
Buying a house has become much easier today as people can easily get home finance if they have a steady income source. Banks nowadays are more than willing to give out home loans to people who they think will be able to pay up in full. Many people can take advantage of this facility and own property and save out on the money spent in paying rents. Here’s more on who all can benefit from buying a 1 BHK studio apartment in Gurgaon, Delhi, Mumbai, and other cities where there are several educational institutions as well as employment opportunities.
Students
Nowadays, many students go to different cities to pursue higher studies. They usually stay in rented apartments or other accommodation facilities like PGs. Students, if they can afford it, can always buy a 1 BHK studio apartment and live there comfortably without having to bother about hunting about PGs or rented apartments. If need be, they can also ask a friend or two to shift in and pay a small amount as rent which they can use up for the EMI.
Artists and Painters
Painters and artists often need to have a separate space of their own where they can carry on with their work, meet with curators, as well as teach students. Such people can always have a studio apartment to serve as their studio so people at home do not have to deal with any unwanted intrusion.
Professionals in the Initial Stages of Their Career
Young professionals often move out to different cities to pursue their professions. Such people also mostly stay in rented apartments or PGs and keep paying a hefty amount in rent. Such professionals can always buy a 1 BHK studio apartment in a strategic location and instead of paying rents, pay the EMIs to eventually own the property.
Independent Single Women
Even in today’s day and age, people in big cities are reluctant to give apartments on rent to single women. As a result, many women have to face a lot of difficulties in finding good accommodation when they move to a new city for professional pursuits. Such women can immensely benefit from buying a 1 BHK studio apartment in Gurgaon, Delhi, Noida, Mumbai, Bangalore, and other such urban metropolises as this will give them the freedom to live life on their own terms. Moreover, since most of these apartments are within good residential townships, there is excellent security all over. These properties as such make the ideal setting for a woman to live comfortably and without any fear.
So, these individuals can benefit from buying a 1 BHK studio apartment.