As per media reports from ET Realty the concept of Micro Homes is gaining momentum in Mumbai.

'Micro homes' offered in Mumbai are between the size of 180 to 250 sq. ft. Most of these projects come with all the modern amenities including a club house and 24X7 security system. Young professionals and students are the target audience for such projects.

"Micro homes have been a solution to lack of housing and congestion in countries like Japan, Hong Kong, Britain and Spain, where the demand for homes is higher and space comes at a premium," says Neeraj Sharma, director of realty advisory Grant Thornton.

"India took time to accept the concept, but there is now a growing realisation that owning a micro home is better than not owning a home at all, even if the micro home is only the size of a larger master bedroom in a traditional Indian house."

Source