The New Indian Express calculates what your minimum monthly income should be in order to buy a house in these 14 cities. Read on...
Delhi-NCR still in bad shape
Home launches rose substantially over the last few months in the National Capital Region. However, with 2.67 lakh unsold units and delivery time crossing two years, the market is seeing a continuation of sluggish demand
- Prices of apartments were calculated by sourcing averages from multiple industry reports for Jan-Mar 2016 from Cushman & Wakefield, Jones Lang Lasalle and Knight Frank
- Assumed size of apartment varied from city to city. For example, the assumed size of an apartment in Mumbai was pegged at 800 sq ft, while one in Bhubaneswar was pegged at 1,200 sq ft