Property Prices in Indore, India

Index Info
Price to Income Ratio: 7.34
Mortgage as Percentage of Income: 77.72%
Loan Affordability Index: 1.29
Price to Rent Ratio - City Centre: 31.62
Price to Rent Ratio - Outside of Centre: 27.96
Gross Rental Yield (City Centre): 3.16%
Gross Rental Yield (Outside of Centre): 3.58%
Rent Per Month
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Apartment (1 bedroom) in City Centre 10,333.33 ₹ 7,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre 6,600.00 ₹ 5,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 25,000.00 ₹ 20,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 14,818.18 ₹ 10,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 7,648.32 ₹ 4,999.96-14,999.88
Price per Square Feet to Buy Apartment Outside of Centre 4,157.01 ₹ 2,999.98-6,999.94
Salaries And Financing
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Average Monthly Net Salary (After Tax) 43,259.26 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.72 6.00-12.00

These data are based on 113 entries in the past 18 months from 17 different contributors.
Last update: May 2023

Sources and References
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