Nowadays, owning a home has become much more than just an item to check on one’s bucket list. The new generation of homebuyers prioritises comfort and convenience over everything else. They are smart enough to understand the impact of their choice of residence on their long-term lifestyle. Therefore, these buyers are even willing to spend more money on premium properties like 3 BHK flats or 4 BHK flats.

At K Raheja Realty, we understand that such large homes perfectly suit the contemporary way of life. That’s why we believe that the demand for them will only continue to rise. Read on to know why these big apartment configurations are getting increasingly popular:

Top Reasons Behind the Growing Demand for 3 & 4 BHK Homes

• The Pandemic Effect

  The advent of the global pandemic five years ago left a lasting impact on how we live and work. It led to the emergence of the remote working culture, in which many professionals started working from their homes. Even today in the pandemic’s aftermath, several companies are letting their staff work remotely, or are at least following a hybrid system.

  Because of this, people are spending more time at home than they ever did before. It has made them more aware of the importance of having a spacious house, where they can work comfortably without any disturbances. Hence, more and more buyers are now looking for large apartments, such as a 3 or 4 BHK, especially in serene suburban neighbourhoods.

  For example, you can set up a separate home office in 3 BHK flats in Malad or 4BHK flats in Malad. The extra space also helps you establish boundaries between work and personal time, which can be otherwise difficult in a smaller house.

• Rising Income Levels

  Most new-age homebuyers are well-educated and thus also have well-paying jobs. They start their financial planning early to fulfil their home ownership goals. With regular savings and smart investments, they can draw up a decent home-buying budget. Besides, if they have a high income and maintain good credit scores, they can easily get approvals from banks on their home loan applications.

  Due to rising income levels, the needs and expectations of these homebuyers have evolved. They are highly ambitious, so they prefer investing in spacious properties like 3 or 4 BHK flats in Malad, because they want bigger and better things in life. More importantly, they also have the means to achieve them!

• Global & Digital Influences

  These days, people have started travelling more, both across the country and around the world. Travel exposes them to global living standards. Therefore, it makes them desire the same level of luxury in their daily lives. Besides, in the age of social media, they don’t even have to travel themselves to know what an upscale lifestyle looks like.

  These global and digital influences bear a considerable impact on modern home-buying choices. Thus, they lean more towards luxury 3 or 4 BHK flats with premium amenities that can offer world-class living experiences. And to make the most out of their property purchase, they mostly consider prime locations, like Malad, and residential projects by reputed developers, such as K Raheja.

• Comfort for the Entire Family

  Modern buyers are giving more preference to practical housing solutions that suit their family size and lifestyle goals. 3 BHK flats or 4 BHK apartments respect every family member’s need for personal space. The expansive layouts of such flats let you move around easily and breathe freely. This spaciousness keeps all the members absolutely comfortable, whether they wish to spend time together or enjoy blissful moments of solitude.

• Flexibility to Customise

  What buyers love about 3 and 4 BHK flats is that they offer all this extra space which you can utilise however you want. The spare room(s) can double up as a guest bedroom, home office, study, workout space, or hobby room. You can entertain guests, have relatives stay over, or engage in your favourite pastimes without sacrificing anybody’s comfort. You are free to customise the extra room in any way you choose!

• ROI Potential

  The demand for large apartments like 3 or 4 BHKs has been steadily increasing in Mumbai. Now is an ideal time to invest in such homes, as you can rent them out and earn a good secondary income.

  Say if you purchase 3 BHK flats in Malad or 4BHK flats in Malad, your monthly rental yields will be even better due to the prime location. If it is a premium residential project with amenities, that will also impact the rental values. Moreover, the property prices can appreciate periodically, especially if there are any upcoming infrastructure developments in the area.

  Thus, you can generate a high ROI over the long term with this profitable investment! It can be an excellent wealth building tool as well as a great inheritance to leave behind for your future generations.

K Raheja’s Premium 3 & 4 BHK Flats in Malad

If you are looking for ready-possession 3 or 4BHK flats in Malad, K Raheja Realty offers some of the best options. Those interested in 3 BHK flats in Malad can choose between their two impressive projects - Raheja Residency, Goregaon-Malad East (Tower ‘S’) and Raheja Interface Heights, Malad West. For 4 BHK flats in Malad, Tower ‘S’ at Raheja Residency in Goregaon-Malad East is the ultimate destination.

Both these Raheja properties are located in areas close to the metro, Western Express Highway, and local railway station. Top schools, colleges, hospitals, retail and commercial hubs, etc. are a stone's throw away. The upcoming Goregaon-Mulund Link Road and the proposed Coastal Road project are also boosting the demand for these homes!

More About Raheja Residency, Goregaon-Malad East:

Raheja Residency is a luxury township in Goregaon-Malad East. Here, Tower ‘T’ offers premium 1 BHK flats and Tower ‘S’ offers premium 2, 3, and 4BHK flats. Both are OC-received buildings with ready-to-move-in units for sale. These homes boast intelligent layouts, elegant designs, premium features, and scenic views. The project also includes 20+ lifestyle amenities such as a resort-style swimming pool amidst breathtaking landscape, extravagant 20,000 sq. ft. clubhouse (OC-received), Podium Dream Garden (2 acres approx.), pickleball court, well-equipped gym, banquet hall, etc. So, whether you want larger apartments like 3 and 4 BHK or compact ones like 1 and 2 BHK, Raheja Residency has it all!

More About Raheja Interface Heights, Malad West:

Raheja Interface Heights is a luxury gated complex in Malad West. It offers ready-possession 2 and 3 BHK flats for sale. These spacious apartments are equipped with high-end features and look over scenic views. Besides, you can enjoy 20+ lifestyle amenities including clubhouse (OC-received), swimming pool, podium garden, banquet hall, restaurant, etc.

Conclusion

The demand for 3 BHK and 4 BHK homes is only going to increase in the future, as the above-listed reasons reflect. Contact K Raheja now to explore our luxury apartments in Mumbai!

Disclaimer

The content of this blog is based on information available to the public for general use, and any references/sources if mentioned. While we take care to refer to reliable sources as far as possible, we do not claim any responsibility for the accuracy of the given information whatsoever. The article is to be used for general informational purposes only. Please note that it neither constitutes legal advice nor does it intend to. If any individual(s) take/s any decision based on the information in this article without verifying the genuineness of the facts, we expressly disown/disclaim any potential liability that may result due to the same. We encourage readers to get guidance separately pertaining to any specific information given herein.