India's top 7 cities saw apartment sizes shrink by 17% in 5 years: Report

Bangalore saw the least decline in average property size at around 12% in this period

Average sizes of flats in most big cities have shrunk in the last five years, largely driven by realtors’ efforts to tap a larger customer base, especially millennials who have shown preference for affo­rdable homes at good location over larger flats in the far-flung suburbs. According to real estate consultancy firm Anarock, properties costing below Rs 40 lakh saw 23% fall in average sizes in the 2014-2018 period. In absolute terms, sizes reduced from 750 sqft in 2014 to 580 sqft in 2018 for such houses. 

 

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