Property Prices in Chennai, India

Index Info
Price to Income Ratio: 8.36
Mortgage as Percentage of Income: 95.94%
Loan Affordability Index: 1.04
Price to Rent Ratio - City Centre: 38.68
Price to Rent Ratio - Outside of Centre: 24.93
Gross Rental Yield (City Centre): 2.59%
Gross Rental Yield (Outside of Centre): 4.01%
Rent Per Month
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1 Bedroom Apartment in City Centre 17,052.63 ₹ 12,000.00-40,000.00
1 Bedroom Apartment Outside of City Centre 10,526.32 ₹ 8,000.00-20,000.00
3 Bedroom Apartment in City Centre 38,823.53 ₹ 30,000.00-80,000.00
3 Bedroom Apartment Outside of City Centre 25,926.32 ₹ 20,000.00-40,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 14,964.19 ₹ 11,999.90-19,999.83
Price per Square Feet to Buy Apartment Outside of Centre 6,199.86 ₹ 4,999.96-7,999.93
Salaries And Financing
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Average Monthly Net Salary (After Tax) 68,093.33 ₹
Annual Mortgage Interest Rate (20-Year Fixed, in %) 9.86 7.50-12.00

These data are based on 240 entries from 37 contributors over the past 18 months.
Last update: 18 April 2026

Sources and References
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