Summary: The slowdown in the real estate industry is being combated by smart real estate developers who are churning out projects to ensure that prospective buyers get all the amenities from an apartment complex but at a more economical price by reducing the area of 2 BHK and 3 BHK flats.
Real estate marketers in Kolkata are building smarter homes and flats to ensure properties fit the budgets of prospective customers. Developers are shaving off anywhere between 100 to 400 sq ft from 2 and 3 bedroom flats, to ensure buyers get the same facilities of an apartment complex without feeling the price pinch.
Smaller rooms, better management
Reducing the size of a flat is not an easy task, especially when keeping the floor plan the same. 2 BHK and 3 BHK flats have now come down to a size range between 800 sq ft and 1200 sq ft from the previous range of 1000 sq ft to 1600 sq ft, by reducing the size of bedrooms.
Bedroom sizes have fallen down to 110 – 120 sq ft from an earlier size of 140 sq ft. It isn’t just bedrooms which have had to be reduced, drawing rooms too have been downsized. Earlier drawing rooms, especially for 3 BHK flats, which would be in the range of 300-350 sq ft, have come down to 250-280 sq ft and 2 BHK flats have also faced this reduction of apartment size.
Another way developers have dealt with smaller areas is by reducing the size of balconies or even foregoing them in certain projects. 2 BHK and 3 BHK flats have seen the size of hallways reduced. The concept of open kitchens attached to the drawing area, is a smart way of reducing the overall size of the apartment while giving it a modern and compact look. A 3-bedroom flat in Kolkata or any other city, would normally have three bathrooms but the exclusion of the third bathroom is now quite commonplace.
The third bedroom has been trimmed down and transformed into a smaller room to be utilized as a study, a recreation room or a guest room to help in the area reduction. This is an excellent option for small families such as a couple with a single child, allowing them to use the smaller room as they please.
The smaller area of flats also provide a challenge to the customers on the interior design realm. With the need to ensure the look and feel of a large flat, many residents take a minimalistic approach, choosing less furniture to give it a more spacious look.
Smaller flats are leading to better sales results for realestate developers. Though there are challenges to residents in terms of utilizing the area in an ideal way, the option of living in a complex with many amenities is not missed.
Author Bio: One of the leading players in the real estate market, Ideal Group takes pride in its rich portfolio of world-class ongoing and upcoming residential projects in Kolkata. The Group has truly embodied their tagline "Pillars of Trust" and won the trust of countless customers.