Property Prices in Bhavnagar, India

Index Info
Price to Income Ratio: 9.68
Mortgage as Percentage of Income: 100.19%
Loan Affordability Index: 1.00
Price to Rent Ratio - City Centre: 31.85
Price to Rent Ratio - Outside of Centre: 25.40
Gross Rental Yield (City Centre): 3.14%
Gross Rental Yield (Outside of Centre): 3.94%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 9,000.00 ₹ 8,000.00-10,000.00
Apartment (1 bedroom) Outside of Centre 5,500.00 ₹ 5,000.00-6,000.00
Apartment (3 bedrooms) in City Centre 17,500.00 ₹ 15,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 11,000.00 ₹ 10,000.00-12,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,019.30 ₹ 5,999.95-6,038.65
Price per Square Feet to Buy Apartment Outside of Centre 2,972.87 ₹
Salaries And Financing
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Average Monthly Net Salary (After Tax) 25,000.00 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.42 5.00-9.50

These data are based on 17 entries in the past 18 months from 4 different contributors.
Last update: December 2023

Sources and References
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