Affordability takes a hit as prices rise & realtors push for larger flats

ON THE FACE of it, the decline in growth in residential sales is due to the price rise in properties. But there is more to it than what meets the eye.

- RAGHAVENDRA KAMATH

According to sector experts, realtors push for larger-sized properties along with the increase in prices is making them unaffordable for many buyers.

According to Mayank Saksena, chief executive officer-land services at Anarock Property Consultants, developers are not making as many one- and two-bedroom-hall apartments in cities such as Bangalore as they used to make earlier. "Mostly they are focusing 3 and 4 bedroom apartments," he said.

Saksena is right. While the share of 1BHK units to overall residential sales has declined from 9% in June 2022 to 6.7% in June 2025 in Bangalore, for 2 BHKs it has declined to 27.2% from 40% in the same period in the city.

The share of 3BHKs, on the other hand, has gone up from 45.3% to 52.7% in the city during this period, according to TruBoard Partners.