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Thursday, October 17, 2019
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Real estate moving towards smaller homes across India: Report

The liquidity crisis in the real estate industry, strict sanctioning of loans by banks and customers’ preference for affordable homes have resulted in developers offering smaller homes in major cities across India. A study released by realty consultant Anarock on Monday said that average apartment sizes have shrunk by 27% over the past five years — from 1,400 square feet in 2014 to nearly 1,020 sq ft in 2019 so far.


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