If you are reaching to rent Associate in Nursing housing alone, you may be trying to decide whether you want to live in a studio or a one-bedroom apartment. Both kinds of apartments are very talked-about for single renters and every one has its own advantages.Here's the way to decide whether or not a studio or a one-bedroom housing is that the best answer for you.
Faced with slow offtake in high-ticket residential residences, property developers are launching one bedroom (BHK) apartments to generate fast liquidity.
Some marquee names in housing like Hiranandani, Kalpataru, Man Infrastructure and Omkar have either launched or are launching one-BHK apartments in Thane and therefore the Mumbai suburbs. Builders within the metropolis Region (NCR) space around Old Delhi also are obtaining active on onebedroom and studio residences.
“Spacious, high-end residences area unit seeing lesser offtake,” notes Ashutosh Limaye, director, land intelligence agency, Jones Lang Rene-Robert Cavelier, a world property authority. “That is why developers area unit launching smaller residences in extended suburbs. though one BHKs sell well inside town limits, developers don't pair for industrial reasons.”
The trend is catching up amid a gradual decline within the absorptions at NCR and Mumbai, the country’s largest holding markets. they need come back down from fifteen to twenty million square foot a month from the start of 2011 to ten million square foot within the NCR, whereas metropolis is seeing AN absorption of six million square foot, at a 25-month low, in line with a recent report by SBICap Securities.
“The moment you would like to maneuver your inventory quick, the size has to be smaller, as bigger apartments inch,” says Bharat Dhuppar, chief promoting officer at Omkar Realtors and Developers. it's aiming to launch one-and-a-half BHKs within the Goregaon space of metropolis.
Consultants recall some big names like Unitech, DLF and Puravankara got into mid-income housing in 2008-09 to get quick cashflows during the slowdown within the property market. several started specializing in premium residences once the demand picked up.
“There could be a marketplace for one-BHK. that's why we are launching a project,” says Niranjan Hiranandani, managing director of Hiranandani Constructions, which is launching one-BHK apartments at Hiranandani Estate in Thane. every housing, of 630 square foot in size, costs around Rs 50 lakh.
Tata Housing, a Mumbai-based factor, has conjointly been launching worth homes, generally one-BHK flats with space starting from 283 square foot to 489 square foot. the worth of those units might vary from Rs three.9 large integer to Rs seven.8 lakh, betting on the placement and size.
Amrapali, a developer active within the NCR, launched a one-BHK project simply a month agone in Noida, at a value of Rs twenty large integer. “We can launch this product class with each future project of ours, as the demand from this class is terribly high in the NCR,” says CMD Anil Kumar Sharma.
He says there are government restrictions in Noida associated with the amount of apartment units per hectare. The number can’t exceed 1,600 in a square measure. “So, solely massive developers United Nations agency have a bigger space can opt for this phase.”
Supertech, another NCR-based builder, launched 2 one-BHK/studio housing merchandise in December. meet 550 square foot, these were priced at Rs fifty five -70 large integer. R K Arora, CMD of Supertech, says the value of a one-BHK or flat comes intent on be terribly high. Reason: “There is wastage of common space.” Also, there is demand from people who live abroad, however come back to Asian nation for vacations. “A smart bedroom can price them Rs eight,000 per day, in order that they like staying in these residences.”
According to holding analysis firm PropEquity, NCR saw the absorption of two,959 one-BHK units from Gregorian calendar month to Oct 2011 against the launch of six,897 units. The metropolis Metropo-litan region has seen absorption of four,309 units against the launch of eleven,429 units throughout this era.
Pranay Vakil, chairman of property practice Knight Frank, says several developers also are launching comes with smaller residences, as it is obligatory underneath new development rules for the town that a developer ought to earmark a sure share of every project for residences of five hundred sq linear unit. Even consumers say one-BHK residences area unit economical and match into their budgets.
Says Nitin Raikar, United Nations agency bought a housing within the Godbunder space of Thane 2 months ago: “We needed to shop for a two-bedroom housing, however costs area unit therefore high that we have a tendency to set to accept a one-bed unit.”
Why Rent a Studio?
People United Nations agency rent a studio housing fancy paying less rent every month , which translates to significant savings year after year. the {easy} plan of a studio makes it relatively easy to brighten, and it doesn't require as much furniture to achieve the feeling of being "settled in." Studios area unit ideal for renters United Nations agency do not have several belongings that they want to show or keep handy in their housing.Why Rent a One-Bedroom Apartment?
One-bedroom flats attract renters United Nations agency want extra space and multiple rooms in their housing. Having a separate bedchamber is smart for renters United Nations agency like to do a lot of fun (your bed and connected effects ar out of the method and out of sight) or United Nations agency have guests pay the night (they will sleep with bigger privacy on the couch in the alternative room). Also, if you telecommute, you may prefer to spend the workday in a different room than the one in which you sleep each night, for a change of scenery.Decide if You Need the Upgrade
Deciding between rental a one-bedroom lodging or a studio lodging boils down to thinking of a one-bedroom lodging as Associate in Nursing upgrade (since it prices more), and deciding whether or not the upgrade is worthwhile to you. As you browse higher than, one-bedroom residences supply bound edges reciprocally for the upper rent, however these edges are not valuable to each renter.Also, some renters WHO will afford a one-bedroom lodging decide they might like, or a minimum of would not mind, living during a studio. If this is often your scenario, contemplate looking for a studio however budgeting a lot of for your rental. as an example, search for a studio that gives glorious views of your town or a close-by park or lake, or during a building that gives a lot of amenities.Faced with slow offtake in high-ticket residential residences, property developers are launching one bedroom (BHK) apartments to generate fast liquidity.
Some marquee names in housing like Hiranandani, Kalpataru, Man Infrastructure and Omkar have either launched or are launching one-BHK apartments in Thane and therefore the Mumbai suburbs. Builders within the metropolis Region (NCR) space around Old Delhi also are obtaining active on onebedroom and studio residences.
“Spacious, high-end residences area unit seeing lesser offtake,” notes Ashutosh Limaye, director, land intelligence agency, Jones Lang Rene-Robert Cavelier, a world property authority. “That is why developers area unit launching smaller residences in extended suburbs. though one BHKs sell well inside town limits, developers don't pair for industrial reasons.”
The trend is catching up amid a gradual decline within the absorptions at NCR and Mumbai, the country’s largest holding markets. they need come back down from fifteen to twenty million square foot a month from the start of 2011 to ten million square foot within the NCR, whereas metropolis is seeing AN absorption of six million square foot, at a 25-month low, in line with a recent report by SBICap Securities.
“The moment you would like to maneuver your inventory quick, the size has to be smaller, as bigger apartments inch,” says Bharat Dhuppar, chief promoting officer at Omkar Realtors and Developers. it's aiming to launch one-and-a-half BHKs within the Goregaon space of metropolis.
Consultants recall some big names like Unitech, DLF and Puravankara got into mid-income housing in 2008-09 to get quick cashflows during the slowdown within the property market. several started specializing in premium residences once the demand picked up.
“There could be a marketplace for one-BHK. that's why we are launching a project,” says Niranjan Hiranandani, managing director of Hiranandani Constructions, which is launching one-BHK apartments at Hiranandani Estate in Thane. every housing, of 630 square foot in size, costs around Rs 50 lakh.
Tata Housing, a Mumbai-based factor, has conjointly been launching worth homes, generally one-BHK flats with space starting from 283 square foot to 489 square foot. the worth of those units might vary from Rs three.9 large integer to Rs seven.8 lakh, betting on the placement and size.
Amrapali, a developer active within the NCR, launched a one-BHK project simply a month agone in Noida, at a value of Rs twenty large integer. “We can launch this product class with each future project of ours, as the demand from this class is terribly high in the NCR,” says CMD Anil Kumar Sharma.
He says there are government restrictions in Noida associated with the amount of apartment units per hectare. The number can’t exceed 1,600 in a square measure. “So, solely massive developers United Nations agency have a bigger space can opt for this phase.”
Supertech, another NCR-based builder, launched 2 one-BHK/studio housing merchandise in December. meet 550 square foot, these were priced at Rs fifty five -70 large integer. R K Arora, CMD of Supertech, says the value of a one-BHK or flat comes intent on be terribly high. Reason: “There is wastage of common space.” Also, there is demand from people who live abroad, however come back to Asian nation for vacations. “A smart bedroom can price them Rs eight,000 per day, in order that they like staying in these residences.”
According to holding analysis firm PropEquity, NCR saw the absorption of two,959 one-BHK units from Gregorian calendar month to Oct 2011 against the launch of six,897 units. The metropolis Metropo-litan region has seen absorption of four,309 units against the launch of eleven,429 units throughout this era.
Pranay Vakil, chairman of property practice Knight Frank, says several developers also are launching comes with smaller residences, as it is obligatory underneath new development rules for the town that a developer ought to earmark a sure share of every project for residences of five hundred sq linear unit. Even consumers say one-BHK residences area unit economical and match into their budgets.
Says Nitin Raikar, United Nations agency bought a housing within the Godbunder space of Thane 2 months ago: “We needed to shop for a two-bedroom housing, however costs area unit therefore high that we have a tendency to set to accept a one-bed unit.”
0 comments :
Post a Comment