The overall business and industrial development of Hyderabad has resulted in a vibrant, versatile and booming real estate market in the city. If you are planning to buy a property here, we have a list of 5 important reasons as to why you should invest in 2 BHK flats in Hyderabad as compared to a 1 BHK or 3 BHK.
Hyderabad is one of the most affordable cities when it comes to buying a flat or investing in real estate. With the overall business and industrial development in the city, there are several highly affordable real estate projects in areas like Shamshabad, Kukatpally, Miyapur, Manikonda, Uppal, etc.
But if you are planning to buy a flat in Hyderabad, it is better to go for a 2 BHK as it will benefit you in a number of ways. Five important ways in which it can benefit you are as follows:
- More space
2 BHK flats in Hyderabad don’t just bring with them an additional room, but the proportionate square foot area of the flat also increases. This provides you more space in your new home which you can use for creating a niche in your home, like a small library, studio, or home office.
- Future perfect
While a 1 BHK flat might be adequate for you now when you are single or newly married, you will feel the lack of space when your family grows in future. You will then be required to hunt for a bigger home, and there is a major possibility that the price of real estate in Hyderabad in future would be much higher. Thus, it is better to invest in a 2 BHK flat now and be prepared for the future.
- Amenities and perks
In many of the recent real estate projects in Hyderabad, the amenities, and perks that a homeowner gets depend on the size of their home. For instance, you can get a larger parking space as compared to someone with a 1 BHK home or special benefits from the club.
- Income source
If you do not need an additional room now, you can rent the same to a flatmate or a PG. And if you do not want to live in the flat and want to rent it out, you will surely earn higher rent with a 2 BHK apartment. As compared to 1 BHK and 3 BHK flats in Hyderabad, the demand for 2 BHK flats is much higher, and you won’t face any difficulties in finding tenants.
- Resale value
And as the demand for 2 BHK flats is higher, you will get excellent resale value when you want to sell your 2 BHK flat in future. No matter if you are just investing in the flat or plan to live there, the resale value of the home is an integral consideration and a 2 BHK flat will surely offer excellent returns.
So, if you are looking to buy a flat in Hyderabad, it is better to go for a 2 BHK flat if you want to experience the benefits mentioned above.