Property Prices in India

Index Info
Price to Income Ratio: 9.12
Mortgage as Percentage of Income: 94.86%
Loan Affordability Index: 1.05
Price to Rent Ratio - City Centre: 31.61
Price to Rent Ratio - Outside of Centre: 25.15
Gross Rental Yield (City Centre): 3.16%
Gross Rental Yield (Outside of Centre): 3.98%
Rent Per Month
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Apartment (1 bedroom) in City Centre 14,561.87 ₹ 8,000.00-47,800.34
Apartment (1 bedroom) Outside of Centre 9,378.65 ₹ 5,000.00-47,631.58
Apartment (3 bedrooms) in City Centre 32,485.24 ₹ 16,444.44-120,581.40
Apartment (3 bedrooms) Outside of Centre 20,155.56 ₹ 11,500.00-66,116.28
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,333.76 ₹ 4,999.96-46,106.86
Price per Square Feet to Buy Apartment Outside of Centre 5,198.07 ₹ 2,787.07-21,359.94
Salaries And Financing
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Average Monthly Net Salary (After Tax) 45,852.67 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.49 6.50-11.00

These data are based on 10223 entries in the past 18 months from 1502 different contributors.
Last update: June 2023
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 8.1 9.2 18.5 10.9 5.4 82.4 1.2
Bangalore 4.5 4.0 5.0 25.2 20.1 48.7 2.1
Bhopal 4.4 3.7 5.3 26.7 19.0 47.4 2.1
Bhubaneswar 9.1 3.3 4.2 29.9 24.0 96.9 1.0
Chandigarh 6.9 3.1 4.7 32.3 21.3 66.1 1.5
Chennai 11.0 2.5 3.9 40.4 25.3 111.0 0.9
Coimbatore 8.3 4.2 4.0 23.8 24.8 91.2 1.1
Dehradun 21.2 1.4 3.6 71.7 27.8 211.9 0.5
Delhi 14.5 2.5 3.5 40.0 28.6 149.3 0.7
Goa 10.4 5.0 7.0 20.2 14.4 106.9 0.9
Gurgaon 6.9 3.7 4.3 26.8 23.2 73.2 1.4
Guwahati 7.9 3.7 3.4 27.2 29.8 82.7 1.2
Hyderabad 7.3 3.9 4.4 25.8 22.7 75.7 1.3
Indore 7.3 3.2 3.6 31.6 28.0 77.7 1.3
Jaipur 15.7 2.2 3.8 44.6 26.0 163.5 0.6
Kochi 10.0 2.5 3.0 39.3 33.3 101.5 1.0
Kolkata 9.8 3.4 3.9 29.6 25.4 101.4 1.0
Lucknow (Lakhnau) 9.2 2.7 3.3 36.9 30.8 94.9 1.1
Ludhiana 17.9 2.0 2.0 49.1 49.6 180.8 0.6
Mumbai 30.7 2.4 3.0 40.9 33.8 317.5 0.3
Nagpur 10.2 2.6 3.5 38.6 28.8 110.4 0.9
Navi Mumbai 11.4 2.7 3.3 37.5 30.1 113.0 0.9
Noida 4.8 4.2 4.9 23.7 20.5 47.5 2.1
Patna 24.5 2.2 1.0 44.9 103.6 258.6 0.4
Pune 6.7 3.2 3.7 31.2 26.8 69.1 1.4
Rajkot 25.5 0.8 0.8 124.0 131.2 274.4 0.4
Surat 7.2 13.1 16.9 7.6 5.9 72.7 1.4
Thane 19.7 2.3 2.5 43.7 39.5 204.7 0.5
Thiruvananthapuram 5.8 2.5 4.1 39.9 24.3 61.1 1.6
Vadodara 6.5 3.8 4.3 26.6 23.3 66.3 1.5
Visakhapatnam 5.3 5.9 7.7 16.9 13.1 62.3 1.6
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