Home affordability by city in India
Updated 2026-09-06For each salary below, Affordly works out a safe, conservative affordable property value (the same math as the Affordability Calculator), then checks how far that actually goes against real average property rates in 13 major Indian cities — Magicbricks PropIndex, Apr-Jun 2026. Cities are ranked by how much space the same salary buys, most to least.
Assumes no existing EMIs or major fixed expenses, 8.5% interest, a 20-year tenure, and no down payment — the same baseline used throughout Affordly's salary guides.
At a ₹40,000 salary
See full EMI breakdown →Affordly's safe affordable property value: ₹13,82,770
| City | Avg. rate (₹/sq ft) | Affordable area | % of a 1,000 sf home |
|---|---|---|---|
| Ahmedabad | ₹7,330 | 189 sf | 19% |
| Kolkata | ₹8,056 | 172 sf | 17% |
| Hyderabad | ₹8,710 | 159 sf | 16% |
| Greater Noida | ₹9,667 | 143 sf | 14% |
| Chennai | ₹10,702 | 129 sf | 13% |
| Pune | ₹12,546 | 110 sf | 11% |
| Noida | ₹13,439 | 103 sf | 10% |
| Bengaluru | ₹13,501 | 102 sf | 10% |
| Navi Mumbai | ₹14,000 | 99 sf | 10% |
| Thane | ₹15,500 | 89 sf | 9% |
| Gurugram | ₹16,100 | 86 sf | 9% |
| Delhi | ₹20,697 | 67 sf | 7% |
| Mumbai | ₹39,500 | 35 sf | 4% |
At a ₹50,000 salary
See full EMI breakdown →Affordly's safe affordable property value: ₹17,28,463
| City | Avg. rate (₹/sq ft) | Affordable area | % of a 1,000 sf home |
|---|---|---|---|
| Ahmedabad | ₹7,330 | 236 sf | 24% |
| Kolkata | ₹8,056 | 215 sf | 21% |
| Hyderabad | ₹8,710 | 198 sf | 20% |
| Greater Noida | ₹9,667 | 179 sf | 18% |
| Chennai | ₹10,702 | 162 sf | 16% |
| Pune | ₹12,546 | 138 sf | 14% |
| Noida | ₹13,439 | 129 sf | 13% |
| Bengaluru | ₹13,501 | 128 sf | 13% |
| Navi Mumbai | ₹14,000 | 123 sf | 12% |
| Thane | ₹15,500 | 112 sf | 11% |
| Gurugram | ₹16,100 | 107 sf | 11% |
| Delhi | ₹20,697 | 84 sf | 8% |
| Mumbai | ₹39,500 | 44 sf | 4% |
At a ₹60,000 salary
See full EMI breakdown →Affordly's safe affordable property value: ₹20,74,155
| City | Avg. rate (₹/sq ft) | Affordable area | % of a 1,000 sf home |
|---|---|---|---|
| Ahmedabad | ₹7,330 | 283 sf | 28% |
| Kolkata | ₹8,056 | 257 sf | 26% |
| Hyderabad | ₹8,710 | 238 sf | 24% |
| Greater Noida | ₹9,667 | 215 sf | 21% |
| Chennai | ₹10,702 | 194 sf | 19% |
| Pune | ₹12,546 | 165 sf | 17% |
| Noida | ₹13,439 | 154 sf | 15% |
| Bengaluru | ₹13,501 | 154 sf | 15% |
| Navi Mumbai | ₹14,000 | 148 sf | 15% |
| Thane | ₹15,500 | 134 sf | 13% |
| Gurugram | ₹16,100 | 129 sf | 13% |
| Delhi | ₹20,697 | 100 sf | 10% |
| Mumbai | ₹39,500 | 53 sf | 5% |
At a ₹1,00,000 salary
See full EMI breakdown →Affordly's safe affordable property value: ₹34,56,925
| City | Avg. rate (₹/sq ft) | Affordable area | % of a 1,000 sf home |
|---|---|---|---|
| Ahmedabad | ₹7,330 | 472 sf | 47% |
| Kolkata | ₹8,056 | 429 sf | 43% |
| Hyderabad | ₹8,710 | 397 sf | 40% |
| Greater Noida | ₹9,667 | 358 sf | 36% |
| Chennai | ₹10,702 | 323 sf | 32% |
| Pune | ₹12,546 | 276 sf | 28% |
| Noida | ₹13,439 | 257 sf | 26% |
| Bengaluru | ₹13,501 | 256 sf | 26% |
| Navi Mumbai | ₹14,000 | 247 sf | 25% |
| Thane | ₹15,500 | 223 sf | 22% |
| Gurugram | ₹16,100 | 215 sf | 21% |
| Delhi | ₹20,697 | 167 sf | 17% |
| Mumbai | ₹39,500 | 88 sf | 9% |
Prefer to start from a target home instead of a salary? See the salary needed by city.
Frequently asked questions
Where do the city price figures come from?
Ready-to-Move average residential rates (₹ per sq ft) from the Magicbricks PropIndex report, Apr-Jun 2026. These are city-wide averages across all localities — a specific neighbourhood can be well above or below the city figure, so treat this as a starting point for comparison, not a quote for any one property.
Why 1,000 sq ft as the reference home size?
The same PropIndex report found that 2BHK homes in the 750-1,250 sq ft range are the dominant demand segment across Indian cities, so 1,000 sq ft is a reasonable stand-in for "a typical home" rather than an arbitrary number. Your own target home size will differ — use the percentage as a rough guide, not an exact fit.
Why does this only use the recommended (conservative) number, not the bank maximum?
This index is about what's safe to commit to long-term, which is the whole point of Affordly — comparing cities using the bank's maximum approval would defeat that purpose by encouraging people to stretch further just because a city looks more 'affordable' on paper.
City price data: Magicbricks PropIndex, Q2 2026 (Apr-Jun 2026) — Ready-to-Move segment, city-wide weighted average. Figures will be updated as newer quarterly reports become available.