Mumbai Home Affordability Hits Historic Low: Best Time to Buy in Pune?

• Mumbai's home affordability drops to 47% of income in 2025, a historic low from 93% in 2010, making home loans more accessible.
• Affordability improved in 7 of 8 major Indian cities, largely due to RBI's 1.25% interest rate cut since February.
• Ahmedabad is the most affordable city (18% of income), with Pune and Kolkata at 22%.
• NCR is an exception, slightly less affordable at 28% due to luxury home sales, but still below the 50% risk threshold.
• Income growth outpacing house prices and stable interest rates are expected to maintain this favorable market until 2026.

Why It Matters: Home buying is significantly more affordable across major Indian cities, presenting a golden opportunity.