Mumbai’s homes become smaller every year

Apartment sizes in Mumbai Metropolitan Region have been shrinking every year. Since 2011, apartment sizes have been reduced by 22%. The average apartment size today is 717 square feet according to data by real estate advisory firm Liases Foras. Homes in the Island City are the largest. Excluding that pocket which comprises of luxury products, the average home size in the rest of Mumbai falls to a meagre 609 square feet. The smallest homes are to be found in Panvel which is seeing traction on the back of planned infrastructure activity. Developers are opting to cut square feet, rather than cut the price per square feet as a means to make affordable products.

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