Why is Buying a Studio Apartment in Lucknow a Good Idea?

Designs and reasonable pricing are the two strong points of apartments you find in Lucknow. From 1BHK to 3 or 4BHKs to studio apartments, the city features amazing range in affordable as well as luxury categories. Thus, it depends on your personal preference which one you like better. Some finance advisors and experts believe studio apartments make a perfect choice for professionals, who don’t want to waste their savings on rent and desire to increase its value by making smart investments. If you are one of those people, then lending an ear to this expert advice. It may prove beneficial for you.

What to Expect when Buying a Studio Apartment

Generally, studio apartments in Lucknow come fully furnished to make your daily living a complete experience. You don’t have to worry about setting it up from scratch. You can make a few additions here and there if you wish to or simply buy and stay put there to enjoy all modern comforts and amenities that are readily available. Some people may advise you against this choice because they feel when you can have a bigger 1BHK or 2BHK flat for same price, why settle for something less spacious. However, this argument doesn’t hold valid when you analyze it from a deeper perspective. To help you clear an air of confusion around such choices, certain critical factors are discussed below.

Less spacious, but highly cost-effective

Since most studio apartments are built over a small space, you cannot live with your family there. But, the urban builders are conscious of this thing and to ensure that the space does not feel cramped, they use innovative floor designs and patterns. As a result, even if your apartment is less spacious compared to a two or three bedroom apartment, you can live there peacefully with your wife and have your parents over your home whenever they like.

Another thing is that this option looks expensive on the outside, but if you consider the kind of amenities these are furnished with you will feel that they are worth the cost. Expensive bathroom fittings, modular kitchenette, use of anti-skid tiles, wooden or vitrified floorings, designer lighting, air conditioning systems and well laid-out living -dining areas make up for the price that you pay for these accommodations. If you do all this on your own in a flat, the cost could be far higher.

Potential of high price appreciation

Studio apartments are mostly well furnished and smartly designed. Thus, it becomes easy for you to sell it whenever there is a good price appreciation. These can be rented out as an alternative. Since smaller spaces are easy to manage and need less maintenance, you can be rest assured of getting buyers who are ready to pay the price you ask for. However, just make sure you are reasonable with the pricing. Per experts, the prices of these residential apartments are most likely to shoot up because of the interest people show in them. What attracts more buyers to this kind of properties is their innovative designs, contemporary comforts, proximity to commercial areas, connectivity to major transport hubs and shopping centers, etc.

So, if you thought studio apartment is not meant for you, then revisit your plan. These classy looking accommodations can add extra oomph to your lifestyle without draining your savings and when you feel you need to get rid of this, you can give it on rent or sell it to someone for an impressive return on your investment. The real estate companies in Lucknow have great deals for you. Consult established builders and all your worries should be sorted out.

Summary

Read this article for insights on why it may be a smart choice for you to consider a studio apartment when purchasing in Lucknow