Investment in studio apartments in Greater Noida is a good passive income source
KAVERI TECHNOBUILD - PROPERTY DEVELOPER
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Establishing a studio apartment is less expensive than establishing a 1 or 2 BHK apartment. However, because this is a cost-effective option, the rent will be correspondingly lower than for a 1 or 2 BHK, unless there are additional community amenities such as a gym, swimming pool, and sports club. Typically, the rent will vary depending on the size, location, interiors, additional amenities, etc. Tier-1 and tier-2 cities would have prices ranging from ?10000 to ?20,000. Studio apartments are particularly popular in metropolitan centers such as Greater Noida, Noida, Gurugram, and Delhi, where employment rates and population density are high. In less populated semi-urban areas, studio flats may not have a major real estate market.
Despite the poor margins, many builders believe that a studio apartment arrangement might be an instant sale if the site is chosen correctly. Whenever the real estate industry suffers a downturn, the only configuration that can save the day in major cities is low-cost studio flats. Because our country is 75% young, studio flats in India will always be in high demand in the real estate market. Many IT companies, such as Infosys, HCL, and Accenture, have invested in the construction of studio apartments near their office areas so that they can provide accommodation to their young techies at the start of their careers, which mitigates travel time because traffic in metropolitan cities is very high.
Kaveri city centre? near Delta 1 metro station Greater Noida or kaveri Technobuild
Property developer A well-known real estate developer specializes in studio apartments and commercial shops. They can develop studio apartments similar to assembly manufacturing with standard size furnishings, as well as upmarket lifestyle studio apartments appropriate for those who like to live in fancy neighborhoods.?