In the last few years, the real estate market in India has witnessed rapid-pace development. Whether you are single or have a family, with the revised governmental policies, anyone can afford the home of their dreams today. Deciding on whether to buy a Bedroom, Hall, and Kitchen (BHK) apartment, penthouse, or villa confuses them.
A BHK apartment is definitely more cost-effective and budget-friendly, as per the evaluation of market trends and other vital factors. In this article, let’s take a look at the benefits that homebuyers enjoy when they invest in a BHK.
Why you should invest in a BHK?
There are BHK apartments available for all kinds of budgets. Whether you want a 1 BHK for yourself or a 4 BHK for your family, you are sure to find an apartment for yourself at a good locality and that too, under your budget. BJKs are cost-effective and affordable for sure.
For example, the rate of 1 BHK in Noida Expressway varies between Rs. 20 lakhs to Rs. 25 lakhs. If you increase your budget by nearly Rs. 5 lakhs, then you may even get a 2 BHK there. You can get more space by putting in some more money. Cities like Hyderabad, Bengaluru, and Chennai follow a similar price chart. However, if we talk about cities like Mumbai or Gurugram, you can get a lavish 2 BHK unit equipped with modern facilities by shelling out a little higher amount from your pocket. That is the reason why many potential real estate investors wait and save enough money so that they can buy their dream homes in such locations.
- Market Availability
New policies like affordable housing are implemented in the real estate market. Therefore, a mid-segment working professional can now think of buying a BHK apartment at reasonable prices. Also, developers are also launching BHK units more as their demand is higher in the real estate domain as compared to any other type of property.
BHKs are quite roomier in accordance with their cost. There are bigger rooms and more outdoor space. Even a 2 BHK apartment can be given a bigger look if a developer adds a kid’s room or a study room. The furniture can be accommodated easily by you and you can also plan the home décor accessories accordingly without putting in much effort.
- Future Planning
Most people purchase a home when they are settled with their family or are planning to have one. In such situations, a BHK apartment is the best real estate investment as it is a decent option for your future. As your family grows, different areas of your BHK apartment can be utilised properly.
- Returns & Profit
For medium-sized families and nuclear families, BHK apartments are ideal investment options in the real estate market. Putting your money there for the long-term purpose is certainly the best investment decision you can make for a better return of investment (ROI). Owing to their affordability and higher ROI, BHK apartments can be rented out or sold easily.
Owing to all these advantages, it is always better to purchase a BHK apartment if you are planning to invest in the real estate market.
Thinking of investing in a BHK apartment? Trust none but the best—Omaxe Group. It is now counted among the top builders in India. The most trustworthy brand in real estate, it has a presence in the following locations:
- New Delhi
- New Chandigarh
- Greater Noida
- Yamuna Nagar
The BHK apartments in these locations are well-equipped with world-class facilities. The group has more than thirty years of experience and it has delivered 11.72 million meter square (126.15 million square feet) of space in construction contracting and real estate. A leading and reliable real estate developer, the brand ‘Omaxe’ was founded in 1987 by first-generation entrepreneur & civil engineer Mr. Rohtas Goel.