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With property prices surging, $1 million now buys less space in Mumbai Delhi Bengaluru
Economy
Published on 24 April 2026
Cities improved in global rankings, but your square feet shrank
Prime residential property prices in India kept rising, reducing how much space $1 million can buy in Mumbai, Delhi, and Bengaluru. Despite all three cities moving up in global property affordability and market rankings, the purchasing power in real square footage tightened—highlighting how faster price growth is outpacing buyers’ expectations.
- Rising prime home prices cut $1 million buying power in top cities
- Mumbai, Delhi, and Bengaluru all became pricier for buyers
- Global rankings improved even as affordability in space worsened
- Tighter square footage signals continued pressure on home budgets
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times