Property Prices in Lucknow (Lakhnau), India

Index Info
Price to Income Ratio: 13.69
Mortgage as Percentage of Income: 146.95%
Loan Affordability Index: 0.68
Price to Rent Ratio - City Centre: 46.71
Price to Rent Ratio - Outside of Centre: 31.31
Gross Rental Yield (City Centre): 2.14%
Gross Rental Yield (Outside of Centre): 3.19%
Rent Per Month
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Apartment (1 bedroom) in City Centre 12,500.00 ₹ 8,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre 7,666.67 ₹ 6,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 28,833.33 ₹ 18,000.00-45,000.00
Apartment (3 bedrooms) Outside of Centre 22,000.00 ₹ 15,000.00-28,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 13,333.22 ₹ 9,999.92-19,999.83
Price per Square Feet to Buy Apartment Outside of Centre 6,166.62 ₹ 3,999.97-7,499.94
Salaries And Financing
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Average Monthly Net Salary (After Tax) 38,333.33 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.92 8.00-10.50

These data are based on 72 entries in the past 18 months from 18 different contributors.
Last update: July 2024

Sources and References
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