The government agency came out with this figure keeping the alternate real estate sector in mind, indicating micro-housing. Here is how that may affect you!

The Mumbai Metropolitan Region alone hosts around 24 million residents and shares title of ‘one of the most densely populated regions’ with cities like Karachi, Jakarta, Shanghai and Tokyo! The new micro-housing, which is also known as studio apartments or nuclear houses, is a trend copied from cities like Hong Kong and Tokyo, where the capitalistic markets make the land unimaginably pricey since it is limited.

Young professionals and students are the target audience for the growing Micro home culture in Mumbai