In urban India, soaring property prices outpace middle-class salaries. This forces buyers into smaller suburban homes, long commutes, and heavy, decades-long loan burdens despite government aid.
Affordability is a something people around the world are struggling with. In India, the story often starts with housing.
Famous Urdu poet Mirza Ghalib once wrote, ‘Ik roz apni rooh se poocha, ki Dilli kya hai, to yun jawab main keh gaye, yeh duniya mano jism hai aur Dilli uski jaan (I asked my soul: What is Delhi? She ...
India's middle class is quietly slipping under financial pressure as rising expenses, stagnating incomes, and lack of policy focus leave millions squeezed, warns Delhi-based startup founder Madhav ...
In 1980, neither China nor India had much representation in the “global middle class” — people who neither belong to the bottom half of the income distribution nor rank among the top 10% worldwide.