The concept of studio apartments is accelerating in India, especially in metro cities. As the prices of apartments and houses are rising higher in metro cities, these apartments are the most cost-effective alternative for working professionals. There is a steady and inflexible demand for these apartments in both metro and tier 2 cities. The trend of studio apartments has been on a steep rise in Indian cities, especially Mumbai. Young professionals, couples and students from all over the country come to study or pursue their career interests in the city. If you are a minimalist as far as your choice for a house is concerned, then a studio apartment is your best bet. With innovative room partitions and clever space-saving home décor strategies, you can add a subtle elegance to your home. The price of a studio apartment is quite low as compared to a standard apartment. Lower utility bills and minimum furnishings ensure an affordable cost of maintenance. Subsequently, the upkeep of studio flats proves to be hassle-free. Bachelors, students or retired individuals who spend very little time at home can opt for a studio apartment. Even single working professionals who are looking for economical accommodation in another city on a temporary basis must go for studio apartments. Keeping in mind the demand and need of the homebuyers, Bandra (West) in Mumbai is coming up with lots of studio apartments to lure the younger generation. Located in Bandra (West), one of Mumbai's upscale localities, this upcoming property offers plush ready-to-move-in 1BHK apartments. These studio apartments will have luxurious specifications and size of 340 Sqft carpet to 400 Sqft carpet. The project is presently under construction and will be developed by an international architect and will have the concept of fully done up space with community living ideation, where a lot of spaces will convert into co-working and brainstorming spaces making a living with networking too. Such apartments are usually preferred by students, bachelors, newly married couples and working professionals as they provide an easily manageable, self-contained, comfortable, stylish and luxurious abode. They are also a good option for business travellers who frequently visit a certain city. Studio apartments are a logical choice for such individuals. Affordability of studio apartments pushes to work well for youngsters who are starting their career in metro cities. Rather than paying Rs 15,000 to Rs 25,000 as rent for a one-bedroom flat with advance, buyers find investing in studio apartments easy. The EMI would replace a rent and the registration charges are also less to lower capital values. As your salary and family develops, you can look for a bigger apartment. Though, if you have not invested too much on a studio apartment, it will provide you as an asset in future and can fetch rental income as well.