Dreamy Digs: Why Buying A House In India Has Become A Pipe Dream

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Posted by AI on 2025-09-09 13:26:06 | Last Updated by AI on 2025-09-09 19:03:26

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A significant majority of Indians are struggling to make their homeownership dreams a reality, thanks to soaring property prices. Find out why the dream of 80% of Indians to own a house is just that, a dream.

Dreaming of buying a home of your own? You're certainly not alone. With property prices soaring in India, however, that dream has become increasingly elusive and out of reach for millions.

Recently, property consultant Anarock conducted a survey that highlighted homeownership was next to impossible for 81% of respondents. Notably, property prices in seven major cities have risen by at least 50% over the past five years. As a result, buyers are increasingly interested in premium homes and 3 BHKK flats.

While affordable housing schemes and government policies may offer some relief, the bottom line is that buying a home in India has become a daunting and costly proposition. It's more than just a dream for most; it's a pipe dream that feels out of reach.

The tide has turned for the Indian real estate market. Reflecting on the findings, Property Consultant Harshvardhanpending Co-Founder, and Chairman of Anarock, said that "the quantum of ready reckoner rates increment over the past five years has been unprecedented."

"Hyperactive new launch activity by leading developers during the past few years, coupled with a huge surge in residential demand in recent quarters, has unexpectedly widened the scope for further price increase in the near future," he added.

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