Choosing the perfect house among all the available choices can be a tedious task indeed. The four-letter word ‘HOME’ instills thousands of feelings within us. But, with time, the preferences of the people have changed. The present generation is investing more in flats than on villas. As a result, the flat sales have significantly gone up in the past few years.
Hyderabad, which lies as a landmark city of India, is evolving with every passing day. The city faces innumerable migration every year. With the amount of people moving in, the demand for flats in Hyderabad is also increasing.
The most common type of flat that people invest in is either a 2 or 3 BHK flat. People tend to invest in 2BHKs more as there exists this belief that 3BHKs are costlier. In this article, we are about to list a few reasons why investing in 3BHK flats in Hyderabad is a better idea.
Reasons to Choose 3BHK over 2BHK flats in Hyderabad
1. Greater Space
Everyone likes their homes to be big and spacious. 3BHK flats in Hyderabad provide a greater space. With most of the families having 4-6 members, 3BHK flats are ideal choice. The flat can accommodate everyone comfortably. Even if you have a 2-4 member family, the additional rooms can be converted into office space or guest rooms.
In Hyderabad, which is a suburban city, there would be plenty of guests visiting your house during family get-together or office parties. By choosing 3BHK flat, you have the space to accommodate everyone.
2. Economical Choice
Most people do not know that buying a 3BHK is much more economical than buying a 2 BHK flat. At just 20 to 30% higher price, you can get an additional room, bigger space and add more aesthetics to your house.
In cities like Hyderabad, the average price of a 2BHK apartment could range between 40 – 50 Lakhs. On the other hand, you could get a big and spacious 3BHK flat in about 52-55Lakhs. These are average prices and do differ with the change in localities.
Another important reason of why it is wise to invest in 3BHK apartments in Hyderabad is the planning of the city. Most of the well-known and gated societies offer 3BHK flats. To get your hand on a 2 BHK flat, you might have to move towards out-skirts of the city. This can cause transport and connectivity problems. It’s wiser to be on the safer side.
4. Easier to get Loans
If you are planning to take a loan for a house as small as a 2BHK flat, you are likely to face some rejection. Banks and loan providers are more keen to provide loans to bigger apartments and renowned projects.
A house is a permanent asset. It’s advised to plan your house according to your future needs. In places like Hyderabad, it’s important to stay connected. With all the reasons listed above and a few more aspects, investing in a 3BHK flat is a much more convenient option. But the decision is yours. Think twice and then decide.