With government major policy reforms like RERA, GST, and Housing for all initiative, today even a mid-segment buyer can think of buying their dream home. Whether it is a tier-1 city or tier-2 city most of the developers are focusing on the development of affordable homes that are in reach of maximum homebuyers.
With growing population of Nuclear or small families in India, the trend of Compact home is gaining momentum in the realty market of the country. Especially, in the metros where more than half of the population is working, these homes play a very important role as they are closer to business districts and above all are much affordable in price.
A compact home consists of hall, bedroom, study and a kitchen with washrooms and balcony. These homes vary in size from 500 sq. ft. to 800 sq. ft. which is well-suited for a small family.