Property Prices in Ahmedabad, India

Index Info
Price to Income Ratio: 9.57
Mortgage as Percentage of Income: 103.23%
Loan Affordability Index: 0.97
Price to Rent Ratio - City Centre: 28.51
Price to Rent Ratio - Outside of Centre: 24.85
Gross Rental Yield (City Centre): 3.51%
Gross Rental Yield (Outside of Centre): 4.02%
Rent Per Month
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Apartment (1 bedroom) in City Centre 14,523.33 ₹ 10,000.00-22,500.00
Apartment (1 bedroom) Outside of Centre 12,472.07 ₹ 9,500.00-22,000.00
Apartment (3 bedrooms) in City Centre 31,658.42 ₹ 20,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 21,190.00 ₹ 15,000.00-35,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 9,189.48 ₹ 6,503.16-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 6,124.54 ₹ 3,716.09-8,825.72
Salaries And Financing
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Average Monthly Net Salary (After Tax) 43,080.00 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.99 7.00-12.00

These data are based on 275 entries in the past 18 months from 47 different contributors.
Last update: September 2024

Sources and References
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