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.