Why are Studio Apartments the next big thing

December 6, 2018

Studio apartments: Here’s why more people are opting for them today

There was a time, not so long ago when people’s dreams were dominated by the square feet of the houses they wanted to buy, and very often these numbers were always large. After all, having an impressive home to call your own has been a sought-after long-term financial goal for most people. With time, however, while the dream hasn’t changed, the idea of ‘dream homes’ has.

What has led to this shift in thinking?

Various factors have attributed to this shift in thinking. Real Estate has boomed manifold and made buying property less affordable for the not-so-affluent middle class. Often, purchasing a spacious house would entail having to move outside the city or to the suburbs, resulting in longer commutes and other inconveniences. Additionally, the cost of maintaining a large property is quite high and leaves you wondering if it is worth spending so much money.

Today, there is a definite shift in current lifestyles – one that focusses on minimalism or the idea of ‘less is
more’. Many buyers are more aware of their footprint and responsibilities to the environment. It has all led to a new world of studio apartments! This style of living is often associated with the Western world. However, India has caught up with the trend and how!

Reasons why studio apartments are becoming popular

• Affordability is one of the chief reasons why studio apartments are the preferred choice today. It is true that there has been a rise in incomes, but inflation has not made life easy, and studio apartments are a fair choice in that respect.

• Lower utility costs are another area where studio apartments score big time.

• They are also easier to maintain, especially for those who work long hours and lead hectic lives.

• Moreover, furniture can be specifically designed for such homes, making it easier for residents to style depending on their preference and taste.

There has been a clear upward trend in the demand of such apartments, and each time there is a property on sale, studio apartments are almost the first ones to be picked up. Not just in metro cities, but tier-2 cities as well have seen a surge in their demand, especially by the younger generation. Whether it is for single, working individuals who look for affordability and comfort, or for young couples or families that want convenience and connectivity, studio apartments seem to an excellent choice for all kinds of buyers. These affordable and compact homes attract those who are more concerned about their lifestyle rather than space.

Salarpuria Sattva Group was early to identify this exciting trend. It has been dedicated to converting the dreams of affordable housing into happy realities. The brand understands that choosing a home is like choosing a life partner; you wait until you find the perfect one to spend your life with. With that in mind, Salarpuria offers a wide range of choices in terms of design, amenities and locations, so that it meets the requirements of every potential homeowner. So, what are you waiting for? Go ahead and buy your dream home today!