What are the types of residential real estate in India?
Residential real estate in India is classified based on property type, ownership, and affordability:
- Apartments/Flats – The most common urban housing type, ranging from 1BHK to penthouses.
- Independent Houses/Villas – Spacious homes offering privacy and customization.
- Row Houses/Townhouses – Multi-floor homes with shared walls in gated communities.
- Affordable Housing – Budget-friendly homes under government subsidy schemes.
- Luxury Housing – High-end residences with premium features like smart home automation.
- Senior Living Communities – Retirement homes with medical and security facilities.
- Co-Living Spaces – Shared accommodations designed for working professionals and students.
With the rise of urbanization and infrastructure growth, new types like smart homes and green buildings are gaining traction.
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