Buying real estate in Bangalore isn’t easy – it requires time, patience, and hard work to make sure you pick the right property. One of the first questions that you’ll need to answer before making this big decision is whether or not you should go with a 2 BHK (bedroom, hall, kitchen) apartment or a 3 BHK (or more) apartment instead. Here are reasons why 2 BHK flats in Bangalore are your best bet if you’re looking to get into the property market in Bangalore.
2BHK flats in Bangalore
An ideal proposition for small families, these apartments are suitable for young couples and young working professionals. Being compact and space-efficient, 2 BHK flats are among the most sought-after properties in Bangalore’s real estate market. If you’re living with your parents or siblings and looking to start a new life of your own, buying a 2 BHK flat is an excellent option. Buying two bedrooms is even better if you plan on having children soon. You can build one room into a nursery with two bedrooms at your disposal. Since 2BHK flats usually cost less than 3BHK flats, they make excellent options for young families with low budgets as well.
What are the reasons to buy 2 BHK flats in Bangalore
Yes, there are many reasons why one should own a 2 BHK flat in Bangalore. These are mainly because of the following points.
Affordability
Buying a flat is more affordable than renting. A recent study pegged annual gross rental yields for apartments across the top eight Indian cities at around 4-4.5%. Every month that works out to between Rs 25,000 and Rs30,000 per month. That’s why most people prefer buying property rather than renting it. Even if you’re a young professional who’s just starting in life. You need space, a decent amount of it, but not so much that it would put too big of a dent in your wallet. And since you’re new to working and living on your own, you don’t want to shell out too much cash for rent.
Resale Value
If you’re planning to resell your flat, 2 BHK flats are a great choice. Since there are fewer on offer and they’re pretty affordable, demand for these units is often high. As such, their resale value tends to be quite good—, particularly when compared to other property options like villas or penthouses. So while you buy 2 BHK flats in Bangalore, it might not fetch as much as a larger unit, it’ll still get you more money when it comes time to sell.
Best investment
If you’re looking for an investment that will grow in value over time, a 2 BHK flat in Bangalore is one of your best bets. As towns and cities across India face extreme residential pressure, 2 BHK flats are becoming increasingly attractive to buyers, who see them as a good investment. Some of India’s more vibrant metropolises—such as Delhi and Bangalore—have seen substantial price spikes due to an acute shortage of housing stock.
Easy maintenance
Flat owners in Bangalore will tell you that one of their biggest gripes with apartments is how difficult it can be to maintain them. 2 BHK flats are easier to maintain than 3 BHK flats because there’s less space to keep clean and organized. They also come with kitchens and balconies, which means they’re better ventilated and have more natural light.
Conclusion
To buy 2BHK flats in Bangalore is one of those processes that make us all sweat. If it weren’t for so many documents, physical visits, standing and running around, we’d already be living in our dream home by now. But there’s no escape from red tape. So what if we were to tell you there was a way to cut corners and save both time and money? We’ve got just that for you right here!
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