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What Is A Studio Apartment?
A studio apartment is a small open space that is not divided into any sections. There is just a single room which has no further divisions for kitchen, bedroom, and living room. You can only find an attached bathroom.
The size of a studio apartment varies from 250-700 sq ft. You can avail every kind of amenities in a studio apartment. For a single person, who wants to stay close to their University or workplace within their budget, it is the best option for them.
Note:
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Features Of A Studio Apartment
The overview of a studio apartment are explained in the below points:
- Affordability: Renting a studio apartment is more affordable compared to a 1 BHK apartment because there are no in-built divisions for any room apart from a bathroom.
- Demarcate space: You can easily demarcate the open space as per your requirements. Some of the affordable ways of demarcating the space are through curtains, floor-to-ceiling bookshelves, or glass screens.
- Close to the workplace/University: These apartments are centrally located in Mumbai. If you are a bachelor or a student, then staying close to the workplace/University, within a budget will be convenient for you.
Studio Apartment Benefits
The benefits of a studio apartment are provided in the below points:
- Space efficiency: As there is an open space, you can efficiently utilise it to section rooms as per your requirement. When you are living alone, you can maximise the living space.
- Less consumption of electricity and water: When you are utilising an open space without any sections, you will automatically save electricity and also water to clean the room.
- Within budget: The studio apartments are affordable compared to other apartments.
- Prime location: Most of the studio apartments are centrally located so that your University or workplace will be near your living space.
- Low maintenance: With an open space, you can be able to upkeep the space with low maintenance. This will be a hassle-free experience for you.
Factors To Remember While Choosing A Studio Apartment
Before renting a studio apartment, you need to consider the following factors:
- Deciding on a budget: The budget for accommodation varies for everyone depending on their requirement and earning status. The provided space, amenities, and the location of the studio apartment should be analysed before you select an apartment as per your budget.
- Check the livability: You need to check whether the apartment is in a livable condition or not.
- Access to infrastructure: Check whether your workplace is near to the accommodation. You also need to check whether convenience stores, shops, and supermarkets are within reach or not.
- Amenities & Features: Check if the owner offers a fully furnished apartment, and a spacious space or not. Check whether the apartment gets enough ventilation space and natural light or not. These all should be under your budget.
Size Of A Studio Apartment
The main principle of a studio apartment is that it is built to utilise the maximum space due to the space crunch in the city.
There are very minimal barriers in the room so that the whole space can be utilised. The size of the studio apartment will vary as per the demand in the city and the developer.
The studio apartments in Mumbai typically measure between 250-700 sq ft.
Price Of A Studio Apartment
The price of a studio apartment may vary as per the locality, the amenities provided, and the space available.
Studio apartments are found in urban metropolitan cities as there is a demand for these accommodations. You can avail of a studio apartment anywhere between Rs 5,500 and Rs 15,000.
The rent will also depend on the place. If you are taking accommodation in a tier-1 city then the rent will be higher compared to a tier-2 city.
Difference Between 1 BHK And A Studio Apartment
| Parameters | 1 BHK | Studio Apartment |
| Privacy | In a 1 BHK apartment, you will have separate rooms and doors to maintain your privacy. If you have guests in your living area, you can still have your privacy in your bedroom as they are separated. | In a studio apartment, you will not have any divisions for your kitchen, living area, and bedroom. There is privacy overall because you will have only one door in your room. |
| In-unit amenities | A 1 BHK apartment will have in-unit storage spaces and cupboards to hold things in your room. These are made for specific purposes like in a kitchen, in-unit storage space is built to store kitchen tools. | As there is no specific room in a studio apartment, it becomes difficult to make in-units. People design them in a different manner. |
| Lifestyle | You can throw a party or a get-together in your 1 BHK apartment as there is a separation between the living room and bedroom. | There is no separation between any room nor enough space to arrange a get-together. Studio apartments are compact. |
| Location | Your 1 BHK accommodation might not be near your workplace. If you stay in a prime location then the rent will be high. | Studio apartments are generally built in a prime location which provides you easy connectivity to your workplace. |
| Upkeep | It is tough to maintain a 1 BHK apartment. | It is easier as well as less costly to maintain a studio apartment. |
Can A Studio Be Converted Into SOHO At A Budget
You can easily convert a studio apartment into a SOHO (small office/home office) within your budget. You need to keep the following factors in mind:
- Planning your studio: you need to fix the purpose of your studio and which tools you require in your studio. This will help you analyse whether this area will be enough for you or if you need a bigger space.
- Lighting on a budget: check for windows which will provide you with natural light. This will help you invest less in heavy lights.
- Transforming your space: You will store your required tools in that studio apartment. Hence, check whether there is an appropriate space and environment where you can do your job. Transform the space in your required way.
- Accessories: Invest in good quality accessories so that you do not have to buy or rent your accessories frequently.
FAQs
| Q1: Who should think about purchasing a studio apartment?
Ans: Studio apartments are most suitable for working professionals who are single or those who live alone. Small families might also think about relocating to one of these if they’re seeking a cheap property. It may provide strong profits and is a worthwhile investment in places like Mumbai, Delhi, Bangalore, and Kolkata. |
| Q2: How much does a studio apartment typically cost?
Ans: You can avail of a studio apartment anywhere between Rs 5,500 and Rs 15,000. |
| Q3: Are studios cheaper than apartments?
Ans: In the same neighbourhood, renting a studio apartment is usually always less expensive than a one-bedroom apartment. However, it’s crucial to bear in mind that the cheaper rent immediately equates to a smaller room, and often, a studio apartment costs more per square foot. |
| Q4: Is buying a studio apartment a good investment idea?
Ans: In comparison to other investment properties, studio apartments may be a fantastic source of rental income for real estate investors. |
