Property Prices in Madras, India

Index
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	Edit
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	Edit
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

Nearby cities:

Property Prices in Chennai	3.94 miles
Property Prices in Tiruvallur	27.41 miles
Property Prices in Chengalpattu	34.61 miles
Property Prices in Arakkonam	47.83 miles
Property Prices in Vellore	85.15 miles
Property Prices in Tirupati	85.81 miles
Property Prices in Pondicherry	100.99 miles
Property Prices in Nellore	113.49 miles
Property Prices in Chittoor	115.40 miles
Property Prices in Tiruvannamalai	116.71 miles

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	6,700.00
GDP Growth Rate:	4.86%
Population Growth Rate:	1.04%