Mumbai's skyrocketing real estate prices mean ₹50-60 lakh budgets fetch only about 200 sq ft of space, as seen in recent sales like a 235 sq ft Dahisar studio at ₹62 lakh and a 160 sq ft Dadar flat for ₹49 lakh. Young professionals and small families turn to compact homes amid calls for Budget 2026 reforms to revise affordable housing caps and boost PMAY-U effectiveness.
Nuvama's analysis reveals Gurugram's real estate market grappling with severe affordability constraints as luxury segments dominate. Bengaluru and Chennai maintain growth momentum, while Hyderabad likely passed its peak, per brokerage insights.
Bengaluru's housing market shows signs of cooling as sales drop 8% year-on-year while property prices surge 12%, creating opportunities for cautious buyers.