Personal Finance News
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4 min read | Updated on February 20, 2026, 07:46 IST
SUMMARY
Of the top 7 cities, NCR saw the highest average flat size growth (30%) in the last two years, from approx. 1,890 sq. ft. in 2023 to approx. 2,466 sq. ft. in 2025, according to the latest ANAROCK Research report.

In 2023, out of the total 36,735 units launched in NCR, the luxury homes segment accounted for a 40% share; in 2025, NCR saw 61,775 units launched overall. | Image: Shutterstock.
Bigger homes are no longer a niche luxury in India, they are becoming the norm. According to the latest ANAROCK Research report, the average size of flats across the top 7 cities rose from 1,420 sq. ft. in 2023 to 1,656 sq. ft. in 2025, marking a 17% increase in just two years.
“Large 3-4BHKs and homes with added study rooms have now become mainstream in many of the top cities,” says Anuj Puri, Chairman of ANAROCK Group. “Highly motivated buyers remain unfazed by higher price tags. Luxury housing is firmly in the driver’s seat.”
"Despite relentless price growth in high-demand corridors, our latest data shows that the average sizes of homes across the top 7 cities together saw a steep 17% jump in the last two years – from 1,420 sq. ft. in 2023 to approx. 1,676 sq. ft. in 2025," adds Puri. "The last one year alone witnessed an 8% growth, with the average flat size at 1,540 sq. ft. in 2024."
Of the top 7 cities, NCR saw the highest average flat size growth (30%) in the last two years, from approx. 1,890 sq. ft. in 2023 to approx. 2,466 sq. ft. in 2025. Notably, NCR has seen a significant increase in new luxury supply (homes priced >INR 1.5 Cr) in this period.
| Year | Average Size (sq. ft.) |
|---|---|
| 2019 | 1,140 |
| 2023 | 1,420 |
| 2024 | 1,540 |
| 2025 | 1,656 |
In 2023, out of the total 36,735 units launched in NCR, the luxury homes segment accounted for a 40% share; in 2025, NCR saw 61,775 units launched overall. The luxury segment captured a staggering 80% share.
MMR has seen a 12% rise in average flat sizes in the last two years, contrary to the previous year’s growth readings. The average flat sizes in MMR stood at 810 sq. ft. in 2023 and increased to 904 sq. ft. in 2025.
Kolkata and Pune saw average flat sizes grow in single digits 2% and 5%, respectively in this period.
| City | 2023 Avg (sq. ft.) | 2025 Avg (sq. ft.) | 2-Year Growth |
|---|---|---|---|
| NCR | 1,890 | 2,466 | ≈30.48% (stated as 30%) |
| MMR | 810 | 904 | ≈11.60% (stated as 12%) |
| Kolkata | — | — | 2% (stated) |
| Pune | — | — | 5% (stated) |
“Luxury residential real estate is now less about shelter or investment and more about high-flying lifestyle and social signalling," says Puri. "It has become a definitive expression of personal success and social mobility. Even ‘regular home’ buyers are coming to the market with expectations of bigger spaces, superior layouts, and upgraded living standards. Beyond doubt, the COVID-19 pandemic has left a lasting psychological imprint on the entire market."
| Year | Total Units Launched | Luxury Share | Approx. Luxury Units |
|---|---|---|---|
| 2023 | 36,735 | 40% | 14,694 |
| 2025 | 61,775 | 80% | 49,420 |
| Market/City | 2019 | 2025 | Change |
|---|---|---|---|
| Top 7 Cities (avg.) | 1,140 sq. ft. | 1,656 sq. ft. | ≈45.26% (stated as 45%) |
| NCR | — | — | Almost doubled (stated) |
| Hyderabad | — | — | ≈53% jump (stated) |
Comparing pre-and-post-COVID data trends shows a 45% jump in average home sizes across the top 7 cities, from 1,140 sq. ft. in 2019 to approx. 1,656 sq. ft. in 2025. NCR has seen average flat sizes almost doubling in 2025 against 2019. Hyderabad also saw a 53% jump in average sizes in this six-year period.
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