Why Small Apartments Are in High Demand in Mumbai's Real Estate Market
According to real estate consultants, out of the total monthly sales in Mumbai's real estate market, close to almost half of the sales are for apartments in the range of 500 sq ft to 1,000 sq ft, followed by the second highest of under 500 sq ft.
Mumbai Real Estate MarketSmall ApartmentsAffordable HousingReal Estate TrendsProperty RegistrationsReal Estate NewsSep 29, 2024
Frequently Asked Questions
What percentage of monthly sales in Mumbai's real estate market are for apartments below 500 sq ft?
Almost 33% of monthly sales in Mumbai's real estate market are for apartments below 500 sq ft.
Why do real estate developers sell apartments measuring 500 sq ft and less?
Developers often purchase industrial land with conditions to construct affordable units, leading to a mix of small and large apartments.
What is the average size of 1 BHK apartments in Mumbai?
1 BHK apartments in Mumbai are usually of sizes ranging from 380 sq ft to 425 sq ft.
What was the year-on-year increase in property registrations in Mumbai's real estate market in August 2024?
There was an 8% year-on-year increase in property registrations in Mumbai's real estate market in August 2024.
How many property registrations were recorded in Mumbai's real estate market in August 2024?
11,735 property registrations were recorded in Mumbai's real estate market in August 2024.
Tags:
Related News Articles
Bhumi World: Revolutionizing Industrial, Commercial, and Retail Real Estate in Bhiwandi
Bhumi World, a trailblazer in industrial, commercial, and retail real estate, marks 15 years of excellence in Bhiwandi, Maharashtra, India.
Kolte-Patil Developers Surges 12% After Q2 Business Update
Kolte-Patil Developers Limited (KPDL) is a prominent real estate company known for its strong presence in the Pune residential market and a growing footprint in Mumbai and Bengaluru. After releasing its Q2 business update, the company's stock rallied by 1
Government Policies and RERA's Impact on Real Estate Investments in Pune
Explore how government policies and RERA are reshaping real estate investments in Pune, making it a lucrative market for investors. Discover the role of RERA in ensuring transparency and buyer protection in the real estate sector.
PE Investments in Indian Real Estate Surged to $2.82 Billion in FY25
MUMBAI — Private equity (PE) investments in the Indian real estate sector witnessed a significant rise, reaching $2.82 billion during the first nine months of the financial year 2025, marking a 6% increase compared to the same period last year.
Delhi-NCR Witnessed a 30% Leap in Housing Prices in 2024: Anarock Report
Despite a higher supply and a slight decline in sales, housing prices in Delhi-NCR surged by 30% in 2024, the highest among the top seven cities.
Pune Viral Video: Leopard Attacks Sleeping Pet Dog While Owner Unaware on Phone
A shocking incident in Pune, India, has gone viral on social media, where a leopard was caught on camera attacking a sleeping pet dog while the owner remained engrossed in their phone. This article delves into the details of the event, the reactions it ha