Are Studio Apartments the Future of Urban Living?

The space for living is revolutionising, and different living options are being introduced every day in the market. One of the most popular accommodation options nowadays is Studio Apartments. Studio apartments are nowadays in huge demand. The demand for studio apartments is huge among bachelors, students, working professionals, or couples who want accommodation at an affordable price.

Today we will discuss:

       •  Are studio apartments the future of affordable accommodation?
       •  What are the advantages and disadvantages of investing in a studio apartment?
       •  Best places to own studio apartments?
       •  Return on studio apartments?

What is a Studio Apartment?

Studio apartments are small flats where you get every amenity in a single flat. It contains a bedroom, bathroom, and kitchen within a single room. Studio apartments are the best option for students, couples who want a small space at an affordable price, and working professionals who are living away from their homes.

As per Mr. Rahul Choudhary, Co-Founder of Commercial Noida, the leading real estate firm in Noida, he thinks that the future will be of studio apartments as more people are leaving or going away from their home to earn money in different cities. So, they need a small space with all the basic amenities and utilities at an affordable price.

They don’t want to waste their time and money purchasing utilities and having an immensely hard time while shifting to another place. Studio apartments provide them the convenience in shifting and accommodating.

What Is The Average Size Of A Studio Apartment?

An average size of a studio apartment can vary from 500 to 1300 square feet. The concept of the studio apartment is to utilise space for its optimum usage.

Why Are Studio Apartments Gaining Popularity?

Studio apartments are gaining popularity because lakhs of working professionals are moving away from their native place. Some are working in Delhi, some in Bangalore or some in Mumbai and some in Noida. Some of them are also changing their jobs constantly and travelling from one city to another.

This creates the huge demand for the studio apartments among working professionals as they want a small space and a convenient option to shift at an affordable price. Apart from working professionals, students who are studying away from their hometown, or couples who want a small space or bachelors who want privacy and want to spend their time in peace, studio apartments are great options for such people.

Advantages Of Investing In A Studio Apartment

Studio apartments provide too much flexibility, they provide various advantages and cost-effective options such as:   

       •  Studio apartments are affordable because of low size
       •  Requires less time in cleaning
       •  Generally located in commercial areas, having MNC’s and corporates
       •  Optimum Use of Space
       •  Don’t have to spend on furniture and utilities

Disadvantages Of Investing In A Studio Apartment

The disadvantages of investing in a studio apartment include:

       •  Lack Of Storage
       •  Not sufficient for more than two people
       •  Less customization options

Best Studio Apartments Available In Noida And Yamuna Expressway

       •  Nimbus The Palm Village, Yamuna Expressway, Greater Noida
       •  Dasnac ARC, SECTOR 72 NOIDA
       •  WTC Quad, Techzone, Greater Noida
       •  Gaur runway suits, Yamuna Expressway, Greater Noida

What are the returns you can earn on a studio apartment?

Studio apartments are a superb way to earn amazing rentals. It can give you 15 to 50 thousand rentals easily based on location, sizes, and amenities. Apart from rentals, the appreciation in studio apartments is also high because of its demand. You can easily extract 20 to 25 percent of returns per year apart from rentals.