Property Prices in Ahmedabad, India

Index Info
Price to Income Ratio: 9.67
Mortgage as Percentage of Income: 103.27%
Loan Affordability Index: 0.97
Price to Rent Ratio - City Centre: 26.76
Price to Rent Ratio - Outside of Centre: 18.46
Gross Rental Yield (City Centre): 3.74%
Gross Rental Yield (Outside of Centre): 5.42%
Rent Per Month
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Apartment (1 bedroom) in City Centre 18,701.07 ₹ 15,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 16,395.39 ₹ 12,000.00-26,000.00
Apartment (3 bedrooms) in City Centre 34,479.67 ₹ 25,000.00-55,000.00
Apartment (3 bedrooms) Outside of Centre 23,580.56 ₹ 15,000.00-35,264.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,253.93 ₹ 6,503.16-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 5,579.31 ₹ 3,251.58-9,290.23
Salaries And Financing
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Average Monthly Net Salary (After Tax) 44,076.92 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.85 7.00-12.00

These data are based on 223 entries in the past 18 months from 51 different contributors.
Last update: February 2024

Sources and References
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