PG vs 1BHK in Kolkata – Which One Suits Your Budget and Lifestyle?

If you are relocating to Kolkata for work, study, or a new stage of life one of the primary decisions you will have to make is what and where you will stay. The issue of whether to go for a PG (Paying Guest accommodation) or a 1BHK is beyond that of space; it is a choice between cost, privacy, and the type of life you wish to live.

At Property101 we see how that decision plays out in every day comfort to also long term costs. Whether you are a student, a young professional, or a brand new couple, what you choose between PG and 1BHK in Kolkata will in fact shape your urban experience completely.

Understanding the Basics

A PG setup is a shared space arrangement which may consist of a room, a floor, or at times an entire apartment. In these arrangements which may include meals, housekeeping, and basic furnishings. A 1BHK instead is a one bedroom flat that also has a kitchen and living space which in turn gives you that independent, private setting and also more of a personal touch to your daily routine.

Let me take apart what investors and tenants should look at when it comes to that decision.

Budget and Monthly Expenses

Kolkata which is on the lower side of the metro cities in terms of cost of living but we see large differences between PGs and 1BHK apartments. In areas like Salt Lake, Gariahat, or Tollygunge a good PG goes for between ₹5,000 to ₹10,000 which also includes meals and utilities.

In the same area a 1BHK may rent for between ₹8,000 to ₹15,000 which is for rent only and does not include electric, internet, and maintenance. For the budget conscious, PGs are a better choice. But for those that have a bit more to spend a 1BHK will provide more independence.

Lifestyle and Privacy

If you like to live life on your terms, cook your own food, entertain guests, and live independently, a 1BHK is for you. Such an arrangement affords you the liberty to organize your schedule without elements of an adjoining bigger home imposing curfews or sharing resources.

In fact PGs are for the person that values structure and shared responsibility. Also for new city residents or those looking for a reduced maintenance lifestyle the community living experience is a plus.

At Property101, we have seen that people after getting to know the city tend to go for 1BHK’s, but at the same time we see that students and fresher’s preference is for PG’s which is for ease and convenience.

Investment Perspective

In terms of investment 1BHKs do better in the long term. They have greater resale value, see greater appreciation in growing areas, and also play well with tenants. PGs do very well for operators profit wise, but in general do not play for the individual real estate investor unless managed as a commercial venture.

If you are an investor instead of a renter, into New Town, Rajarhat, or areas of South Kolkata which are seeing great growth you may want to put your money in those 1BHK apartments.

Final Thoughts

In terms of choice between PG and 1BHK in Kolkata that is really a call based on your budget, lifestyle preferences, and what you see in your future. With PGs you are looking at short term stays, low commitment living. 1BHK’s on the other hand do require more from you but in return they provide that which is unmatched in terms of freedom and longer term comfort.

At Property101 we walk you through each step of this process we help you look beyond the basic costs and convenience of a home, also we look at how that choice plays into your present and future lifestyle and financial health. Because at the end of the day what you live in is also about how it plays into your tomorrow.