Priyanka Green Wood
Q: How is the demand for studio apartments in India?
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Young buyers' in cities preferring studio apartments studio apartments| real estate developers| real estate| Mumbai| Delhi-NCR (While margins remain low…) MUMBAI/NEW DELHI: After two years of looking Mumbai-based working couple decided that the only way they could acquire a home without compromising on lifestyle was to sacrifice square feet. Also, they preferred to pay equated monthly instalments (EMIs) and build an asset for themselves rather than shell out rent. For many young buyers thinking along the same lines, the studio apartment has become the dwelling of choice. Income levels and steep prices would necessarily have pushed the couple mentioned above to the distant suburbs if they wanted the standard 2BHK (two-bedroom, hall, kitchen) apartment. "This will lead to each of us wasting nearly three hours every day for commuting to and from office," said the husband, who'Young buyers' in cities preferring studio apartments studio apartments| real estate developers| real estate| Mumbai| Delhi-NCR (While margins remain low…) MUMBAI/NEW DELHI: After two years of looking Mumbai-based working couple decided that the only way they could acquire a home without compromising on lifestyle was to sacrifice square feet. Also, they preferred to pay equated monthly instalments (EMIs) and build an asset for themselves rather than shell out rent. For many young buyers thinking along the same lines, the studio apartment has become the dwelling of choice. Income levels and steep prices would necessarily have pushed the couple mentioned above to the distant suburbs if they wanted the standard 2BHK (two-bedroom, hall, kitchen) apartment. "This will lead to each of us wasting nearly three hours every day for commuting to and from office," said the husband, who'
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