Property Prices in Chennai, India

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Index Info
Price to Income Ratio: 7.56
Mortgage as Percentage of Income: 82.52%
Loan Affordability Index: 1.21
Price to Rent Ratio - City Centre: 40.18
Price to Rent Ratio - Outside of Centre: 26.21
Gross Rental Yield (City Centre): 2.49%
Gross Rental Yield (Outside of Centre): 3.82%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 16,532.43 ₹ 10,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 9,875.00 ₹ 7,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 37,885.71 ₹ 30,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 22,194.87 ₹ 15,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 15,117.55 ₹ 9,999.92-24,999.79
Price per Square Feet to Buy Apartment Outside of Centre 5,833.23 ₹ 4,645.11-7,999.93
Salaries And Financing
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Average Monthly Net Salary (After Tax) 74,578.95 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.15 8.00-13.00

These data are based on 393 entries from 59 contributors over the past 18 months.
Last update: April 2025

Sources and References
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