News India Live, Digital Desk: Bengaluru real estate: The real estate landscape of Bengaluru is quietly changing, giving preference to compact living compared to big apartments of IT professionals, students and young urban people. The growing appeal of small 1 RK (a room kitchen) flats is giving a new look to housing preferences in the city, inspired by factors such as convenience, strength and infamous traffic congestion in Bengaluru.
The demand for these micro-apartments is increasing in the nearest areas of major IT hubs like Whitefield, HSR Layout, Koramangala, Marathalli and Indiranagar. These compact units, usually between Rs 20,000 to 22,000 per month, offer budget -friendly options for large flats, which can cost up to Rs 80,000 per month in major areas.
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These flats between 250 to 450 sq ft are often part of the cows, which have modern features such as lift, security and clubhouse. Many are fully equipped, which makes them perfect for those inhabitants who give importance to minimalism and mobility.
Developers are answering this change by including 1 RK units in new projects, especially near the outskirts and IT Corridors of the city. The prices of these units typically ranges from Rs 50 lakh to Rs 60 lakh. However, the limited supply has kept the prices up continuously.
Micro-flats growing in Bengaluru
Northern Bengaluru, especially near Manya Tech Park, is becoming a center of attraction for investors interested in micro-flat. The continuous demand for technical staff and the yield of attractive fare makes these assets an attractive proposal.
Who once served as a practical solution for professionals wishing to avoid severe traffic in Bengaluru, has now become a favorite lifestyle option. A small, managed home facility near the work, which requires minimal maintenance, resonates with the new generation that gives importance to more time and practicality than size.
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