1-BHK Flat Price Rs 1.5 Crore Locks Out

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The cost of a 1-BHK flat has reached Rs 1.5 crore, making homeownership inaccessible for many in urban areas. New property launches priced at Rs 40 lakh and below significantly decreased from 30% in 2020 to just 14% by 2025. This trend indicates a widening affordability gap, pushing the urban middle class out of the housing market.