Property Prices in Kanpur, India

Index Info
Price to Income Ratio: 17.83
Mortgage as Percentage of Income: 196.16%
Loan Affordability Index: 0.51
Price to Rent Ratio - City Centre: 59.37
Price to Rent Ratio - Outside of Centre: 34.90
Gross Rental Yield (City Centre): 1.68%
Gross Rental Yield (Outside of Centre): 2.87%
Rent Per Month
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Apartment (1 bedroom) in City Centre 8,062.50 ₹ 6,000.00-10,000.00
Apartment (1 bedroom) Outside of Centre 4,611.11 ₹ 3,500.00-7,000.00
Apartment (3 bedrooms) in City Centre 17,888.89 ₹ 12,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 12,214.29 ₹ 10,000.00-17,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,717.64 ₹ 4,645.11-14,999.88
Price per Square Feet to Buy Apartment Outside of Centre 3,954.28 ₹ 2,229.65-8,361.20
Salaries And Financing
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Average Monthly Net Salary (After Tax) 22,142.86 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.26 8.00-10.00

These data are based on 80 entries in the past 18 months from 13 different contributors.
Last update: July 2021

Sources and References
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