New Delhi, March 26 -- Indian housing affordability is set to stabilise this year as household income growth is projected to outpace property price appreciation for the first time since 2021. According to the CBRE Housing Affordability Index, the EMI-to-income ratio is expected to plateau through 2028, easing the financial burden on homebuyers across major urban centres. This shift marks a significant pivot from the previous three years, where interest rate hikes and rapid capital value growth consistently pushed the EMI burden upward.

"India's housing market is at a structural inflection point," said Anshuman Magazine, Chairman & CEO, India, South-East Asia, MEA, of CBRE. He noted that the convergence of monetary easing, moderating pric...