Housing becomes less affordable, reveals RBI study

TNN | Updated: Jul 12, 2019, 09:48 IST

MUMBAI: Even as the real estate industry complains of a slowdown in sales, a Reserve Bank Of India(RBI) survey has said that housing has become  less affordable over the last four years. This indicates that developers are holding on to prices. According to the report, Mumbai remains the least affordable city in india, while Bhubaneswar has the cheapest real estate among the 13 cities that were studied by RBI. 

Source- timesofindia

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