Reducing Apartment Sizes Across Major Metros : A CommonFloor Report
The Indian real estate sector has witnessed the emergence of various trends over the last few years. One of the significant trend seen is the reduction in apartment sizes across metros. Simply put, the new requirement of buyers is to have the right property size at the right price! CommonFloor data shows that apartments launched during 2012 in major metros such as Delhi, Mumbai, Pune and Bengaluru were larger than apartments launched in 2014. The following report presents a detailed analysis of how apartment sizes
have reduced over the last two years in these metros.
“As part of ‘Real Insights’ into real estate, CommonFloor.com has come up with a detailed report on “Reducing Apartment Sizes Across Major Metros” – with in-depth analysis based on CommonFloor data.
For detailed report“
Various reasons can be attributed for this change in demand. Many cite that bad economy followed by an overall slowdown in real estate is one of the key reasons for this change. The reduced apartment sizes may be attributed to this after-effect of the slowdown that the Indian real estate market witnessed over the last few years.
