Property Prices in Gurgaon, India

Index Info
Price to Income Ratio: 7.86
Mortgage as Percentage of Income: 83.76%
Loan Affordability Index: 1.19
Price to Rent Ratio - City Centre: 31.08
Price to Rent Ratio - Outside of Centre: 32.00
Gross Rental Yield (City Centre): 3.22%
Gross Rental Yield (Outside of Centre): 3.13%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 26,045.45 ₹ 20,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 15,333.33 ₹ 11,000.00-22,000.00
Apartment (3 bedrooms) in City Centre 63,880.00 ₹ 50,000.00-100,000.00
Apartment (3 bedrooms) Outside of Centre 37,210.53 ₹ 25,000.00-65,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 19,083.17 ₹ 11,999.90-24,999.79
Price per Square Feet to Buy Apartment Outside of Centre 11,502.85 ₹ 7,999.93-14,999.88
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 104,655.17 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.81 7.00-11.00

These data are based on 235 entries in the past 18 months from 44 different contributors.
Last update: May 2024

Sources and References
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2 Comments so far
helping hand on Mar 20, 2023:
if we calculate price to income ratio for 100yards apartment normally without second member earning
inside city centre = 12.45
outside city centre = 6.5

if you go for 200yards , price to income ratio will be doubled 25 and 13 (inside and outside centre), if spouse also earning around average , price to income ratio is halved.

also , as EMI should not be more than 30% , then calculate how costly this bet is, until you both are earning.
helping hand on Mar 20, 2023:
Hi Team,

Could you please correct your calculations for net disposable family income instead of 1.5 please use data available in public domain, in 2021 working women is 19%. so it should be 1.19*average salary.
due to this, price to income ratio is coming very low.
also please show price to income ratio separately for inside city centre and outside, merging them is also making it very low.

warn regards