Studio apartment...why they are becoming popular among
homebuyers, especially among the young generation
A studio Apartment is a relatively new concept and
is gaining popularity in the urban cities of the country. As the urban population continues to grow, with the increasing number
of nuclear families and single working professionals, the demand for these
studio apartments has risen tremendously. There are its own pros & cons of
living studio style.
Especially at a time when the prices of the
regular apartments are sky rocketing, these studio apartments are small, self
contained and affordable. These units are way cheaper than the regular
apartments. They also have a very negligible maintenance cost. Mostly these
apartments are fully furnished; hence they reduce the cost and the burden of setting
up your house needs is almost eradicated. Today, the corporate office job takes the
maximum day time of the person and he/she spends majority time in the office,
they hardly have time for the household chores and maintenance. Keeping this in mind, these apartments have
come as a boon to the society and their demand is growing exponentially. With
the growing demand, still the units available in the market are far less. This has
also led to people buying studio apartment as second home and further renting
it to bachelors or nuclear families. There was a time when one would aspire to
own a well spacious house overlooking a lush green park or a pool. But today a
person looks for a compact space all because of the nuclear family trend. Over a period of time, studio style living
has gained popularity amongst bachelors and working professionals. Developers
have tapped onto this opportunity and have options in cities like Pune,
Gurgaon, Mumbai, Bangalore, Hyderabad etc.
Studio apartments are already prevalent in international cities like
Toronto, Singapore New York etc.
In short,
Studio apartments simply out together are a much smarter way of living
especially for single working professionals or newlywed couples.
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