India, June 30 -- Mumbai's housing affordability is at a 15-year high, but homeownership still remains out of reach for most buyers

The share of units up to 500 sq ft held steady at 39% YoY. Larger apartments maintained their presence, with units sized 1,000-2,000 sq ft unchanged at 13% and those above 2,000 sq ft steady at 3%. This underscores the enduring preference for compact homes, even as a niche segment of buyers continues to explore more spacious living options, it noted.

The Western and Central Suburbs continued to anchor Mumbai's residential market, together accounting for 88% of total registrations in June 2025, up slightly from 86% a year ago.

The Western Suburbs alone contributed 57%, while the Central Suburbs accounted fo...