Due to the rapid growth of population and space constraints in urban India, ‘small apartments’ are gaining popularity. Homebuyers are opting for homes that are smaller in size but well within their budget due to increasing rents and maintenance being more costly over time. Small apartments are compact, cost-effective, and easy-to-maintain.
Factors that have boosted the demand for small single bedroom apartments:
The property’s location
As the population of metro cities grows, so does the related development of civic and social infrastructure. “However, a majority of people tend to live in the city Centre for a variety of reasons, including accessibility, familiar surroundings, connections to social and cultural amenities, proximity to work and schools, and so on. Families tend to invest in single-bedroom flats because the cost is a major consideration in such areas. Smaller unit sizes necessitate better space management, which is favored by today’s families, and their maintenance charges also less.
The rise of nuclear families
Nowadays, nuclear families are common. Since the size of such families is smaller than that of a joint family, the space requirement is less. “Today’s traditional nuclear family has a different lifestyle, and their home-buying decisions have changed over time. In addition to the size and price of the house, parents understand the needs and requirements of their children. Besides nuclear families, working singles, or old retired couples, are potential buyers for 1 bedroom apartments.
Availability of amenities
Modern buyers also look for amenities such as a clubhouse, jogging tracks, swimming pools, children’s play area, etc., which appeal to their aspirations and needs. In this context, single bedrooms provide for the maximum utilization of available space, design, and comfort. “Clients want high-quality small units, without any compromise on amenities and hence, look for flats with all lifestyle-centric services and good connectivity. Even for high-end home investors, these small flats have an appeal, due to their location, economic feasibility, and comfort.
Scope of resale
Small apartments are easy to sell due to constant demand. Moreover, apartments come with several facilities as well as security provisions.
Enough Space for Everything
You may think that single-bedroom apartments won’t have enough space for your belongings at first. But, on the bright side, Take just what you need, and discard everything you haven’t used in a long time. You’ll have fewer belongings, less mess, and easier cleaning if you live a modest life. After some time, you’ll get the hang of living with the essentials in a smaller space.
If you’re looking for single-bedroom apartments in Bangalore, consider getting in touch with us at Adarsh Greens! We have several units available, and you can contact us any time