Even households with the highest Maharashtra income are increasingly owned by the house in Mumbai. According to the recent analysis quoted India’s timesEven 5% of earnings who have average monthly household revenue £10.7 Lakh, will have to save for 109 years to buy an average size house in Indian financial capital.
The study combines data from the National Housing Council (NHB) with estimates of city income and calculates availability in 21 state capitals. For Mumbai with an average rate on the foot £29.911 from March 2025, standard 1 184 square feet. £3.54 crore. With top 5% of households in the state approximately saving £3.2 Lakh per year (assuming that the average average savings of 30.2%) becomes a significant visible gap of availability.
Gurgaon follows the second least affordable city with an economical horizon of 64 years for the same income group. Bengaluru and Delhi for inappropriately better, require 36 and 35 years of savings. Chandigarh appears as the most affordable among state cities, where households with high incomes can buy a similar house after 15 years.
The data ruled the debate online, with many users expressing distrust in prolonged timelines, while others called it an excitation call to reconsider the policy of urban housing and distribution of infrastructure.
Property Prices of Voltage on Tips on the highest markets
The findings come on the heels of Anarock reports in November in November, which showed a 23% year -on -year increase in average real estate prices across the seven best cities of India, including bombje and d and dili. During the period April – September 2024 the average price of houses touched £1.23 crore.
NCR led an increase with 56% of prices, on average £1.45 crore, followed by Bengaluru (44%) and Hyderabad (37%). Mumbai Metropolitan Region (MMR) has seen the highest sales volume, with Pune and NCR just behind them.
Contributing to dynamics is a growing appetite from rich Indians living abroad. According to the Bloomberg report, foreign Indians are expected to represent almost 20% of all luxury house purchases in India by 2025, which is a trend further reinforced platforms like Nobroker.com.
Since the affordability continues to disrupt high -income earnings, the expansion gap underlines the structural problems of the Indian urban real estate markets, especially in megacites such as Mumbai, where the lack of land, regulatory challenges and speculative investments maintain the ownership of the majority.
(Tagstotranslate) Availability of housing
