Mumbai Real Estate: Affordable, Lower-Mid-Income Housing Accounts For 51 Per Cent Of MMR’s New Supply
Mumbai, October 9, 2026: Of the total new housing supply of approximately 37,500 residential units in the Mumbai Metropolitan Region (MMR) in the third quarter of this year (Q3 2026), 51% of housing stood in the affordable plus lower-mid-income segment. It was 39% in the earlier quarter, as per Anarock's latest report titled 'Residential Market Viewpoints'. Affordable And Lower-Mid Segments Lead…
In October 2026, a report by Anarock revealed that in the third quarter, affordable and lower-mid-income housing accounted for 51% of new residential units in the Mumbai Metropolitan Region (MMR). This represented a significant increase from the previous quarter, where affordable housing made up only 39% of the supply. The affordable segment included homes priced below Rs 40 lakh, while the lower-mid-budget segment comprised properties priced between Rs 40 lakh and Rs 80 lakh.
In contrast, the upper-mid, high-end, luxury, and ultra-luxury segments accounted for 18%, 21%, 7%, and 3% of the housing supply, respectively.
This trend of affordable housing playing a more significant role in MMR is not unique to the region; it is also observed nationwide. Across the top seven cities in India - Mumbai MMR, Delhi NCR, Bengaluru, Pune, Hyderabad, Chennai, and Kolkata - the affordable housing segment saw a surge, with its share more than doubling to 14%, the highest level since Q4 2025.
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