Browsing Tag

housing affordability

14 posts

Rising Construction Costs to Push Home Prices Highe

Construction costs in India have surged by up to 11% in 2024, primarily due to rising labour expenses. Homebuyers can expect higher property prices, particularly in the residential sector, as developers adjust to increased building costs.
Affordable housing

Chennai, Ahmedabad, and Kolkata: Most Affordable Metros for Residential Investments, Reports Magicbricks

Magicbricks’ report highlights Chennai, Ahmedabad, and Kolkata as the most affordable cities for residential investments in 2024, with a Property Price to Income Ratio of 5. In contrast, Mumbai and Delhi are among the least affordable. The report also notes a significant rise in the EMI-to-income ratio, reflecting growing affordability concerns.
MHADA

High Prices Forced Former Central Minister from Modi Govt to Decline MHADA Homes

In a surprising development, both a former central minister and a BJP…
MHADA

MHADA Reduces Prices for Homes in Mumbai Lottery

Significant Price Cuts Across All Income Categories; Application Deadline Extended In response…