In 5 years, flat sizes shrunk by 16% across NCR, reveals study

  • | Thursday | 14th March, 2019

The average size of properties in this segment was 1,830 sqft in 2014 that came down to 1,460 sqft in 2018. “It is true that flat sizes are becoming slightly smaller than before. While in 2014, it was about 1,485 sqft, the average launch size in 2018 was about 1,250 sq ft.“Homebuyers prefer affordability, coupled with good location, over larger-size homes in far-flung suburbs. Frequent switching of cities is rapidly becoming the new normal for millennials on the lookout for faster career growth. But at the same time, there are big luxury flats that are also available.

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