Indian housing affordability improves in 2025: Knight Frank Report

Housing affordability in India improved in 2025, driven by lower interest rates and income growth, Knight Frank reported. Ahmedabad, Pune, and Kolkata are the most affordable cities, while Mumbai's EMI-to-income ratio fell below 50% for the first time. Stability in rates and easing inflation supported homebuyer affordability, with most cities showing gains, though NCR saw a slight decline.