These days, studio apartments are one of the emerging trends in the real estate of Noida, and considering the growing demand for such homes especially when urbanization is increasing at a massive rate, and rural population of the country is shifting its base to urban cities, the real estate developers are developing serviced studio apartments. Built over an area of about 560 sq ft and 725 sq ft, these apartments consist of one bedroom with a dining-cum-drawing room, small kitchen and a bathroom. These Jaypee Studio Apartments in Noida are fully furnished with professionally managed services like food, laundry, cleaning, car parking, common electronic gadgets like TV, refrigerator and Internet, and all these within 19 to 21 lacs – quite realistic!
With property rates skyrocketing in most of the areas in Noida, buying a home has really become a costly affair. Moreover space also has become a major constraint for developing newer avenues for the developing sectors. Consequently the Jaypee Studio Apartments Noida has really proved to be a great rescue for all those looking to purchase a small house but at a prime location. Basically this sort of properties are westernized concepts brought to India by the developers so as to cater to the needs of common people who are looking for small investment yet a proper house in metropolitan cities.
Presently, Jaypee Studio Apartments Noida have become a craze amongst the single workers as they do not want two- or three-bedroom sets, mainly from the IT and ITes sector, with good income and transferable jobs or people migrating from the rural areas to the urban areas, especially because it demands less investment. Moreover, Noida being an upcoming educational hub, the model of Jaypee Studio Apartments are considered suitable for the students also.
Investment in studio apartments in metropolitan cities is a wise option for long term capital gains but again, location is always an important aspect so that should be kept in mind, and one must also ensure that the surrounding area is a workplace hub so that will guarantee a strong flow of tenants or buyers. It is expected that these studio apartments would bring in good return of interest in the next 3 to 5 years.