Property Prices in Mumbai, India
| Index |  |
|---|---|
| Price to Income Ratio: | 34.22 |
| Mortgage as Percentage of Income: | 368.15% |
| Loan Affordability Index: | 0.27 |
| Price to Rent Ratio - City Centre: | 44.48 |
| Price to Rent Ratio - Outside of Centre: | 42.48 |
| Gross Rental Yield (City Centre): | 2.25% |
| Gross Rental Yield (Outside of Centre): | 2.35% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 50,456.53 ₹ | |
| Apartment (1 bedroom) Outside of Centre | 28,530.93 ₹ | |
| Apartment (3 bedrooms) in City Centre | 153,793.47 ₹ | |
| Apartment (3 bedrooms) Outside of Centre | 73,032.14 ₹ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 59,684.05 ₹ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 29,233.92 ₹ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 69,920.11 ₹ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.95 |
These data are based on 433 entries in the past 18 months from 69 different contributors.
Last update: April 2024
Sources and References
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Nearby cities:| Property Prices in Navi Mumbai | 16.01 miles |
| Property Prices in Kalyan | 30.83 miles |
| Property Prices in Pune | 94.83 miles |
| Property Prices in Navsari | 156.83 miles |
| Property Prices in Mandangad | 172.31 miles |
| Property Prices in Surat | 180.81 miles |
| Property Prices in Aurangabad | 231.51 miles |
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Leave a comment:1 Comments so far
Palash
on Sep 05, 2022:
It is wise to calculate IRR before going for purchasing a property