Buying a house is always a dream of everyone. And with the easy availability of home loans the youngsters are buying their dream house the very moment when they get a job. But, for the first time buyer, the dilemma appears when they started thinking how many rooms house would be better -1 BHK, 2 BHK or 3 BHK.
The well known real estate company like Alliance; answer this question by making more numbers of 2 BHK flats for sale than 1 BHK or 3 BHK. So, you can assume that if the supply is provided more, then it is only because of the high demand.
Let’s quickly get into the following reasons why in India, most of the people prefer to invest in 2 BHK flat other than 3 BHK.
1. The 2 BHK Flats are Easy to Get:
As said earlier, if you find any multi storey gated community apartments in Chennai, there will be mostly 2 BHK apartments in it. So, the time spend in searching is comparatively lesser when compared with studio apartment or 3/4 BHK apartment. Once you are sure with your location and budget, search for the flats for sale nearby definitely you will get many 2 BHK options to look for.
2. Future Reliable:
Yes, it is true that if you are a bachelor now or even if you are a newlywed couple then a 1BHK flat would be fine for you. But having an extra room can be a security for your future kids. Till then you can use it for other purposes.
3. More resale value:
As the demands are quite high, the resale value is always greater than invested. The percentage of profit is obviously depends upon the location and demand of the area, but getting a profit is for sure.
The main reason for going for 1 BHK is the less cost, but trust me that cost spend there, will be more useful than a future regrets. There are many builders who are making affordable houses for the clients to attract them. You can buy these houses or choose from an outskirt area where the houses are cheaper.
The buying a house is a lifetime investment. Usually we do by taking a loan and paying the EMI on a monthly basis. If you are going for a 2 BHK instead of 1 BHK, it won’t affect you much on the monthly installment basis as you are not paying the whole amount at once.
Even if you do not want to sell your property you can just keep it in rent to get extra income. The opportunity of finding a tenant for a 2 BHK is easy. And the return on investment is also very high.
The size of a 2BHK flat varies from building to building. Even if the size of your 2BHK is equal to the 1 BHK of some other building still, the extra wall in between will do a lot for you. You can use of that space by making it any other room like home office, guest room, study room, etc.
The size of the apartment and the amenities offered defines the maintenance cost of the house. Hence, 2 BHK flat will provide sufficient space for your living with the comparatively lower maintenance cost than 3 BHK.
The documentation for a 2 BHK flat is almost similar to 3 BHK or 1 BHK. So, you will not find it very difficult even if you change your mind. But if you already bought a 1 BHK flat, then to buy a 2 BHK flat in order to increase your space will take the same procedure.