Latest Answer: @ Mr Roy ,
As per my knowledge, consumers have been searching for smaller homes that fit their budget. As per different sources it is clearly showed that 1BHK units or houses worth Rs 20-60 lakh were in demand. However, the market is skewed towards larger 3 and 4BHK units. Instead of speculative development, Indian developers and the market would benefit from better market research by developers before projects are launched.
