Property Prices in Madras, India

Index Info
Price to Income Ratio: 6.65
Mortgage as Percentage of Income: 76.95%
Loan Affordability Index: 1.30
Price to Rent Ratio - City Centre: 32.49
Price to Rent Ratio - Outside of Centre: 32.18
Gross Rental Yield (City Centre): 3.08%
Gross Rental Yield (Outside of Centre): 3.11%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 20,000.00 ₹
Apartment (1 bedroom) Outside of Centre 8,000.00 ₹
Apartment (3 bedrooms) in City Centre 35,000.00 ₹
Apartment (3 bedrooms) Outside of Centre 20,000.00 ₹
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 13,006.32 ₹
Price per Square Feet to Buy Apartment Outside of Centre 6,131.55 ₹
Salaries And Financing
Average Monthly Net Salary (After Tax) 77,500.00 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.00

These data are based on 9 entries in the past 12 months from 2 different contributors.
Last update: March 2023

Sources and References
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