In 2022, Ahmedabad had the most affordable housing market of the eight biggest metropolitan areas in India with a proportion of 22 percent of income to monthly instalment of a housing unit. In Mumbai the affordability index was at 53 percent, the only city with higher than threshold affordability ratio set at 50 percent. However, the affordability index has significantly improved from pre-pandemic times in 2019 for many cities including Mumbai, Bengaluru and NCR.
Affordability of housing across India from 2010 to 2022, by metropolitan area
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Knight Frank. (January 13, 2023). Affordability of housing across India from 2010 to 2022, by metropolitan area [Graph]. In Statista. Retrieved March 19, 2024, from https://www.statista.com/statistics/1032919/india-house-price-income-ratio/
Knight Frank. "Affordability of housing across India from 2010 to 2022, by metropolitan area." Chart. January 13, 2023. Statista. Accessed March 19, 2024. https://www.statista.com/statistics/1032919/india-house-price-income-ratio/
Knight Frank. (2023). Affordability of housing across India from 2010 to 2022, by metropolitan area. Statista. Statista Inc.. Accessed: March 19, 2024. https://www.statista.com/statistics/1032919/india-house-price-income-ratio/
Knight Frank. "Affordability of Housing across India from 2010 to 2022, by Metropolitan Area." Statista, Statista Inc., 13 Jan 2023, https://www.statista.com/statistics/1032919/india-house-price-income-ratio/
Knight Frank, Affordability of housing across India from 2010 to 2022, by metropolitan area Statista, https://www.statista.com/statistics/1032919/india-house-price-income-ratio/ (last visited March 19, 2024)
Affordability of housing across India from 2010 to 2022, by metropolitan area [Graph], Knight Frank, January 13, 2023. [Online]. Available: https://www.statista.com/statistics/1032919/india-house-price-income-ratio/