Property Prices in Bhavnagar, India

Index
Price to Income Ratio:	10.67
Mortgage as Percentage of Income:	114.46%
Loan Affordability Index:	0.87
Price to Rent Ratio - City Centre:	31.76
Price to Rent Ratio - Outside of Centre:	21.54
Gross Rental Yield (City Centre):	3.15%
Gross Rental Yield (Outside of Centre):	4.64%

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Rent Per Month	Edit	Range
1 Bedroom Apartment in City Centre	₹10,000.00	8,000.00-12,000.00
1 Bedroom Apartment Outside of City Centre	₹5,500.00	5,000.00-6,000.00
3 Bedroom Apartment in City Centre	₹20,000.00	15,000.00-25,000.00
3 Bedroom Apartment Outside of City Centre	₹12,250.00	10,000.00-15,000.00

Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	₹6,759.62	5,999.95-7,999.93
Price per Square Feet to Buy Apartment Outside of Centre	₹2,657.61	2,499.98-2,972.87

Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	₹23,750.00
Annual Mortgage Interest Rate (20-Year Fixed, in %)	8.91	7.50-9.50

These data are based on 38 entries from 5 contributors over the past 18 months.
Last update: 4 May 2026

Sources and References

Nearby Cities:

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	9,200.00
GDP Growth Rate:	8.15%
Population Growth Rate:	0.72%