Studio Apartment is a new thing on the property platter of Indian real estate. However, many people are apprehensive about the typology and whether it is worth an investment. If you also have doubts, then this is a must-read blog post. Here today, we talk about what is a studio apartment, the benefits of studio apartments, and everything you need to know about studio apartments.
What is Studio Apartment?
The studio apartment is a smartly-designed living space that consists of a living room, bedroom, kitchen, and attached bathroom. The unit size of such apartments varies between 250 Sq.Ft. – 700 Sq.ft, depending upon the budget, location, and developer mainly. Studio Apartment is privacy and other modern-day amenities-enabled living address. Despite the small unit area, a person has access to all services like food courts, multi-cuisine restaurants, a laundry facility, and a dedicated sports area to socialize.
Easy commutation to workplaces, IT hubs, educational establishments, ATMs, shopping malls, and other places is one of the benefits to know about Studio Apartments.
How much does a Studio Apartment Cost?
You must know about studio apartments price brackets in your city, as it varies from developer, location, amenities, and preference. You can own a studio apartment in Greater Noida by H&S developer at Rs.17 Lakh*. However, the starting price is Rs. 25 Lakh* in a city like Kolkata, and it can go up to Rs. 1 Crore* across India.
Why Invest in Studio Apartment?
As an investor, it is pivotal to know about studio apartments structures and the 1st on the list is budget-friendly residential spaces for property buyers and tenants. You can either reside in this property or rent the same for investment purposes. The rental return on a studio apartment varies from location to location as distance to workplaces, IT hubs, and malls matters. The shrinking living space in Tier-1 cities has escalated the demand for studio apartments. Hence it is a property that will yield smart returns.
Is Studio Apartment different from 1BHK?
1 BHK is a complete home with predefined spaces, and an open floor plan is a fact you should know about studio apartments.
The 1 BHK has a living room, bedroom, kitchen, and washroom. However, the studio apartment has no defined living area. If you plan to reside in a studio apartment then, you need to define spaces with a limited area.
Advantages You Must Know About Studio Apartment
1. Smartly Designed Spaces
Studio Apartment is the best option to enjoy living amid green open space with ample security and amenities.
2. Cut Down Utility Bills
With smartly compressed space, you will experience a decrease in power and water consumption in comparison to the regular living address. It is an important aspect to know about studio apartments.
3. Strategic Location
Most studio apartments are at strategic locations and offer quick commutation to workplaces, IT hubs, commercial arenas, educational establishments, banks, and hospitals.
4. Minimum Maintenance Cost
The studio apartment is easy to manage due to its size. Hence the property asks for minimum maintenance.
Ideas to Decorate Studio Apartment
Here are some ideas to decorate studio apartments as it has open floor plan.
- Use curtains as divider to segregate the space between living room, bedroom and kitchen. It is a common thing to know about studio apartments as it offers smart home décor.
- Sliding doors are good option to choose as it will cover less space than the regular door frame.
- Floor-to-Ceiling bookshelves will offer a dedicated book space and a designer look to the entire room.
- Loft Bed in the room will offer a classy look to the apartment as you can work or rest on the same.
- A glass wall or a small glass window defines area in the Studio Apartment.
Disadvantages You Must Know About Studio Apartments
- Studio apartments are not ideal for joint families
- There is no defined line between different areas to experience smart living
- Need for additional storage space
Conclusion
By the end of this blog post, you know about Studio apartments in-depth. So, consider all the above-mentioned points before finalizing one.
