Property Prices in Chandigarh, India

Index Info
Price to Income Ratio: 12.98
Mortgage as Percentage of Income: 152.30%
Loan Affordability Index: 0.66
Price to Rent Ratio - City Centre: 39.41
Price to Rent Ratio - Outside of Centre: 30.28
Gross Rental Yield (City Centre): 2.54%
Gross Rental Yield (Outside of Centre): 3.30%
Rent Per Month
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Apartment (1 bedroom) in City Centre 13,347.83 ₹ 10,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 8,418.18 ₹ 5,200.00-15,000.00
Apartment (3 bedrooms) in City Centre 32,272.73 ₹ 20,000.00-45,000.00
Apartment (3 bedrooms) Outside of Centre 19,454.55 ₹ 15,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 12,308.12 ₹ 9,290.23-16,257.90
Price per Square Feet to Buy Apartment Outside of Centre 5,826.81 ₹ 3,999.97-8,361.20
Salaries And Financing
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Average Monthly Net Salary (After Tax) 37,590.91 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.19 7.75-12.00

These data are based on 240 entries in the past 18 months from 35 different contributors.
Last update: January 2021

Sources and References
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