Cost-effective 1 BHK interior design solutions are essential for individuals looking to create a stylish and functional living space without breaking the bank. Whether you are a first-time homeowner, a young professional, or someone living alone, maximising every rupee spent on interior design is crucial.
Obtaining financial support for your envisioned interior design project for your 1 BHK apartment has become more convenient through the home loan balance transfer & top-up loan option provided by Bajaj Housing Finance. If you presently possess a 1 BHK property with an existing home loan, transitioning it to Bajaj Housing Finance offers advantages such as flexible repayment options, competitive interest rates, and personalised customer service. Moreover, the top-up loan facility enables you to utilize the equity in your home for various financial requirements associated with enhancing your bedroom interior design, ensuring your financial stability while maximizing the full potential of your 1 BHK apartment.
Factors to consider when deciding your 1 BHK interior design budget
Before deciding on your 1 BHK interior design cost, consider several factors. Firstly, assess your budget realistically and prioritise essential expenses. Research the prevailing market rates for materials, labour, and design services to set a reasonable budget. Factor in any additional costs for unforeseen expenses or design upgrades. Consult with multiple interior designers or contractors to compare quotes and negotiate prices. Lastly, ensure that the chosen design aligns with your lifestyle needs and aesthetic preferences to maximise the value of your investment.
Cost of hiring an interior designer
The cost of hiring an interior designer varies depending on factors such as experience, location, and scope of work. Generally, interior designers charge either a flat fee, an hourly rate, or a percentage of the project's total budget. On average, fees can range from Rs. 50,000 to Rs. 5 lakh or more for a small 1-BHK project. It is essential to discuss fees and payment terms upfront to ensure transparency and alignment with your budget.
Cost of complete furnishings
The cost of complete furnishings for a 1 BHK apartment depends on factors like quality, brand, and quantity needed. On average, furnishing a small apartment can range from Rs. 1.5 lakh to Rs. 5 lakh or more. This includes essential furniture items such as sofas, beds, dining sets, and storage solutions, as well as decor and accessories. To get an accurate estimate, consider consulting with furniture stores or interior designers for tailored quotes.
Cost of false ceilings
The cost of false ceilings for a 1 BHK apartment varies based on materials, design complexity, and labour costs. On average, false ceiling installation can range from Rs. 50 to Rs. 200 per square foot. For a small 1-bedroom apartment with an approximate ceiling area of 500 to 800 square feet, the total cost may range from Rs. 25,000 to Rs. 1.6 lakh. It is advisable to obtain quotes from multiple contractors to ensure competitive pricing.
Cost of a modular kitchen set
The cost of a modular kitchen set for a 1 BHK apartment depends on factors like size, material quality, and design specifications. On average, a basic modular kitchen setup can range from Rs. 1.5 lakh to Rs. 3 lakh. However, for higher-end designs with premium materials and additional features, the cost can exceed Rs. 5 lakh. It is essential to consider your budget, functional requirements, and aesthetic preferences when selecting the right modular kitchen set for your space.
Cost of painting
The cost of painting a 1 BHK apartment varies based on factors such as the size of the area, type of paint, and labour charges. On average, painting the interior walls of a small apartment can range from Rs. 15,000 to Rs. 25,000. This includes the cost of paint, primer, labour, and any additional preparations or repairs needed. It's advisable to obtain quotes from multiple painters to ensure competitive pricing and quality workmanship.
How to finance your 1 BHK interior design in India
To finance your 1 BHK interior designs in India, consider personal savings, home renovation loans, or personal loans from banks or financial institutions like Bajaj Finance. Additionally, some interior design companies may provide financing options or payment plans to help you cover the costs over time. Evaluate each option carefully to choose the one that best suits your financial situation and requirements.
Explore Bajaj Housing Finance Home Loan
Secure financing for your 1 BHK flat interior design through top-up loans from Bajaj Housing Finance. These loans offer additional funds alongside your existing home loan, featuring competitive interest rates and convenient repayment options. Whether you are upgrading furniture, installing contemporary fixtures, or enhancing storage solutions, our top-up loans provide a practical solution to fulfil your interior design aspirations. To apply for a home loan balance transfer & top-up loan tailored to your 2 BHK flat interior design, follow these steps:
- Click the 'APPLY' button on this page.
- Enter your full name, mobile number, employment status, and select the desired loan type.
- Generate and verify your OTP for phone number authentication.
- Choose your current home loan provider from the dropdown list and input your monthly income along with the preferred loan amount.
- Proceed to the next phase by providing additional details, including your date of birth, PAN number, email address, current EMI amount, and other relevant particulars.
- Finally, click the 'SUBMIT' button.
Upon completion, your application undergoes prompt processing, and our representatives will guide you through the subsequent steps.
Realise your dream of creating a cozy and stylish home aligned with your lifestyle with Bajaj Housing Finance. Don't delay any longer; apply now!
