2 BHK Or 3 BHK: Which Is A Better Investment Option For You In Noida?
2 BHK Or 3 BHK
When considering the purchase of a flat, the question of whether to opt for a 2 BHK or 3 BHK often arises. Some buyers want to own a small apartment or some want to own a spacious apartment. In today’s blog, we will examine all the aspects of 2 BHK and 3 BHK apartments that you should consider before purchasing one between them.
Budget
When it comes to buying a flat in Noida, your budget is the key factor. Understanding your budget is crucial as it sets the stage for your decision-making process. In Noida's market, there's often a significant price difference between 2BHK Flats in noida and 3BHK flats, making it essential to consider your financial capabilities.
For example, if you purchase a 2 BHK flat in Noida Sector 128 and a 3 BHK flat in the same sector, you will find a significant gap in the prices of both apartments, even though they are in the same sector. The price difference between these two options is 50 to 60 lacs, which is considerable.
If the same flat option is bought in sectors 133 and 134, the price difference is 50 and 35 lacs, respectively. This is the average price difference, which can vary. For the most affordable prices, you can contact us at 7053707070.
Space
You may consider purchasing a 2BHK flat by reading the above section because of the price difference. But is it sufficient for your family? You might have a joint or family with more than five members. Will 2 BHK be enough for them?
If your family is big, you will need a 3BHK flats in Noida to provide them with sufficient space, as we all saw the need for a spacious home during the COVID-19 pandemic. Your children should have enough space to play or roam inside the house or for your elderly parents who cannot live in a congested space.
If someday guests come to your home, they should not feel that you are living in a jail but in a home. When there are more than 5+ people in your home, and you live in a 2 BHK apartment, there will be a vast space scarcity.
Rental and Resell
When it comes to rental and resale Property, it's important to consider the market demand. While it might be easier to find tenants for a 2BHK flat due to its affordability, the demand for spacious homes like 3BHK is generally higher. This could potentially impact the resale value of your investment. However, in Noida, it is easier to sell 3 BHK apartments than 2 BHK apartments because the demand for 3 BHK flats in Noida is high, and buyers want to move into a more spacious home after COVID-19.
Customization
One of the key advantages of a 3 BHK flat is the extensive range of customization options it offers. With more space to play with, you can add utilities and personalise your home to your heart's content.
Home maintenance
The maintenance cost of a 2 BHK apartment is lower than that of a 3 BHK apartment, which is why tenants want to own 2 BHK apartments.
Loan Amount
It's crucial to consider the amount of your loan or mortgage, as it directly impacts the size of your home. If the allowed loan amount is greater and the interest rate is reasonable, a three-bedroom apartment might be the best choice. However, if the loan amount is less and the interest is relatively higher, a three-bedroom apartment could be beyond your means. In this case, a two-bedroom apartment would be the most economical choice.
Conclusion
If you have the budget and want a great flat with all the facilities, go for a 3BHK flat in Noida. But if you have a lower budget and don't have much money, you should go for a 2BHK flat. Noida 2 BHK flat price and Noida 3 BHK flat price have a decent difference in their pricings. If you want to invest in flats in Noida at an affordable and the best price available in the market. Contact us at 7053707070
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