The Times of India-Delhi NCR real estate developers to launch smaller apartments to boost affordability amid rising home prices
Real estate developers across Delhi NCR are planning to offer smaller flats to improve affordability and reach buyers in lower price brackets. The average flat size has increased from 1,250 sq ft in 2019 to 2,435 sq ft in 2024, with some developers offering units exceeding 3,000 sq ft, making it difficult for mid-segment buyers to purchase homes.
Industry experts indicate that developers are now considering launching flats starting from 1,500 sq ft to maintain prices between ₹2-4 crore this year.
