Property Prices in Navi Mumbai, India

Index Info
Price to Income Ratio: 12.25
Mortgage as Percentage of Income: 126.78%
Loan Affordability Index: 0.79
Price to Rent Ratio - City Centre: 24.39
Price to Rent Ratio - Outside of Centre: 67.72
Gross Rental Yield (City Centre): 4.10%
Gross Rental Yield (Outside of Centre): 1.48%
Rent Per Month
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Apartment (1 bedroom) in City Centre 20,666.67 ₹ 17,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 12,750.00 ₹ 10,000.00-14,000.00
Apartment (3 bedrooms) in City Centre 90,000.00 ₹ 40,000.00-200,000.00
Apartment (3 bedrooms) Outside of Centre 22,333.33 ₹ 20,000.00-27,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 16,741.78 ₹ 8,999.93-23,225.57
Price per Square Feet to Buy Apartment Outside of Centre 17,290.16 ₹ 15,999.87-18,580.45
Salaries And Financing
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Average Monthly Net Salary (After Tax) 74,761.90 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.42 7.00-9.00

These data are based on 65 entries in the past 18 months from 21 different contributors.
Last update: April 2024

Sources and References
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