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2023-09-15
Home Buying Guide

Why 2 BHK Apartments Are Ideal For Investment?

Investing in real estate is lucrative and foolproof even today. Depending on the capacity of investment, one can choose to invest in residential or commercial properties. Commercial property is usually more expensive than residential property. Residential property is also safer compared to commercial property as residential property is easier to rent out or sell when required. It is known that apartments come in different configurations. Starting from a single room and kitchen to multiple bedrooms with kitchen, one can choose the size of the apartment they wish to invest in. The apartments are designated as BHKs which is an abbreviation for bedroom, hall, and kitchen. The number of bedrooms is mentioned in the beginning. That is why we see the usage of terms like 1 BHK and 2 BHK which means that the apartment is a one-bedroom, hall, kitchen etc. Amongst the many configurations, the 2 BHK is the most popular one due to many reasons.

Let us understand why.

Popularity

A 2 BHK apartment is very popular amongst end-users as it strikes a perfect balance between size and affordability. It caters to the needs of many different types of users like nuclear families, joint families, single users, and couples. It is not too small nor is it too large and it easily accommodates the different types of family units. Two bedrooms are ideal in most situations with minor adjustments.

Strong rental demand

In most urban areas there is a high demand for rental properties. A 2 BHK meets the accommodation criteria for most kinds of families especially nuclear families and single people who want to share apartments. It gives enough space as well as saves costs compared to large-sized apartments. This is the reason tenants prefer 2 BHKs. Investing in 2 BHK apartments in Dahisar for example is a lucrative option as it will ensure steady rental income due to the high demand for accommodations there.

Low Cost

A 2 BHK in a decent and urban locality is affordable for most investors. It fits the investment budget without putting much strain on first-time investors. The maintenance cost is not high for a 2 BHK property when compared to other large properties. This makes it ideal for beginners to start building a portfolio of real estate investment.

Appreciation

There is a good demand for 2 BHK apartments in any city. If one chooses a good locality with potential for development and urbanization, one can expect the property value as well as rentals to increase over time. It becomes important to conduct proper research and analyse various locations before choosing to invest in a property. By choosing a 2 BHK property in Dahisar East, one can be assured of price appreciation and high returns on investment.

The reasons have seen the natural emergence of a 2 BHK apartment as the most ideal property to invest in.



Home Buying Guide

Benefits of Buying Property in Dahisar

Dahisar is a well known suburb of Mumbai. This northern suburb is dominated by residential complexes where families have lived for generations. With the fast paced economic development, Dahisar has become an important hub of residential and commercial real estate in response to rising demand from homebuyers and upcoming businesses. This thriving suburb offers the best lifestyle and social conveniences compelling many builders to build world class residential complexes with premium amenities. This blog discusses why Dahisar is the best location for buying property. Connectivity Investing in projects in Dahisar East makes sense as it is connected to all the major parts of Mumbai by road, railway, and the upcoming metro. The suburb boasts of excellent roadways that connect all the major hubs and the western express highway which extends as the Mumbai Ahmedabad highway. The metro network which is developing at a fast pace will improve Dahisars connectivity by several folds. Three lines Line 7 will connect Dahisar to Andheri East, 2A to Andheri West and 2B to D N Nagar in Andheri West will make the suburb easily accessible to all the major economic hubs in Mumbai. Infrastructure The Dahisar Mira Road Bhayander micro market is seeing rapid infrastructure development to support the burgeoning real estate growth. Well planned roads, flyovers, and improved public transport have made the movement smooth within these areas. The concretization and road widening exercises have also improved traffic movement and access within the suburbs. Social Infrastructure Every family needs a sound social infrastructure that is conveniently accessible from their residence. Dahisar has some of the best educational institutions, hospitals, schools, supermarkets and shopping malls. One does not have to travel to the urban pockets of Mumbai like before, to enjoy a good weekend. Dahisar is self sufficient when it comes to choices for entertainment and leisure with multiplexes, cafes, restaurants and recreational centers that cater to every class. Amenities There was a time when most suburbs of Mumbai faced water shortages and power cuts. That is not the case anymore. Residences with 3 BHK flats in Dahisar East are free from water shortage or load shedding. Apart from amenities like swimming pools and clubhouses, many developers in Dahisar are innovating new concepts in amenities like rooftop pools, sky lounges and deck amenities indulging their patrons with new experiences. Real Estate Projects Given all the developments many builders and developers are constantly competing to offer residences with world class facilities and amenities to entice home buyers. The facilities and amenities in 2 BHK apartments in Dahisar are not only focussed on the residents. The projects come with options to entertain their guests and visitors too. Keeping the prestige aspect in mind gourmet restaurants, lounges and cafes are common so that members can indulge their friends and relatives. These advantages make Dahisar a top choice for home buyers to settle down. ...
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Home Buying Guide

Tips for First Time Home Buyers: What You Need to Know

You have decided to buy a home in Dahisar. That is a good decision. Dahisar is an established residential suburb that boasts of the best connectivity, social infrastructure, and entertainment avenues. But with the rate at which the real estate market is growing the number of housing projects is only increasing. The competition among the developers is fierce. The home buyer is spoilt for choices as this is the best time to buy a home. This blog discusses important tips for first time home buyers. Location Although Dahisar boasts of the best connectivity to all the regions of Mumbai, choosing a project within Dahisar can be a task. It would help to consider a few factors while choosing the location or the neighborhood. Your new home should be accessible from Dahisar station or the local bus stop. It should be well connected to all the local areas in Dahisar by road. Some locations have more premium projects while others may have a mix of mid segment, premium, and budget residential projects. You must consider these factors while short listing flats in Dahisar East that meets your requirements. Budget Dahisar has many residential projects falling into different price segments. From budget to luxury flats in Dahisar, one can choose their project depending on the funds at their disposal. By factoring in expenses, current liabilities and contingency fund you can calculate the amount you can invest in purchasing your home. In case you are opting for a home loan, you must research the rate of interest and other factors offered by lenders like banks and financial institutions. It is best to be pre approved as it will speed up loan disbursal. Many residential projects have tie ups with banks, which will be beneficial if you are pre approved with the designated banks. Safety & Security Dahisar is a safe and secure suburb as many families have been living there since generations. Yet, it is best to make sure that the project is not near localities that are unsafe and known for disturbing activities. The project should have a gated concrete fence and proper security systems in place. Vulnerable family members like children and senior citizens should feel safe on your property in Dahisar East. Due Diligence Legal due diligence becomes necessary as most people have a large sum invested in the property. The project should have all the legal paperwork clear and secured required permissions. It is best to hire a legal professional to check all the documents and paperwork. Even while completing the formalities of purchase consulting an experienced legal expert is important. If this step is ignored then it could cause legal problems at a later stage causing stress to the home buyer. By researching the location, working out the budget, checking the safety measures, and conducting due diligence one can rest assured that their home is secured for themselves and their family. ...
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