Delhi, the power center of politics and a thriving business hub is home to aristocrats. Thus, locals' hunt for investment options is always on. Other than regular investment chase, studio apartments in Delhi are the newest. Despite being a non-liquid asset, its features and benefits distinguish it from a regular residential property.
If you are an investor, here are things to remember about investing in compact living spaces in India's national capital.
Top Reasons for Buying Studio Apartments in Delhi
- Demand Surge - Since independence, the city has been the spotlight for its development. The quality lifestyle and employment growth bring people here. Thus, the city has a plenteous young generation, and with that comes financial independence. It eventually reflects in independent living and the demand for residential accommodation is zenith.
- Budget-Friendliness - The initial career growth and the dream to own a property run parallel. The option to invest in studio apartments in Delhi is a treat for young professionals. It is an immovable asset in the city, earning them the tag of property owner and lifelong returns. The cost of such a compact asset is equal to that of a 1 BHK or 2 BHK apartment. Thus, one need not wonder about how an investment is possible at a young age.
- Continuous Price Rise - Earlier it was Master Plan 2021 and now the advance map. The infrastructure development leads to an increase in overall living standards. With roads and metro expansion, the connectivity between home and other places curbs. Thus, comfort and connectivity result in property price rise. Hence, buying studio apartments in Delhi today is equal to a financially secure future.
- Lifelong Income - Delhi is famous for quality education and witnesses' high footfall to students pursuing education at Delhi University. Young minds often look for small and sharing spaces to live while studying. Your immovable asset is a roof for many of them and it is a never-ending cycle. Thus, you can yield high rentals lifelong from the property and rent value will increase according to the property market value.
- Low-Maintenance - Effortless is the word! An investment with handsome money mostly asks for high maintenance. But, here the case is different as the property asks for minimalistic maintenance. The well-positioned studio apartments in Delhi are easy to manage.
Factors to Consider Before Buying Studio Apartments in Delhi
- Location - Do not fall for low-value immovable assets in the national capital. Explore, the location before considering a property. Check the travel feasibility as rental income potential also depends upon the location. The connectivity of studio apartments in Delhi with workplaces and shopping destinations is important.
- Security - It is the top priority for everyone irrespective of gender. Thus, check if there is an advance security provision in the vicinity. A property in an unsafe locality is equal to liability. Thus you must think twice before investing in an immovable asset anywhere.
- Amenities - All thought property has limited amenities to avail but a lot depends upon layout and developer. Premium amenities like Wi-Fi and laundry are available at some properties. Hence, you must explore multiple options before finalizing the one.
Delhi national capital is a perfect place to make real estate investments. The capital appreciation and the opportunity to yield RoI are higher in the city in comparison to other places. The high employment growth rate and the possibility of excelling in life are on the higher side. Thus, you must consider investment in studio apartments in Delhi.
