When it comes to apartments in Chennai, there are so many options to choose from. There are low-rise, mid-rise, and high-rise apartments. There are huge apartment communities and smaller complexes. Then there is the location in which they are placed. But before going into all that, we need to choose what kind of unit we are looking for i.e. How many rooms do you need for your family to comfortably live in.
Here are the top reasons why 2 BHK flats are the optimum choice for home buyers.
Ready Inventory:
There is always a steady supply of 2BHK homes. Most developers include 2 BHK as a major portion of their stock, while 1 BHK, 3BHK and more are hard to come by or you might have to wait for project completion to move in. It is easy to find 2 BHK flats in any of your preferred locations and well within your budget. You might also get more options to choose from than your initial search.
Ample space:
2 BHK apartments in Chennai have ample space for an individual, a family, or simply for friends who wish to share a flat temporarily. You won’t have to face a shortage of space as you would in a 2 BHK home and everyone gets their privacy. As the family grows you can make use of the second bedroom.
High Resale value:
Flats generally have a good resale value. Property prices are always increasing in the city, and even if you plan to sell, you would make a handsome profit out of it. The only thing you have to ensure is to maintain the apartment in good condition. Whatever you invest, will almost certainly give good returns, especially if the flats are located in a premium residential location.
Economical:
The price of 2 BHK flats are mostly within the budget of new and recurring home buyers. 2 BHK flats in premium apartments in Chennai are affordable when compared to 3 BHK and 4 BHK flats in other areas. You might as well invest in a community that has superior amenities so everyone in your family can experience a lifestyle of luxury. People also tend to go for 1 BHK homes thinking they are more affordable but there are a lot of developers that offer 2 BHK homes at optimal rates and they are much more convenient than 1 BHK anyways.
Better investment:
2 BHK homes are always easier to rent out than other types of properties. They also get you a good rental income that is affordable for renters. If you have no plans for selling the property, you can always lease it or rent it to earn a passive income. There are more takers for these homes. So this becomes the apartment of choice for those buying a home for investment purposes rather than living in it.
Easy maintenance:
2 BHK apartments in Chennai will incur lower maintenance costs than 3 BHK or 4 BHK homes as the maintenance dues are calculated on the area of the house. Moreover, 2 BHK homes are easier to maintain and clean than larger homes, while smaller homes might get cramped with lesser storage space.
Documentation:
The documentation costs of a 2 BHK home are also considerably lower than that of a 3 BHK or 4 BHK. This is because the documentation costs are also calculated on the value of the property. You would still get a spacious home but for a reduced price as you save on the documentation costs too.
Now you know how advantageous 2 BHK flats are, come check out Lifestyle Housing 2 BHK flats in TNagar. If that’s not your location then there is always our project with 2 BHK flats in Porur. Our projects are equipped with premium amenities that will make your life here very comfortable.