Like several other things, the sizes of our homes are also becoming small. Easy maintenance, comfort, and a desire for close living attract everyone to opt for small-sized homes i.e. Compact Homes. Demand, price, and certainly there are many other factors. The value of a small property accelerates at a higher pace due to demand in affordable housing and a much broader consumer market. Small-sized homes are mostly available highly in areas, close to the establishment of companies & industries.
Prestige City is an integrated township, offering small-sized apartments at reasonable prices. Over the past few years, Government housing bodies have announced lucrative schemes for small-sized apartments.
There have been several instances, where the private builders have changed the plan of building villas into 2/3 BHK just for sake of the sale of the property. The small-sized apartments create a profitable situation for both developers and home buyers. Keeping in mind the consumer’s demand, developers are making their offerings affordable. However, they offer all the amenities such as a gym, clubhouse, swimming pool, central command center, and rainwater harvesting.
Small size homes save lots of money. There is a difference between the electric bill of 900 sq.ft and 3000 sq.ft. In case if you have taken a home loan, the EMI will be less for a small-sized apartment. Small homes are easy to maintain and clean. Cleaning 800 square feet is less work than cleaning 2500 Sq.ft. Small size apartments can be customized and easily decorated. Whereas, a big house requires time, effort, and money. A small home is easy to sell as there is a high demand for 2 BHK and 3 BHK apartments.
Manageable size, affordable price, smartly designed, easy maintenance and greater scope of resale on the consumer market is attracting today to everyone to opt for small-sized apartments.
Check out Prestige Park Drive for plotted development projects in IVC Road