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Affordable Housing Share Halves in Five Years, Squeezing Urban Middle Class

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The share of newly launched homes priced at Rs 40 lakh or below has dropped sharply over the past five years in India. Such affordable units accounted for 30 per cent of all new residential launches in 2020. By 2025, that figure had fallen to just 14 per cent. The steep decline reflects a growing mismatch between housing supply and what the urban middle class can realistically afford.

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