The EMI-to-monthly income ratio in India has also risen from 46% in 2020 to 61% in 2024, indicating a growing burden of EMIs on home buyers and reflecting affordability concerns nationwide, especially metros, the report said. The trend is more pronounced in MMR (116%), New Delhi (82%), Gurugram (61%) and Hyderabad (61%). Cities like Ahmedabad (41%), Chennai (41%) and Kolkata (47%) are relatively more affordable.
