Senior executive Manju Yagnik from Nahar Group highlights the growing scarcity of Mumbai homes under Rs 1 crore without subsidies. Factors like rising construction costs, high demand, and rapid urbanization are driving up prices, making affordable housing a major issue for potential buyers in India's financial capital.
According to Knight Frank India's latest report, Kolkata Metropolitan Area saw 6,196 home registrations in August 2025, up 15% from last year and 33% from July. Mid-sized apartments dominated, signaling robust market growth ahead of national averages.
Discusses India's affordable housing sector, distinguishing it from the US sub-prime crisis, highlighting the potential market size and benefits.