Property Prices in Surat, India

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Index Info
Price to Income Ratio: 8.61
Mortgage as Percentage of Income: 91.07%
Loan Affordability Index: 1.10
Price to Rent Ratio - City Centre: 6.61
Price to Rent Ratio - Outside of Centre: 7.76
Gross Rental Yield (City Centre): 15.13%
Gross Rental Yield (Outside of Centre): 12.88%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 43,765.09 ₹ 20,000.00-50,000.00
Apartment (1 bedroom) Outside of Centre 48,947.71 ₹ 32,111.00-50,000.00
Apartment (3 bedrooms) in City Centre 91,363.64 ₹ 40,000.00-100,000.00
Apartment (3 bedrooms) Outside of Centre 22,857.14 ₹ 15,000.00-30,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 6,286.24 ₹ 4,499.96-23,225.57
Price per Square Feet to Buy Apartment Outside of Centre 5,135.43 ₹ 3,999.97-7,432.18
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 35,714.29 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.72 7.10-11.00

These data are based on 152 entries in the past 18 months from 34 different contributors.
Last update: May 2024

Sources and References
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