1 BHK flats are in high demand in Bhubaneswar
The builders of Bhubaneswar are concentrating in building 1 BHK flats and most of the residential projects in Bhubaneswar contains 30 percent to 40 percent of 1 BHK units.
According to an analysis almost 3,000 units of one BHK houses are in different stages of construction in the city.
Most of the projects are coming up in the areas if Khandagiri Square to Jatni, besides Chandrasekharpur, Patia and Chandaka.
Studio flats, which are very popular in Bangalore and Gurgaon, are a new trend for the real estate business in Bhubaneswar.
Builders see huge opportunities for studio apartments in Bhubaneswar to accommodate the singles.
Builders feel people can afford to buy one BHK houses but such units are in short supply. On the other hand, with no demand for 2/3 BHK houses, the housing price is almost stagnant in city for around two years now.
A one BHK house costs anything between Rs 8 lakh and Rs 18 lakh depending on its size and location. Builders are offering such units of size 450 sq ft to 750 sq ft.
Ashiana housing to launch residential project
Source: Times of India
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sanjeev / Check with central park 1 retdeinss before buying in central park 2 guys !!Mr Bakshi has taken away the club from central park 1 retdeinss and is charging them on a monthly basis and also kept a good portion of the complex entrance land under himself.The point here is that central park 1 was made by the Mahindras hence the finish was very good.But central park 2 is being built by the landowner Mr Bakshi..The project has been going on for a long time.The varieties of kitchen promised range from hacker to very lowly ones so obviously you wont get kacker.Nothing much is ready in all these years..The number of apartments in the complex have gone up manifold.Check whether the club will be part of the deal or you will have to pay for it on a regular basis.Their designs are not original as the latest duplex design is copied from the sellout design of Tata Raisina.So much for originality.lets see if this comment is printed as negative comments which are true are hardly printed.If you dont beleive me ask central park 1 retdeinss and you will get the story of broken promies