Compact, self-contained units known as studio apartments first gained popularity in the West, and this trend has now reached India. These living spaces contain a living cum dining area, a bedroom and bathroom, and kitchen, all flowing into one another. Studio apartments are the residential units of choice for many first-time investors are they are simpler to maintain and own.
Studio apartment units are an investment choice for young owners owing to them being relatively easier to maintain and declutter. The limited available space in these units only allows for minimum possessions, lending itself ideally towards the concept of minimalism. The younger generation does not want too many possessions, and studio apartments are the ideal residential option for these individuals.
Affordable living spaces that are usually priced lower and are incredibly pocket-friendly, these apartment units are easier home investment options. Studio flats also offer good rental incomes for the homeowners, with large numbers of tenants looking for these residences. These homes provide the perfect residential abodes for single individuals or young couples on the move due to job constraints.
There are relatively lower maintenance charges levied on studio flats than on standard apartment units due to smaller available space. Simpler to maintain, the home investor does not have to shelve out large sums of money for maintenance and upkeep. Investing in a studio flat is a wise decision in 2022 because these units generate good income with low investments.
A large number of reputed real estate builders are now developing well-designed and self-contained studio flats in their development projects. The investor wanting to invest in these units now has an array of choices depending on their location and budget. Studio apartment units have significantly increased in popularity recently, and the trend seems set to rise in the foreseeable future.
Prestige Primrose Hills launch a new apartment is Prestige Group.