When making a real estate investment, the most pertinent question in almost everyone’s mind is – should I opt for a 2 BHK or a 3 BHK flat? If you also are in a dilemma over this question, worry not. Let’s look at a few points to help you justify your investment decision in the market and personal aspects of real estate India.
Things to Consider When Confused About the Number of Bedrooms
1. Space Needed
When looking for a house in general, the most important thing to consider is – how much space your family needs. If you have a family of 4 or less than 4 people, you should more likely opt for a 2 BHK. However, if you have a family of more than 4 people, you must always consider going for a 3 BHK apartment as it offers you the extra space required. As the number of people in your family increase, you must look for bigger-sized apartments with a higher number of bedrooms.
2. Special Requirements
Besides family strength, another critical factor that can impact your investment regarding getting a 2 or 3 BHK is your need for unique rooms. Suppose you are planning to build a space for your office, fitness, entertainment or other special needs; you should opt for a 3 BHK as it offers you a spare room that you can convert into a space that meets your specific requirements.
If you are someone who has frequent overnight guests at your home, you must choose the option with more bedrooms that can help you efficiently manage the added number of people and the space required for their accommodation. You must also opt for a 3 BHK apartment if you have or are planning to have pets. Including an additional room for your furry companions might help them cope with their hard times and also help them recover from their ailments quickly by being away from the daily hustle and bustle of the house.
3. Price Difference
While it might seem redundant to state this, pricing plays a significant role in all types of investment, especially real estate. For example, if you are considering getting a 2 BHK flat in Bangalore, the price at which you buy the apartment in the heart of the city would be enough to get you a largely spaced and more bedroom-equipped option like a 3 or 4 BHK in the outskirts of Bengaluru. Therefore, understanding your requirements regarding proximity to the city’s heart and knowing your upper limit budget can help you make a sound decision.
4. Rental Prospects
Undeniably, the higher the number of bedrooms and the bigger area of the house, the bigger the returns. If you own a 3 BHK house and put it up for rent, you will likely receive more demand and higher quotes of monthly rent. However, if you have a 3 BHK in the outskirts of an Indian city, it is less likely to attract prospects than your apartment in the city’s centre. So, if you are purchasing a 2 or 3 BHK apartment to rent, you must consider the location thoroughly before deciding.
These are some of the most crucial factors to consider if you are confused about what house configuration you should choose. If you are actively looking to invest in real estate India, you must take a look at Tata Housing. They are a reputed brand that offers everything from studio apartments to lavish villas across some of the country’s most sought-after destinations.