Going by the current real estate scenario, the trend in 2022 is that of home buyers investing in smaller homes. All reputed real estate developers are now offering homes of varying sizes, presenting a wide choice of options to investors. Presented with a wide array of home units, home buyers are now opting to invest in smaller real estate units.
These smaller units are pocket friendly and usually well within budget and are ideal for first-time or young home investors. These savvy investors are looking for value for their money and have recognized the potential of investing in smaller homes. Investors are not looking to burn holes in their pockets and to this end, smaller units are easier to finance.
Smaller homes have relatively lower prices, while being set in apartment complexes that offer a wide range of luxurious amenities. These homes provide their residents with all amenities that their hearts desire at a cost that is within their budgets. The budget-friendly costs of smaller residential units have greatly fuelled their desirability and popularity among investors, especially first-time home buyers.
The maintenance charges on smaller homes are also relatively less, which makes these units financially more viable options as investments. The less space also means easy and simpler maintenance as compared to units with larger areas, another attraction for buyers. A good rental income is also assured as long as the home is in a desirable location, irrespective of size.
Young investors are also lured by the minimalism offered by smaller homes with less space for material possessions and appliances. The go-to generation that is ready to shift from one city to another also find smaller homes a lucrative option. Smaller homes mean less possessions, a concept that is extremely attractive for especially for millennials looking towards a minimalist lifestyle.
New Prelaunch Apartment Mahindra Eden