Average size of home increases by 11% Y-o-Y, NCR sees biggest rise
The average size of homes in India has increased due to the demand for larger houses amid the Covid-19 pandemic. Anarock data shows that in the Delhi-NCR region, the average flat size increased by 37% in a year, while in Bengaluru, it rose by 26%. Luxury apartments accounted for 23% of total new launches in 2023, with an average size of approximately 2,471 sq ft. Developers are actively meeting the demand for bigger homes, especially in the luxury segment.
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