A 600-square-foot apartment in Mumbai costs 30 times the average annual income. A line, posted on Reddit, has hit a raw nerve among home buyers. “We laugh nervously, comparing prices over chai,” the user wrote. “But the laughter dies when we glimpse the ledger of reality.” In a thread that felt part confessional, part obituary, … Read more
Buying a home in India today isn’t just hard, it’s almost absurd. In a LinkedIn post, investment banker Sarthak Ahuja unpacks why urban real estate is slipping further out of reach for the average Indian, and what prospective homebuyers can realistically do about it. “If you look at the Price to Income (P2I) Ratio for … Read more
Raymond Group MD Gautam Singhania offered a cautious outlook on real estate prices in South Mumbai, suggesting they may decline, though predicting the extent of the drop is challenging. Singhania, in an interview to NDTV profit, expressed skepticism about the bullish predictions that prices in the area could reach ₹1.5–2 lakh per square foot. He … Read more