixty percent of the end-users.These are a better investment option than the one BHK apartments. These apartments have good appreciation value. Due to the increase in demand for these apartments there are more investors opting for the same. In recent times, owing to this rise in demand there has also been an increase in prices of apartments.
Get high rental returns
There has been a remarkable appreciation in the prices of studio apartments In Gurgaon and it will continue so in the future. If you are considering of renting out these apartments, then you can get high ROI. Rents that you will receive are high in comparison to that of three bedroom establishments. These establishments are savour for investors, who do not want to bore a deep hole in their pocket. If you want, you can also invest in the luxurious studio apartments that have lounge and parking lots.