Property Prices in Chandigarh, India

Index Info
Price to Income Ratio: 12.47
Mortgage as Percentage of Income: 123.06%
Loan Affordability Index: 0.81
Price to Rent Ratio - City Centre: 52.71
Price to Rent Ratio - Outside of Centre: 54.79
Gross Rental Yield (City Centre): 1.90%
Gross Rental Yield (Outside of Centre): 1.83%
Rent Per Month
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Apartment (1 bedroom) in City Centre 12,200.00 ₹ 10,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre 8,000.00 ₹ 5,000.00-12,000.00
Apartment (3 bedrooms) in City Centre 30,600.00 ₹ 20,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 21,600.00 ₹ 10,000.00-35,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 15,341.80 ₹ 10,683.76-19,999.83
Price per Square Feet to Buy Apartment Outside of Centre 10,883.77 ₹ 8,361.20-14,999.88
Salaries And Financing
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Average Monthly Net Salary (After Tax) 56,589.74 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.77 5.50-9.00

These data are based on 64 entries in the past 18 months from 18 different contributors.
Last update: April 2024

Sources and References
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