Mumbai’s 50% Affordability Stress Triggers Massive Cluster Redevelopment Push
Housing affordability in Mumbai has reached a tipping point, with the city’s affordability index touching nearly 50% — indicating that an average household now spends close to half its income on home loan EMIs. Against the backdrop of shrinking land availability and ageing building stock, the Maharashtra Housing and Area Development Authority (MHADA) has unveiled […]
Rethinking ‘Affordable Mumbai’: Why 2026 Marks A Turning Point For First-Time Buyers
January 5, 2026: As Mumbai moves into 2026, the housing market presents a more layered reality than headline numbers suggest. Despite stable interest rates and rising household incomes creating the impression of improved affordability, homeownership continues to drift further out of reach for first-time buyers across the city. This disconnect is evident in the data. […]
Buying A Home In Mumbai Now Takes 109 Years of Income, Says Report
June 15, 2025: Even Maharashtra’s wealthiest urban families are finding home ownership in Mumbai to be an increasingly unattainable goal. New data suggests that the top 5% of earners in the state would need to save for 109 years to purchase an average-sized home in the city, making Mumbai the least affordable property market among […]