The real estate industry is going through a bad phase, and there are several reports suggesting stagnant sales and unsold inventory in the city and Mumbai Metropolitan Region.
Housing affordability in India has worsened over the past four years with Mumbai retaining the top slot
Bhubaneswar was the most affordable city for home buying with a price-to-income ratio of 54.3 in the March quarter compared to 47.2 in March 2015
