Property Prices in Allahabad, India

Index Info
Price to Income Ratio: 10.18
Mortgage as Percentage of Income: 131.67%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 46.52
Price to Rent Ratio - Outside of Centre: 34.74
Gross Rental Yield (City Centre): 2.15%
Gross Rental Yield (Outside of Centre): 2.88%

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Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 7,016.67 ₹ 4,500.00-12,000.00
Apartment (1 bedroom) Outside of Centre 3,800.00 ₹ 3,000.00-8,500.00
Apartment (3 bedrooms) in City Centre 17,500.00 ₹ 15,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 12,000.00 ₹ 8,000.00-18,000.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 7,764.44 ₹ 6,503.16-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre 3,583.84 ₹ 2,499.98-4,999.96
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 30,000.00 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.67 10.50-12.00

These data are based on 50 entries in the past 18 months from 9 different contributors.
Last update: November 2020

Sources and References
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