Is Affordable Housing A Reality In India In 2019?
As per Census 2011, there are 11 million vacant houses in Urban India. While the Modi govt works on a tenancy law to push for utilisation of these vacant homes - our ability to buy a new home has deteriorated in the last 4 years as per RBI's survey spanning across 13 Indian cities. There […]
As per Census 2011, there are 11 million vacant houses in Urban India. While the Modi govt works on a tenancy law to push for utilisation of these vacant homes - our ability to buy a new home has deteriorated in the last 4 years as per RBI's survey spanning across 13 Indian cities.
There is a wide gap between home prices in the country and real income as house price to income ratio spiked from 56.1 in March 2015 to 61.5 in March 2019
According to the RBI, Bhubaneswar is the most affordable city in India to buy a house while Mumbai is the least affordable city to do the same.
