All you want to know about studio flats!

The craze for studio apartments has increased rapidly in recent times, especially in metro cities, where, people from every corner of the country come for jobs or work. Generally, property prices are high here!

In such a situation, studio apartments are becoming the choice of investors as well as those who want to live on rent.

Let us find out what is a studio apartment? How is it different from a 1-bhk flat? Can buying it be a profitable deal?

 Studio apartment is a small-sized unit which consists of a bedroom, kitchen and living room all in one big room.

The only closed area in this is the bathroom which has a separate door. Studio apartment is also called a studio flat.

There is often a confusion among people regarding studio apartment and 1 BHK flat.

The main difference between a studio and a 1-BHK flat is that in a 1-BHK flat, every room is divided by walls. The bedroom, living room, kitchen and bathroom are all separate.

Talking about size, the size of a studio apartment is less than a 1-BHK flat.

Their size ranges between 250 to 500 square feet whereas the size of a 1-BHK flat is usually 500 to 600 square feet.

The second difference is that 1-BHK flat is purely made for residential purposes.

While, the studio apartment is made for compact living, which is used for residential as well as commercial purposes.

For instance, many companies rent it for their employees to live in. Many people make offices in studio flats.

Small in size! Easy to maintain! Studio flats are mostly available.

In metro or big cities like Mumbai, Pune, Bengaluru, Hyderabad, Gurugram, Noida and Noida Extension. Studio apartments are built in prime locations of the city, that is why, these are used as residential space as well as office.

The price of studio apartments in metro cities like Delhi-NCR, Mumbai and Bengaluru can go from Rs 25 lakh to Rs 1 crore.

Talking about the IT hubs of Delhi-NCR, studio apartments here cost between Rs 40 to 45 lakh.

This will depend on the location of the property and the facilities that come with the studio flat.

Whereas, a 1-BHK flat in the same location can cost Rs 25 to 30 lakh.

Youngsters working in metro cities, who have studio apartments near their offices, can rent it. Studio flats can also be useful for parents whose children live in big cities for higher education. People who go to metro cities two-three times a week for work and do not want to spend money on hotels can also check out this option.

1)- Studio flat has the benefit of location and connectivity. Such flats are built in prime locations like commercial hubs or corporate office areas, where, there are good transport arrangements. This saves both commuting expenses and time.

2)- Most of the studio apartments are equipped with amenities like wooden work, modular kitchen, AC, TV, fridge, etc. In such a situation, you can shift immediately.

3)- Studio apartment is a good source of rental income i.e. earning from rent.

4)- Due to the small size of a studio apartment, it takes less time and effort for cleaning.

Along with the advantages, there are also some disadvantages, which are important to pay attention to.

1)- Studio apartment is not suitable for more than two people. Therefore, it is not suitable for couples and ones planning a family.

2) Due to its small size, socializing i.e. crowd gatherings cannot take place in it.

3)- If you have a lot of household items then a studio flat may be small for you.