20 hours ago
Mumbai Housing Most Affordable in 15 Years, Knight Frank Says
House purchase affordability in Mumbai hit a 15-year high following the central bank's recent rate cuts that reduce mortgage costs, a property consultant's report said.
An average household in Mumbai spent 48% of their income toward monthly installments of a home loan, versus 50% last year, according to Knight Frank's affordability index for the first six months of 2025.
