How big are the apartments in Indian cities

CNBC-TV18.com

Published Aug 11, 2024

By Vivek Dubey

NCR TOPS FLAT SIZES

NCR recorded the highest average flat size of 2,450 sq. ft. in H1 2024, overtaking Hyderabad, which stands at 2,010 sq. ft.

Southern cities comparison

In H1 2024, Bengaluru’s average flat size is 1,630 sq. ft., while Chennai follows closely with 1,450 sq. ft., reflecting rising demand in southern cities.

Modest sizes in Pune, Kolkata

Kolkata's average flat size is 1,125 sq. ft., slightly larger than Pune’s 1,103 sq. ft., both remaining modest compared to other major cities.

Pandemic's lasting impact

A five-year trend shows a significant 32% rise in average flat sizes across cities, driven by pandemic-specific demand, continuing despite rising prices.

NCR's notable growth

NCR saw a 96% increase in average flat sizes over five years, from 1,250 sq. ft. in 2019 to 2,450 sq. ft. in H1 2024, the highest jump among top cities.

Hyderabad's mixed results

Hyderabad witnessed an 18% rise in average flat size over five years but saw a 13% decline between 2023 and H1 2024, the only city to do so.

Bengaluru’s steady rise

Bengaluru experienced a 27% five-year increase in average flat size, reaching 1,630 sq. ft. in H1 2024, with a 10% jump in the last six months.

Kolkata’s gradual growth

Kolkata’s average flat size increased by 13% over five years, reaching 1,125 sq. ft. in H1 2024, with minimal change from 2023.

Pune’s moderate increase

Pune saw a 21% rise in average flat size over five years, growing to 1,103 sq. ft. in H1 2024, with just a 1% increase in the last six months.

Chennai’s significant jump

Chennai witnessed a 32% increase in average flat size, reaching 1,450 sq. ft. in H1 2024, with a notable 15% rise in the last six months.

MMR's smallest flats

MMR continues to have the smallest average flat sizes at 825 sq. ft. in H1 2024, with a slight 5% increase from 2019 and 4% growth in the last six months.

Source: ANAROCK research