India's least and most affordable cities for housing

Bhubaneswar was the most affordable city, according to RBI's Quarterly Residential Asset Price Monitoring Survey (RAPMS). Bhubaneswar's house price to income (HPTI) ratio reached a level of 54.3 as of March 2019. In 2015 the HPTI ratio of Bhubaneswar was at 47.2 indicating a drop of 15 per cent in housing affordability.

Jaipur was the second most affordable city in India as per the RBI's quarterly survey. Since March 2015, the housing affordability in Jaipur has decreased by 4.7 per cent. The current HPTI ratio for Jaipur city stood at 55.9

Bengaluru, the capital of Karnataka, which is the third most populous city in India stood third in the housing affordability ranking. In the last four years, housing affordability in Bengaluru has reduced by 7.5 per cent and stood at 56.1, as per RBI's quarterly survey.
Bhopal, the capital of Madhya Pradesh, was the fourth most affordable Indian city. As of March 2019, the HPTI ratio of Bhopal stood at 56.2 and since 2015 it has increased by 14.5 per cent.
The capital of West Bengal, Kolkata was the fifth most affordable city in India as per the RBI's quarterly survey. The house price to income (HPTI) ratio of Kolkata has increased by 15.8 per cent in the last four years and stood at 56.5 as of March 2019
The capital of India, Delhi, was the sixth most affordable city. The HPTI ratio of Delhi as per RBI's quarterly residential asset price monitoring survey (RAPMS) stood at 58.8 in the last four years houding in Delhi has become dearer by 8.3 per cent.


The capital of Tamil Nadu, Chennai, was the seventh most affordable city. In Chennai the housing affordability has decreased by 12.9 per cent in the last four years. As of March 2019 the HPTI ratio of Chennai stands at 58.6
On the eighth place stands Lucknow, the capital of Uttar Pradesh. The HPTI ratio for Lucknow stood at 58.6 as of March 2019. Since 2015, the housing affordability in Lucknow has decreased by 11.6 per cent.
Hyderabad, which is the fourth most populous city in India stood at the ninth spot in housing affordability rankings, as per RBI's quarterly survey. As of March 2019, the HPTI ratio of Hyderabad stood at 60.3 and has deteriorated by 25.9 per cent since 2014. Hyderabad has seen the highest decrease in housing affordability.
The union territory of Chandigarh took the tenth place. In Chandigarh, the HPTI ratio stood at 63.4. In 2014 the same ratio stood at 52.2 indicating a decrease in housing affordability by 21.5 per cent.

Pune which is the ninth most populous city in India was the eleventh most affordable city as per RBI's quarterly survey. As per RBI, the housing affordability in Pune has seen a nominal decrease of 9.4 per cent in the last four years. As of March 2019, the house price to income ratio for Pune stood at 66.6
Ahmedabad,  which is the fifth most populous city in India was also the second least affordable city. As per RBI's survey the house price to income ratio in Ahmedabad stood at 70.4 as of March 2019. In the last four years, the housing affordability in Ahmedabad has decreased by 18.3 per cent.

The least affordable city in India was Mumbai. As of 2019, the HPTI ratio of Mumbai stood at 74.4. Since 2014, the housing affordability in Mumbai has decreased by 16 per cent.