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Urbanisation is one of the major factors for the rise of furnished apartments. As the cities expand, the demand for flexible housing solutions rises. Most of the renters now opt for furnished apartments for both long-term and short-term stays. This trend has been ignited by the higher demand for flexibility, an increase in remote or hybrid work and changing lifestyle patterns.
According to a report, the India Rental Housing Market is valued at $20.29 billion based on a five-year analysis. The main reason is that these apartments offer an extraordinary combination of flexibility, convenience and cost-effectiveness, which is why these apartments are appealing to a large range of students and busy professionals. This article will elaborate on the idea of renting furnished apartments, its benefits, and address considerations for young professionals.
Benefits of Choosing Furnished Apartments
If you’re a student shifting to a new city or a busy professional relocating for a job, furnished apartments offer hassle-free options which are customised for your particular needs. Let’s discuss the benefits of furnished living.
Comfort & Simplicity
The major benefits of furnished living are its hassle-free shifting opportunity. The furnished flats need a small effort compared to shifting into an unfurnished apartment. Tenants just bring their personal belongings and start living comfortably from the very first day. Unlike the unfurnished flats, renters do not need to plan the purchase or delivery of furniture and utility installation. The furnished apartments include:
- Ready-to-move-in apartments include a modular kitchen, furniture, mattresses and other utilities. A tenant only needs to carry their necessary belongings without the concern of arranging the home.
- By choosing a furnished apartment, an individual saves the huge costs of buying furniture and other appliances as well as the concern of coordinating delivery, installation and insurance. Also, the absence of bulky furniture reduces the logistical expenses and moving costs.
- The benefits of furnished living include utilities in the rent, offering an added benefit. By combining these expenses into a single monthly payment, an individual can effectively manage their budget and reduce the overall cost of living.
Reasonable Living Cost
Although many of us believe that the cost of renting a fully furnished apartment is on the higher side, it might be less than that of hotels or unfurnished apartments.
- Unlike hotels, which charge a larger amount per night, with laundry, food and other facilities, furnished apartments have reduced costs. With a single monthly charge, it is favourable to busy professionals for long and short-term stays.
- Apart from a modular kitchen and state-of-the-art furniture, many furnished apartments include internet, power backup and water in the rent; therefore, it will reduce the additional expenses.
- In the long run, furnished flats are more cost-effective as they reduce the cost of transportation, purchasing or installation and offer a fully equipped living space at a fixed monthly rate.
Flexibility
If a young professional needs a short-term stay, these furnished apartments offer a short-term rental opportunity instead of a 12-month commitment. This flexibility is favourable for people who love short-term stays or who want to test out a new city before permanently moving.
The opportunity to rent a furnished apartment for a shorter period is favourable for professionals who stay in one location for a short period before moving to other locations. Therefore, these apartments are beneficial for nomadic professionals.
Low- maintenance
Another advantage of furnished flats is the low maintenance because it is equipped with the necessary furniture and pre-installed appliances, which reduces the cost of setup and frequent replacement. Some landlords include the maintenance charge in the rent of the house; therefore, the tenants only pay the maintenance cost with the room rent without any effort to have regular servicing or replace any appliance.
State-of-the-art Furniture
Most of the furnished apartments are equipped with modern aesthetics, and sometimes these are designed by professional interior designers. This is captivating to the individual who does not have the time or resources to set up a space like this.
Owners sometimes enhance the look of the apartment to ensure a comfortable environment in the house. This boosts the apartment’s charm and makes it a perfect option for busy professionals who appreciate both style and comfort.
Final Verdict
The increased appreciation of furnished apartments shows a wider shift in the rental market towards flexibility and cost-effectiveness. Furnished flats provide a captivating way to fulfil the expectations of a higher number of individuals who are looking for housing options which meet their lifestyle requirements.
Renting a furnished apartment for short-term and long-term is a wise decision for professionals because these provide a hassle-free and flexible housing solution for busy professionals. Therefore, furnished flats are a great choice for the dynamic lifestyle of busy professionals because of the several advantages and cost-effectiveness.
FAQs
Why are fully furnished apartments ideal for busy professionals?
Fully furnished apartments are ready to move in, and these are equipped with necessary furniture, kitchen appliances and other utilities. This saves the time and effort of the professional when he is relocating to a new place.
What are the facilities included in a furnished flat?
The furnished flats include modern furniture, a modular kitchen with modern appliances, and sometimes include WiFi. These allow professionals to relocate without any hassle.
Are the furnished flats more expensive than the unfurnished flats?
Sometimes, monthly rent is on the higher side for furnished flats because it saves the cost and effort of furniture purchasing and installation.
Can these furnished apartments be rented for the short term?
Yes, an individual can rent a furnished flat for a short period of time. Many apartments offer leases for a few weeks to several months.
