Chennaites prefer smaller houses
Posted on: 12/May/2015 10:53:19 AM
Chennaites have taken a slew with their preference from large or medium sized houses to smaller ones which is a response to the heavy surge in realty prices. Data from Reserve Bank of India states there is a significant rise in people who seek for housing loan for purchasing small sized houses of 750 sqft and below in the third quarter of 2014 (between September and December). Up to September, the preference was higher for house of area between 750 sqft and 1200 sqft.
