Buying property is a great deal for everyone, especially if you’re buying a 1 BHK in Goregaon West near station for the first time. But this process involves a lot of research and there are so many factors that one needs to consider while investing in a property.
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1 bhk or 2 bhk – which is a better option
1. 1 BHK OR 2 BHK – Which is a Better Option?
Buying property is a great deal for everyone, especially if you’re buying a 1 BHK in
Goregaon West near station for the first time. But this process involves a lot of research
and there are so many factors that one needs to consider while investing in a property. For
example, you have to select the location, which type of apartment you are looking for, the
size of your family if you’re planning to buy an apartment and settle there forever, your
budget and proximity to healthcare, education institutions, malls, and restaurants that
cater your lifestyle.
Other than that, if you are looking to buy property for investment purposes, deciding
whether to buy 1 BHK in Goregaon West near station or 2BHK in Goregaon is a tough
decision. 1BHK is reasonably priced than a 2BHK, but if you evaluate the market trend and
other factors, a 2BHK comes out more pocket-friendly and cost-effective. That's why to
help you make the decision, here we have mentioned some of the factors that can help you
to consider that which one of those two apartments would be perfect for you.
Why buying a 1 BHK apartment is a good option
Affordable - The smaller the unit the more affordable the apartment is. That's why a 1BHK
unit is much more affordable than a 2 BHK unit. Besides, a 1 BHK in Goregaon West near
station is an ideal starter home for a first-time homebuyer on a budget. Less capital
involved would mean that the homebuyer will have to make a small down payment and
smaller equated monthly instalments. Apart from this, if you are looking to invest your
money in residential property, 1 BHK flat is a perfect option for you too.
Can save up monetarily - Investing in a 1 BHK in Goregaon West near station will cost a
person less and they won't have to pay a large amount of loan and interest in the long run.
And once the loan is repaid, the investor can save his money for future investment.
Lower property tax and utility costs - Unlike other big houses such as a penthouse or
villa, having a 1 BHK apartment will cause you less trouble as you will not have to shell out
a large amount for maintenance, utility costs, property tax, upkeep, and the necessities
required for the room. This can save you a lot of amounts.
Now, let’s see, why 2 BHK is the best Real Estate investment option available
Spacious - A 2 BHK unit will be much roomier than a single BHK apartment. You will have
larger rooms and more outdoor space. Nowadays many developers also provide you with a
kid’s room or a study room to give a 2 BHK unit a bigger and better look. It offers extra
space which helps the homeowner to accommodate their furniture and plan the home
decor accessories accordingly.
2. Better target audience - In the last few years, 2 BHK apartment has become one of the
most preferred types of units in metro cities, especially among nuclear families or with a
small family of four to five people. This type of unit is also best suited for migrants who
have shifted from their hometowns to cities.
Resale value - A 2 BHK apartment in a city like Mumbai is going to be a lucrative long-term
investment. And the appreciation value of 2 BHK is definitely going to increase so if you
want to sell the flat anytime in the future, you can expect a good resale value. Besides the
demand for 2 bhk flats in Mumbai has also increased, due to the growth prospects the city
offers. Which makes a 2 BHK apartment the best investment option for you.
Final Takeaway
As you have read the article, you have come to know what are the benefits of buying a 1 or
2 BHK apartment. So now if you are planning to buy 1 BHK properties for sale in
Goregaon West or looking for 2 bhk property for sale in Goregaon West, visit The
Chandak Group - www.chandakgroup.com. They will offer you some of the best property
deals in your budget.
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