Due to various reasons, studio apartments are becoming more popular in tier II cities. Tier II cities now witness a surging demand for studio apartments.
These apartments are built without a wall to separate your bedroom and kitchen. They are normally small yet not congested. They are small in size and so are in prices. Do you ever prefer to live in such a small house? Whether you like it or not, it is true that the demand for studio apartments is increasing.
There is higher demand for studio apartments in the tier II cities. This is more visible in cities like Chandigarh, Jaipur, Mohali, Surat and so on. Coimbatore, Lucknow, Nagpur, etc. too witness a surge in the demand for studio apartments.
As these apartments are offered at cheaper rentals and easier to maintain, the demand for such apartments is increasing. There are many who wish to settle in such small homes; as small as 350 sq. ft., to get rid of the over burden of maintaining their big homes.
Many of the people wrongly consider 1 BHK apartments as studio apartments. This is absolutely wrong. These apartments are absolutely different from 1 BHK apartments.
Though studio apartments are smaller, they are suitable for leading a posh and swanky life. On the other end, 1 BHK apartments are considered as homes for the poor. They are more affordable.
Lower maintenance expense also attracts many to studio apartments. They find it more comfortable to live in these small apartments than living in their big homes.
The prices vary according to the cities and localities. Amenities and facilities are other important determinants of the prices. Connectivity too plays its role.
Recently DLF launched My Pad at Gomti Nagar in Lucknow. The studio apartment project contains 600 units.
Working professionals mainly demand for such apartments. Yet, the demand by the senior citizens and the retired people also is not less.