Property Prices in Chennai, India

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Index Info
Price to Income Ratio: 7.68
Mortgage as Percentage of Income: 84.28%
Loan Affordability Index: 1.19
Price to Rent Ratio - City Centre: 40.23
Price to Rent Ratio - Outside of Centre: 25.97
Gross Rental Yield (City Centre): 2.49%
Gross Rental Yield (Outside of Centre): 3.85%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 16,191.43 ₹ 10,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 10,065.79 ₹ 7,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 38,540.54 ₹ 30,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 22,188.57 ₹ 15,000.00-30,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 15,117.55 ₹ 9,999.92-24,999.79
Price per Square Feet to Buy Apartment Outside of Centre 5,833.23 ₹ 4,645.11-7,999.93
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 73,435.90 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.23 8.00-13.00

These data are based on 390 entries from 60 contributors over the past 18 months.
Last update: 22 May 2025

Sources and References
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