There are so many factors to consider when picking a home that is suitable for you and your family – the most important being, the right location, and the right size.
Your family size and space required by your family is something to consider when picking the size of the apartment. Below are the various types of apartments usually available:-
Studio – ideal for bachelors and newly married couples
1 BHK – ideal for small families and retired couples
2 BHK & Single bath – comfortable for couples and families with 1 child and for couples seeking a work from home space
2 BHK & 2 bath – ample space for families with 2 children
You may want to consider your EMI commitment also when choosing the ideal size for your family. The bigger the apartment, the more expensive it will be and the higher will be your monthly EMI in the case of going for a home loan.
” In case you are planning to buy an apartment for investment purposes and not for living purposes, choose an apartment that gets the best rental income located close to corporate offices.”
Rent that you can expect based on the size of the apartment and location:-
Studio – Rs.5000- Rs.6000/-
1 BHK – Rs.8000 – Rs.10,000/-
2 BHK & Single bath – Rs.11,000 – Rs.12,000/-
2 BHK & 2 Bath – Rs. 13,000 – Rs.14,000/-