The Smart Shift: Moving to Larger Homes
July 9th, 2018
For most home buyers, amateur or experienced, the availability of space, or the lack thereof, is a cautionary tale. This is especially true in metropolitan cities burgeoning with people. Land is, after all, the most precious resource in the world and buying valuable space is a prudent step and will certainly make a big difference to your assets.
The price of real estate is another nagging worry for most people wanting to buy a home. An age old convention is to buy smaller flat first and then move into a bigger home once you have bigger family. However, taking a “better-safe-than-sorry” approach is wiser as home buyers can then plan before-hand to buy a larger home for their forthcoming family.
A universal truth in the world of real estate is cost of spaces. Buying a spacious house isn’t going to get any cheaper in the next 10 to 15 years, not to mention the exorbitant interest rates when it comes to taking a loan. Hence, buying a larger apartment such as a 3 or 4 BHK now is a wiser choice as compared to waiting to buy it later. You must not only consider impending appreciation of property rates when it comes to making a buying decision, but also consider the other lifestyle and amenity factors that make buying a 3 or 4 BHK house a smart move.
Space-wise, depending on the project, a 3 or 4 BHK flat is available from 1600 square feet to 2000 square feet. That is more than enough to take care of the housing needs of a modern working Indian. Concepts like work-from-home are becoming more and more popular. Extra rooms in the house can always be converted into a comfortable office space, allowing you the freedom to keep your work and home life separate while being in the same space.
Modern, nuclear families that make up most of the home real estate industry, also value privacy. It is common for parents and children to have their own separate rooms. With the rising income of Indian professionals, having a full time maid or nurse is not unheard of especially if one has their parents or grandparents living with them who need assistance.
Anyone would love to live in a house that is aesthetically pleasing and well decorated. Unfortunately, most apartments are too cramped for space. However, a 3 or 4 BHK flat can always give you the freedom to decorate it as you please with the advantages of living in an apartment. You can experiment with rustic vintage furniture such as huge armoirs, wardrobes and grandfather clocks or optimally use the interiors to create intelligent, minimalistic furniture, allowing you to make the most of your gigantic apartment.
Another plus point is that once you buy a larger flat, you tend to stick with it for a longer time than you would with a smaller flat. This avoids the problem and hassles associated with house-hunting and purchasing in the future, not to mention the piles of paper work and documentation that you will be spared!
To find your spacious home, check out our projects!