Single working individuals and newly married couples, trapped in an environment of rising property prices, uncertain job market and a gloomy macro-economic scenario, are reconsidering the option of buying the more affordable one-bedroom apartments in Mumbai.
These home buyers, confident of good increments and job security in the past few years, had shunned such apartments and focused on buying at least two-bedroom apartments, or something even fancier. But things have changed since then, and these folks aren’t ready to take on higher liabilities of owning bigger apartments, especially at current rates.
Read more: Mumbai builders see an opportunity in small homes despite rising prices and market uncertainty
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