Property Prices in Ludhiana, India

Index Info
Price to Income Ratio: 13.23
Mortgage as Percentage of Income: 142.18%
Loan Affordability Index: 0.70
Price to Rent Ratio - City Centre: 33.49
Price to Rent Ratio - Outside of Centre: 34.92
Gross Rental Yield (City Centre): 2.99%
Gross Rental Yield (Outside of Centre): 2.86%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 9,090.91 ₹ 5,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 5,909.09 ₹ 4,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 22,416.67 ₹ 13,000.00-55,000.00
Apartment (3 bedrooms) Outside of Centre 14,500.00 ₹ 9,000.00-25,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 7,199.12 ₹ 4,180.60-15,793.39
Price per Square Feet to Buy Apartment Outside of Centre 4,866.24 ₹ 2,322.56-7,896.69
Salaries And Financing
Average Monthly Net Salary (After Tax) 24,545.45 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.94 6.90-12.00

These data are based on 117 entries in the past 18 months from 17 different contributors.
Last update: July 2021

Sources and References
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