Property Prices in Chennai, India

Index Info
Price to Income Ratio: 8.28
Mortgage as Percentage of Income: 91.85%
Loan Affordability Index: 1.09
Price to Rent Ratio - City Centre: 37.69
Price to Rent Ratio - Outside of Centre: 28.13
Gross Rental Yield (City Centre): 2.65%
Gross Rental Yield (Outside of Centre): 3.55%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 17,641.03 ₹ 12,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 10,302.63 ₹ 7,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 42,947.37 ₹ 30,000.00-65,000.00
Apartment (3 bedrooms) Outside of Centre 23,551.72 ₹ 17,000.00-35,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 15,614.92 ₹ 9,290.23-27,870.68
Price per Square Feet to Buy Apartment Outside of Centre 6,588.28 ₹ 4,999.96-9,290.23
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 72,166.65 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.38 7.00-12.00

These data are based on 373 entries in the past 18 months from 68 different contributors.
Last update: April 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far