Property Prices in India

Index Info
Price to Income Ratio: 12.29
Mortgage as Percentage of Income: 131.64%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 37.89
Price to Rent Ratio - Outside of Centre: 32.80
Gross Rental Yield (City Centre): 2.64%
Gross Rental Yield (Outside of Centre): 3.05%
Rent Per Month
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Apartment (1 bedroom) in City Centre 17,496.08 ₹ 8,500.00-50,456.53
Apartment (1 bedroom) Outside of Centre 11,033.75 ₹ 5,050.25-48,947.71
Apartment (3 bedrooms) in City Centre 41,143.38 ₹ 20,000.00-153,802.15
Apartment (3 bedrooms) Outside of Centre 25,596.35 ₹ 14,000.00-73,032.14
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 15,291.54 ₹ 6,503.16-59,684.05
Price per Square Feet to Buy Apartment Outside of Centre 8,287.82 ₹ 3,716.09-29,233.92
Salaries And Financing
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Average Monthly Net Salary (After Tax) 51,619.72 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.89 6.90-12.00

These data are based on 7541 entries in the past 18 months from 1562 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References

By City in India

Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Ahmedabad 9.4 3.3 4.6 30.1 21.9 100.7 1.0
Bangalore 7.6 2.5 3.2 39.3 31.3 88.1 1.1
Bhopal 17.9 1.3 2.6 74.8 38.0 205.8 0.5
Bhubaneswar 7.8 2.5 5.0 39.3 19.9 80.0 1.3
Chandigarh 12.5 1.9 1.8 52.7 54.8 123.1 0.8
Chennai 8.3 2.7 3.5 37.7 28.2 91.9 1.1
Coimbatore 9.6 3.6 6.0 27.4 16.5 108.3 0.9
Dehradun 10.5 4.1 4.6 24.2 21.9 106.1 0.9
Delhi 8.2 2.7 2.7 36.5 37.1 88.2 1.1
Goa 9.5 5.4 9.6 18.4 10.4 95.5 1.0
Gurgaon 8.1 3.1 2.9 31.9 34.2 86.7 1.2
Guwahati 6.4 6.0 4.1 16.7 24.6 64.7 1.5
Hyderabad 5.3 4.8 4.0 21.0 25.1 59.0 1.7
Indore 8.2 3.5 4.4 28.6 22.8 89.3 1.1
Jaipur 8.4 3.1 5.0 32.6 20.0 91.1 1.1
Kanpur 13.7 1.7 5.1 57.9 19.5 144.2 0.7
Kochi 20.1 2.5 1.4 40.6 72.9 202.9 0.5
Kolkata 8.6 3.5 3.9 28.8 25.8 93.4 1.1
Lucknow (Lakhnau) 13.3 2.0 2.9 50.4 34.9 142.7 0.7
Ludhiana 6.8 8.3 7.6 12.0 13.2 70.3 1.4
Mangalore 10.4 6.9 6.9 14.4 14.4 102.7 1.0
Mumbai 34.1 2.2 2.4 44.5 42.5 367.0 0.3
Nagpur 12.9 2.1 2.5 48.3 39.7 140.6 0.7
Nashik 8.0 3.3 3.6 30.1 27.6 79.8 1.3
Navi Mumbai 12.2 4.1 1.5 24.4 67.7 126.8 0.8
Noida 4.6 4.8 4.9 21.0 20.6 49.4 2.0
Patna 14.9 2.1 2.9 47.7 34.8 167.9 0.6
Pune 7.5 2.5 3.1 39.4 32.4 82.2 1.2
Rajkot 13.0 2.7 2.4 36.8 40.9 144.3 0.7
Surat 8.9 15.4 12.8 6.5 7.8 94.0 1.1
Thiruvananthapuram 4.3 5.9 7.0 16.8 14.2 46.8 2.1
Vadodara 6.7 5.1 3.7 19.4 27.1 71.3 1.4
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