Proportion of income to housing across India 2010-2023

Published by Sandhya Keelery, Jul 3, 2025

In 2023, Ahmedabad had the most affordable housing market of the eight biggest metropolitan areas in India with a proportion of ** percent of income to monthly instalment of a housing unit. In Mumbai the affordability index was at ** percent, the only city with higher than threshold affordability ratio set at ** percent. However, the affordability index has significantly improved from pre-pandemic times in 2019 for many cities including Mumbai, Bengaluru and NCR.

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Affordability of housing across India from 2010 to 2023, by metropolitan area

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Release date

January 2024

Region

India

Survey time period

2010 to 2023

Supplementary notes

"Knight Frank Affordability Index" equates monthly instalment (EMI) to income ratio in percentage.

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