Prestige Park Grove

2BHK or 3BHK – Which is a better choice

Investing in your dream home is one of the most important decisions to be made in a lifetime. This process is often challenging and exhausting as everyone wants to find the best for them by understanding their needs and all other requirements.

While this hunt for the perfect home continues, the home buyers usually get confused in choosing the right space for their dwelling as many are available in the market. With all the existing factors they need to conclude on finalizing the configuration of their home which is usually 2BHK and 3BHK. Choosing the correct one is very important as this will have an effect on the future of the homebuyers.

Therefore, to make this process uncomplicated here we present the following parameters which must be considered while choosing what is right for you.

Budget

Budget is a significant deciding factor while investing your savings in a home. In today’s market 2BHK apartments are cheaper and more affordable than 3BHK apartments. With the present trend of nuclear families buying a 2BHK apartment as per the family, requirements are one of the best options.
3BHK apartments and above are quite expensive. In fact, the price exceeds more than 1 Crore in most cases. If you can afford this option then there exists no obstacle while choosing this option considering your requirements.

Family Size

When choosing the size of your flat, the size of your family matters to a higher extent. This is one of the basic parameters in choosing your apartment. This depends on the number of people residing in your flat. If it is a family of 2 or 4 you can choose a 2BHK apartment with no provision for any guest room. But nowadays people tend to choose 3BHK apartments even for a family of 3. 3BHK apartments are always more spacious. Having more extra space as time passing will be of great use to many. So, consider your requirements and need for space while choosing your apartment.

Maintenance Costs

It is one of the major factors when choosing the right size for your home. If you want to buy a flat that is easy on the maintenance part then a 2BHK flat is the best option. Because 3BHK is usually higher on the maintenance part. If you are okay with the maintenance part then don’t compromise yourself by buying a 2BHK flat and if you have no issue with the affordability of the maintenance cost of a 3BHK apartment, then go for it.

Expected Earnings

While investing in a 2BHK or 3BHK flat, you may take a loan or purchase the property outright. In case if you have an unstable income, it would be better if you invest wisely that is to go for a 2BHK apartment as the total income is smaller and your investment will be secure. If your expected earnings are more stable, then buying a 3BHK apartment makes more sense.

Home Office

As we can see that there is a major shift in lifestyle due to the current pandemic crisis, and a larger number of people are working from their homes. So, it will be ideal if you have enough room for your home office space which will make a clear distinction between your personal as well as professional life. Therefore, a 3BHK apartment will be more useful in this case.

Easy to Rent

A 2BHK apartment is easy to rent in any metropolitan city. If you are planning to give your apartment for rent in the future then a 2BHK apartment will come into use and this will also make provision for you to upgrade your apartment into 3BHK or more in the future.

Resale Value

The resale value for a 3BHK flat is usually a lot higher than the value of a 2BHK apartment. If you intend to sell your property in the future or if you are a regular property buyer and want to make a huge profit by reselling it, then always choose a 3BHK flat as a 2BHK flat usually gives less resale profit.

Now that you have a clear idea of the parameters which must be considered before choosing an apartment of 2BHK or 3BHK configuration, think about your requirements and priorities among the given options and choose wisely. Go for your needs and buy your dream home. Find great 2/3 BHK apartments in Prestige Park Grove Whitefield.

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