Demand for Studio Apartments- Trend in 2019

Today, the demand for studio apartments has been increasing and the world is getting ready for staying in a reasonable and affordable space. The real estate investors, tenants, and homeowners find studio apartments more attractive. Thus, this type of housing is becoming very popular. Thus, before investing in real estate business most of the investors opt for such type of property.

During planning for investing, the goals should be well defined. Experts have always believed that a studio apartment is a good option for investors if the location and designs are well defined. Thus, the unit which will be finalized has to be chosen wisely. India continues to grow the global sourcing market at a higher pace for many years. As compared to an IT-BPM industry, India is the leading sourcing destination across the world. Recently, the study states that the Indian IT & ITEs companies have set up over 1,000 global delivery centers in about 80 countries across the world.

According to a leading consultancy firm, there is a high demand for well-established serviced apartments in India. The six major metros in India can easily accommodate anywhere between 1000-1500 units at the moment. This demand is expected to surge with the projected growth path of the Indian economy, further penetration in other elements of the services sector, setup of operations across secondary and tertiary cities and fast increasing domestic leisure travel, where people/families may prefer to rent apartments rather than stay at hotels, particularly in business destinations like Gurgaon, Bengaluru, Pune, Noida and Jaipur.

Noida has long been known as a hub for residential properties. In recent times, the rapid expansion of commercial front has raised the demand for quality housing not only for the population but also for the people coming here. In recent times, the concept of serviced apartments in Noida has gained tremendous popularity due to its customer-centric policies and reasonable cost. Several renowned builders have also coming up with exclusive luxury serviced apartments in the region to offer world-class accommodation experience to business travellers.

Spectrum Metro is coming up with individually-styled apartments in Sector 75 Noida, in the prime location of Noida which has inviting lounge spaces, comfortable bedrooms, and amenities like the LED TV, lifestyle gadgets such as Air Conditioner, Refrigerator and Music System etc. Also adding more luxury the apartments have well-equipped kitchen, induction, electric kettle, toaster, spacious storage areas etc. In collaboration with the reputed Country Inn hospitality firm, an investment here will promise returns immediately under the guidance and assistance of the group’s property management services. So, when you decide to sell you are most likely to easily find a buyer fast.