Property Prices in Allahabad, India

Index Info
Price to Income Ratio: 8.75
Mortgage as Percentage of Income: 113.19%
Loan Affordability Index: 0.88
Price to Rent Ratio - City Centre: 37.64
Price to Rent Ratio - Outside of Centre: 36.62
Gross Rental Yield (City Centre): 2.66%
Gross Rental Yield (Outside of Centre): 2.73%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 7,933.33 ₹ 6,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre 3,583.33 ₹ 2,500.00-5,000.00
Apartment (3 bedrooms) in City Centre 19,166.67 ₹ 15,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 11,428.57 ₹ 8,000.00-18,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,984.61 ₹ 4,645.11-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre 3,583.84 ₹ 2,499.98-4,999.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 32,500.00 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.67 10.50-12.00

These data are based on 56 entries in the past 18 months from 10 different contributors.
Last update: April 2021

Sources and References
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