Udayan Adhye: Navigating Affordable Real Estate in Metro Cities

An insightful approach to determining affordability involves examining the Home Loan EMI to Income Ratio – a metric that calculates how much of one's income contributes to paying the home loan EMI. Let's explore the top contenders based on this criterion.

Top Metro Cities for Affordable Real Estate:

Ahmedabad - 23%:

Ahmedabad emerges as a frontrunner in affordability with a low Home Loan EMI to Income Ratio of 23%. This suggests that homebuyers in Ahmedabad spend a relatively smaller portion of their income on loan repayments, making it an attractive option for budget-conscious individuals.

Pune - 26%:

Pune follows closely with a ratio of 26%, showcasing a reasonable balance between home prices and income levels. Udayan Adhye Reel highlights Pune as a favorable destination for those seeking affordable real estate options within a metro setting.

Kolkata - 26%:

Kolkata shares the same ratio as Pune, making it another economically viable choice for homebuyers. The city's real estate landscape, coupled with its cultural richness, positions it as an attractive destination for those looking for affordability without compromising on lifestyle.

Bengaluru - 28%:

Bengaluru, often hailed as the Silicon Valley of India, maintains a modest ratio of 28%. While slightly higher than Ahmedabad, Pune, and Kolkata, the city's vibrant job market and cosmopolitan atmosphere contribute to its appeal to potential homebuyers.

View this post on Instagram

A post shared by Udayan Adhye | Finance & Investing (@udayanonmoney)

Chennai - 28%:

Chennai rounds up the list with a ratio of 28%, mirroring Bengaluru. Udayan Adhye Reel emphasizes the city's unique blend of tradition and modernity, making it a promising option for those seeking affordability and cultural richness.