The residential real estate market in Bangalore is currently ripe with opportunities available for the home investor. Buyers have a range of options available; however, increasing numbers of homebuyers today are preferring to invest in 2-bedroom flats. Here are five reasons why you should buy a 2-bedroom flat in the city:
Various Options - The city has numerous residential developments that are progressively coming up in various localities. While there are several one and three-bedroom flats available, the most common option is that of the two-bedroom unit. This presents the homebuyer with a wide array of alternatives in different residential projects. Also, the buyer is assured of finding a residential property in the locality of their choice.
Ample Space - Two-bedroom flats are the ideal residential spaces that provide every family member with much-needed space. These units have ample space available so as not to feel cramped or crowded in. These flats are beautifully designed to be bright and airy living spaces, perfect for the modern family.
Budget - Though there is a range of options available, many of the larger configurations are out of the middle-class buyer’s budget. Two-bedroom flats are usually priced lower and are more accessible for regular homebuyers. The EMIs on the home loans are also easier to repay, making these units extremely desirable.
Assured Income - The high demand for residential real estate, especially two-bedroom flats, assures the investor of a good return on their investment. There is also a growing rental market for two-bedroom flats as these are the ideal living spaces in the city. Homeowners will definitely earn high incomes from renting out their properties.
Safety - Residential developments that comprise two-bedroom apartments usually have several security and safety features incorporated. This means that families can reside here with no worries and being assured of being watched over at all times.
Tata Carnatica prelaunch residential township at Devanahalli, North Bangalore.