Bigger is better, luxury is king: Flat sizes up 96% in Delhi NCR in 5 yrs

Quick Summary:

Average flat size increased by 32% in the last five years: From 1,145 sq ft in 2019 to 1,513 sq ft in H1 2024.

Average flat sizes in the other major southern cities - Chennai and Bengaluru – are 1,450 sq.ft.and 1,630 sq.ft.respectively in H1 2024.

In this five-year period, only 2020 saw a notable 21% annual rise in the region’s average flat size against 2019.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: IndiaNew Zealand

Topics: Pandemic Home loan outstanding Home loans Average home prices Real estate ownership Home size Real estate NCR

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 14:57:37 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 607 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22029397

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 247 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions