109 years in Mumbai, 64 years in Gurugram: Can top earners still afford to own a home in major cities?
Last Update Date: 06-10-2026
Published by Hindustan Times
Abhishek Kumar's role: Quoted
Abhishek Kumar explained the arithmetic behind the Mumbai figure, using household spending, savings rates and home prices, and pointed out that affordable housing supply has shrunk across major cities.
More of Abhishek's views on money management
Using official housing data, the article reports how many years of saving the highest-earning households would need to buy a home in large Indian cities, with Mumbai and Gurugram the costliest. It discusses EMI-to-income ratios, the trade-offs buyers now face, and a hybrid approach of owning in a smaller city while renting near work.
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109 years in Mumbai, 64 years in Gurugram: Can top earners still afford to own a home in major cities?