{
  "id": 9404141,
  "title": "Mumbai Homebuyers Prefer Compact Homes Over Bigger Flats As High Prices And Limited Space Shape Housing Demand",
  "url": "https://urgent.news/2026/09/23/mumbai-homebuyers-prefer-compact-homes-over-bigger-flats-as-high",
  "topic": "world",
  "section": "World",
  "published": "2026-09-23T19:36:00.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/mumbai/mumbai-homebuyers-prefer-compact-homes-over-bigger-flats-as-high-prices-and-limited-space-shape-housing-demand"
  },
  "original_language": "en",
  "account": "Mumbai's real estate market is heavily influenced by affordability and space limitations, leading to a strong preference for compact housing options. Urban areas like Mumbai face challenges in expanding land availability, making it crucial to optimize the existing space. Manoj Daisaria, former president of Practising Engineers, Architects and Town Planners Association, noted that making smaller apartments feel more spacious through better planning is the key challenge. Colliers Homebuying Sentiment Survey 2026 revealed that Mumbai homebuyers strongly prefer compact and appropriately sized housing configurations such as smaller 2BHKs, contrasting with cities like Delhi-NCR, Bengaluru, and Hyderabad, which favor larger and more spacious units. Consumer Sentiment Survey – H1 2026 by Anarock found that the Mumbai Metropolitan Region had the lowest preference for 3BHKs among surveyed cities, while Ahmedabad had the highest preference, followed by Chennai, Delhi-NCR, Hyderabad, Pune, Bengaluru, and Kolkata. Despite the desire for bigger houses, Ramesh Prabhu, chairman of Maharashtra Societies Welfare Association, emphasized that in Mumbai, the primary consideration is pricing due to various factors such as high property values and limited space. Additionally, property prices in Mumbai are expected to remain higher than other major cities for the next four to five years due to cluster redevelopment projects increasing the supply. Property experts suggest that compact homes should be viewed as an optimization of size and functionality rather than a compromise on lifestyle. Aakash Patel, Director, Atul Projects, opined that a well-planned 1 or 2BHK can offer better value to many buyers in Mumbai compared to a larger house that may involve compromises on convenience and connectivity.",
  "summary": "Mumbai: When it comes to housing, Mumbai remains heavily driven by affordability and spatial constraints, anchoring demand toward compact formats. \"In Mumbai, land is scarce and extremely expensive, with a limited scope for expansion. People strongly value location near the work place, proximity to railway station, metro, schools and established neighbourhood. In Mumbai, challenge is not 'how to…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}