Mumbai's skyrocketing real estate prices mean ₹50-60 lakh budgets fetch only about 200 sq ft of space, as seen in recent sales like a 235 sq ft Dahisar studio at ₹62 lakh and a 160 sq ft Dadar flat for ₹49 lakh. Young professionals and small families turn to compact homes amid calls for Budget 2026 reforms to revise affordable housing caps and boost PMAY-U effectiveness.