real estate news
Rising Prices and Larger Flats Impact Affordability in Real Estate Market
The decline in residential sales is not just due to rising property prices but also because realtors are pushing for larger-sized properties, making them unaffordable for many buyers.
Real Estate Mumbai
Mumbai's Housing Market: High-Income Earners Need 109 Years to Afford a Home
Despite improved housing affordability, even high-income earners in Mumbai face a significant challenge in buying a home, with top earners needing over a century to save enough.
Real Estate Mumbai
Mumbai's Housing Market: Affordability at 15-Year High, Yet Out of Reach for Most Buyers
While Mumbai's housing affordability has reached a 15-year high, the majority of potential buyers still find homeownership out of reach. High-income earners face significant challenges, with the top 5% of urban households requiring over 109 years of savings to purchase an average home.
Real Estate Maharashtra
Mumbai Real Estate Crisis: Top 5% Need 109 Years to Afford a Home
A recent analysis reveals that even the wealthiest 5% of urban households in Maharashtra would need to save for 109 years to purchase an average-sized home in Mumbai, highlighting the severe housing affordability crisis.
Real Estate Pune
Knight Frank Affordability Index H1 2025: Ahmedabad, Pune, and Kolkata Lead in Housing Affordability
The Knight Frank India's latest Affordability Index report reveals that Ahmedabad, Pune, and Kolkata are the most affordable cities for housing in India, with Mumbai showing modest improvements. The report highlights the impact of the RBI's repo rate cuts on housing affordability.
Real Estate Mumbai
109 Years to Buy a Home in Mumbai? Even for the Top Earners
A new analysis reveals that even the top 5% of earners in Mumbai would need 109 years to save enough to buy an average home, highlighting the severe housing affordability crisis in India's major cities.