9 hrs ago
Affordable Homes Reach 51% of Mumbai Region’s New Supply
Mumbai’s region added about 37,500 new homes in the third quarter of 2026.
More than half were in the affordable or lower-mid-budget price ranges.
Affordable homes cost less than Rs 40 lakh, while lower-mid-budget homes cost between Rs 40 lakh and Rs 80 lakh.
Together, these two groups made up 51% of new homes, compared with 39% in the previous quarter.
The report also found that affordable homes gained a larger share across seven major Indian cities.
Mumbai’s region had the biggest share of both new home launches and home sales among those cities.
The Mumbai Metropolitan Region recorded approximately 37,500 new residential units in Q3 2026.
Affordable and lower-mid-budget homes made up 51% of the region’s new supply, up from 39% in the previous quarter.
Affordable homes priced below Rs 40 lakh accounted for 26% of supply, while homes priced Rs 40 lakh to Rs 80 lakh accounted for 25%.
Across seven major Indian cities, affordable housing’s share more than doubled to 14%, its highest level since Q4 2025.
MMR accounted for 33% of housing launches and 32% of sales among the seven cities in Q3 2026.
- Who
- Anarock, which published the report, and the residential market in the Mumbai Metropolitan Region.
- What
- Affordable and lower-mid-budget homes accounted for 51% of new housing supply in MMR.
- Where
- The Mumbai Metropolitan Region, with comparisons across seven major Indian cities.
- When
- Q3 2026; the report was referenced in an article dated October 9, 2026.
- Why
- The report describes the composition of new housing supply and the region’s share of launches and sales.
Key facts
- MMR new housing supply
- Approximately 37,500 units in Q3 2026
- Affordable and lower-mid-budget share
- 51% in Q3 2026, compared with 39% in the previous quarter
- Affordable segment
- Below Rs 40 lakh; 26% of MMR’s new supply
- Lower-mid-budget segment
- Rs 40 lakh to Rs 80 lakh; 25% of MMR’s new supply
- Other MMR supply segments
- Upper-mid: 18%; high-end: 21%; luxury: 7%; ultra-luxury: 3%
- Affordable share across seven cities
- 14%, more than double and the highest since Q4 2025
- MMR share of seven-city market
- 33% of housing launches and 32% of sales in Q3 2026
Sources
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