Property Prices in Ghaziabad, India

Index Info
Price to Income Ratio: 6.95
Mortgage as Percentage of Income: 73.58%
Loan Affordability Index: 1.36
Price to Rent Ratio - City Centre: 22.96
Price to Rent Ratio - Outside of Centre: 25.24
Gross Rental Yield (City Centre): 4.36%
Gross Rental Yield (Outside of Centre): 3.96%
Rent Per Month
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Apartment (1 bedroom) in City Centre 11,625.00 ₹ 8,000.00-18,000.00
Apartment (1 bedroom) Outside of Centre 7,285.71 ₹ 6,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 22,250.00 ₹ 18,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 16,142.86 ₹ 14,000.00-20,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,564.46 ₹ 4,180.60-7,432.18
Price per Square Feet to Buy Apartment Outside of Centre 4,114.48 ₹ 2,972.87-6,503.16
Salaries And Financing
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Average Monthly Net Salary (After Tax) 37,500.00 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.74 8.00-10.00

These data are based on 80 entries in the past 18 months from 12 different contributors.
Last update: May 2021

Sources and References
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