Property Prices in Chandigarh, India

Index Info
Price to Income Ratio: 6.93
Mortgage as Percentage of Income: 66.10%
Loan Affordability Index: 1.51
Price to Rent Ratio - City Centre: 32.29
Price to Rent Ratio - Outside of Centre: 21.34
Gross Rental Yield (City Centre): 3.10%
Gross Rental Yield (Outside of Centre): 4.69%
Rent Per Month
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Apartment (1 bedroom) in City Centre 12,909.09 ₹ 10,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 9,000.00 ₹ 7,000.00-12,000.00
Apartment (3 bedrooms) in City Centre 36,000.00 ₹ 30,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 21,900.00 ₹ 15,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,537.54 ₹ 7,432.18-15,999.87
Price per Square Feet to Buy Apartment Outside of Centre 4,508.99 ₹ 3,251.58-9,999.92
Salaries And Financing
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Average Monthly Net Salary (After Tax) 58,444.44 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.33 5.50-8.50

These data are based on 94 entries in the past 18 months from 16 different contributors.
Last update: May 2023

Sources and References
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