Buying a new house has always been a major decision and trends seem to sway one way or other from time to time. As per the market analysis by Housing.com, the Indian real estate market still sees a majority of buyers from the middle income and high middle income segment of the society and their preferred choice is the 2BHK apartment with about 40% buyers opting for this particular type of apartment. With various projects coming up across the major cities like Kolkata, the obvious question is, what are the driving forces behind this choice? Here is a list of some of the major benefits of getting a 2BHK apartment.
- Family Planning – Indian society is a closely knitted and family oriented society. Even with the increase in nuclear family, it is not merely the couples occupying an apartment all the time. Moreover, any person willing to get married will be looking forward to buying a house at first. This is generally a decision taken at the early stage of the career where the budget is a moderate one. But the budget factor should be considered in context to future plans. While considering the marriage, getting a 1BHK apartment might sound good enough for just two people, but will certainly feel cramped when family grows. Thus, 2BHK apartment becomes the obvious minimum choice.
- Cost Analysis – India is a highly cost sensitive market. Almost any buying decision is taken after checking out the price and price is generally the most important determining factor. While 1BHK apartments are comparatively cheap, they will not be practical choice for a person considering a growing family or not looking to change the apartment any soon. 3BHK apartments and above are quite expensive. In fact, the price is well exceeding the mark of 1 crore in most cases. On the contrary, 2BHK is not just a practical option, but an affordable one as well. In major cities such as Kolkata, getting a 2BHK apartment in a good locality with excellent communication advantage and other general facilities. Thus, most of the time 2BHK flats become the preferred choice.
- Better Maintenance at Low Investment – Compared to the 3BHK apartments, maintenance of a 2BHK apartment will cost much lower. However, when compared to the 1BHK apartment, the cost increase is not so significant. Thus, it is always a smarter choice to opt for a 2BHK apartment and ensure that the apartment maintenance charge remains lower than a 3 or 4 BHK.
- Better utilisation – Investments are done keeping in mind the available resources. 3BHK apartment sounds like a large space, but with the modern nuclear families cropping up especially in the metro cities like Kolkata, opting for a 3BHK apartment might just turn out to be an excess of space. 2BHK apartments are cosy and offer optimum utilisation of the space.
For anyone who is considering buying a new apartment, it is the smartest option to invest in a 2BHK apartment, even if the person is single at the moment. It will offer you a better expand ability along with better resale value in the future if required.